South Korea-Based Samkee Plans Tuskegee, Alabama, Operations
02/13/2023
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.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024