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

South Korea-Based Samkee Plans Tuskegee, Alabama, Operations

02/13/2023
Samkee Corp., a South Korean automotive supplier, plans to establish its first U.S. operations in Tuskegee, Alabama. The $128 million project is expected to create 170 jobs in Macon County.

The company will locate a new manufacturing facility in the Tuskegee Commerce Park and will serve as a Tier 1 supplier to Hyundai Motor Co. Parts production is scheduled to begin during 2024.

“Samkee is a worldwide leader in quality manufactured aluminum die cast products,” CEO Chi Hwan Kim said. “Our Tuskegee plant will allow our company to serve the North American market along with Hyundai’s market growth for both combustion engines and transmissions as well as electric vehicle and battery parts.

Founded in 1978, Samkee specializes in high-pressure die-cast aluminum components, including parts for engines, transmissions and electric vehicles, along with alloys. The company currently operates factories in South Korea and China.

“Alabama’s auto industry is filled with world-class manufacturing companies from around the world, and Samkee will fit right in with that group,” noted Governor Kay Ivey. “We’re proud that the company selected Alabama for its first U.S. production center and look forward to seeing it grow and thrive in coming years. Samkee has come to the right place for its new U.S. industrial home.”

“Samkee appreciated the local assets, spirit of cooperation and friendship developed over time with Macon County. We have strived with our stakeholders in a team effort to meet Samkee’s needs,” added Joe Turnham, director of the Macon County Economic Development Authority.

Share

Exclusive Research