Korean automotive supplier Dongwon Autopart Technology recently announced that it will locate a facility in Meriwether County, Ga., to serve the Kia Motors plant under construction in West Point. The company will create 300 jobs and invest $30 million in the facility.
Construction on the new facility in Meriwether Park is set to begin January 2008 and will be completed in late July 2008. The new plant will be approximately 120,000-150,000 square feet, located half a mile from I-85 on State Highway 54.
Dongwon, which has been a Kia supplier for three years, will manufacture door frames, side impact beams, roof molding, side absorbers and cross bars for the new Kia facility.
“Dongwon Autopart Technology is proud to locate their second American facility in Meriwether County and is looking forward to becoming a vital partner in the community,” said Jung Kwon (Charlie) Kim, executive director of Dongwon Autopart Technology.
Dongwon is the latest Kia supplier to announce plans for a Georgia facility. Hyundai Mobis signed on in August to locate a facility in West Point, creating 600 jobs. Other automotive suppliers, including Pretty Products, DaeLim USA and Sumika Polymer Compounds America, Inc. have announced West Georgia facilities in recent months.
Dongwon, founded in Korea in 1971, has become a mainstay in the vehicle and steel industry. Dongwon has become one of the leading Korean companies by founding a research institute in order to constantly improve its materials and products. Through technical joint ventures with advanced manufacturers in Germany, America and Japan, Dongwon has acquired the newest automation equipment and has become a global player in the industry.
For MORE NEWS BRIEFS, click here.
For a FREE SUBSCRIPTION to Expansion Management magazine, click here.
For MORE NEWS BRIEFS SORTED BY STATE, click here.
For MORE NEWS BRIEFS SORTED BY INDUSTRY or FUNCTION, click here.
For MORE NEWS BRIEFS SORTED BY COUNTRY, click here.