Shinhwa Auto Invests $114 Million in Right to Work Alabama

Shinhwa Auto is expanding soon in Right to Work Auburn, Alabama. As a result, they are investing a total of $114 million. They will also create 50 new jobs. So this is great news for the area’s economy!

From Area Development Magazine:

“We are thrilled to be expanding our business yet again, building new state-of-the-art facilities in Auburn, Alabama, where Shinhwa has a successful business operation since 2019. […] As one of the most innovative industrial manufacturers of aluminum car components, we are confident that the momentum we have achieved will continue to meet customers’ growing demand for high-quality products.” […]

“Alabama’sauto sectoris experiencing a major growth spurt as the industry accelerates the transition toward an electric future. […] We look forward to working with Shinhwa to advance its expansion plans and fully develop the growth potential of its Auburn manufacturing operation.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.