Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Shinhwa Auto USA Expands Auburn, Alabama, Operations

03/11/2026
Shinhwa Auto USA Corporation plans to expand its operations in Auburn, Alabama. The $37 million project is expected to create approximately 20 jobs.

The company’s new tooling facility, located at the Auburn Technology Park West, will allow it to serve both internal manufacturing needs and external customers requiring engineering and maintenance services for high-pressure die casting tooling.

“This expansion is an important milestone that allows us to create a vertically integrated U.S.-based company,” said Kwi Hyun Lee, chairman of Shinhwa Group. “Leveraging SAPP’s advanced engineering knowledge will further enhance our technical capabilities as a manufacturer of complex and integrated aluminum car systems and will enhance our capabilities to service our customers quickly and efficiently.”

Shinhwa Auto USA Corporation is the North American subsidiary of South Korea-based automotive supplier Shinhwa Automotive, specializing in the manufacturing of precision metal components and assemblies for the global automotive industry. The company produces structural and safety-critical parts such as chassis components, body structures, and battery-related assemblies used in conventional and electric vehicles.

“We congratulate the leadership at Shinhwa and Mayor Ron Anders and the Auburn City Council for the expansion in Auburn. The investment is a good indicator of the continued growth opportunities that companies find in Alabama’s auto sector,” noted Ellen McNair, Secretary of the Alabama Department of Commerce. “Bringing the tooling capacity to Auburn should further strengthen the manufacturing ecosystem of die casting companies in Alabama.”

Exclusive Research