Auto Parts Manufacturer, KwangSung Corp., Plans $9 Million Expansion At Dadeville, Alabama, Production Center
01/02/2014
The company, operating in Dadeville since 2006, uses a blow molding process to produce components that include door panels and sun visors for Hyundai and Kia.
“The success of automobile manufacturers in the Southeast depends on high quality parts producers like KwangSung and their skilled Alabama workforce,” said Gov Robert Bentley said. “I commend KwangSung for its expansion and I am delighted to contribute to the development of new jobs for our residents.”
The Governor awarded Dadeville a $350,000 Community Development Block Grant to assist with infrastructure improvements needed for the expansion. CDBG funding will be used to provide sewer services for the new facility located on a 25-acre site in the industrial park. Dadeville is supplying $33,000 as a match for the grant.
Previously, a $600,000 grant awarded by ADECA helped KwangSung to locate in the area, and ADECA funding also assisted another automobile components manufacturer to locate and expand in the industrial park. The U.S. Department of Housing and Urban Development allocates CDBG funds to Alabama.
Project Announcements
South Korea-Based SPC Group Plans Burleson, Texas, Production Operations
02/05/2025
Diageo North America Plans Montgomery, Alabama, Manufacturing-Warehouse Operations
02/05/2025
Octillion Power Systems Establishes Reno, Nevada, Battery Manufacturing Operations
02/05/2025
Letica Expands Fulton County, Kentucky, Operations
02/05/2025
Japan-Based Murakami Manufacturing USA Expands Taylor County, Kentucky, Operations
02/05/2025
Hex Armor Expands Grand Rapids, Michigan, Operations
02/05/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024