The benefits of Montgomery's brand new Hyundai plant are becoming more and more evident, with all the Hyundai tier one suppliers moving into this area.
Now, there is word another company is moving in. The Opelika Chamber of Commerce tells WSFA 12 News that the city has landed Mando Corporation. This will be the Korean company's first North American manufacturing facility. It will make a 30 million dollar investment in the city and employ up to 150 people.
Mando is one of the leading automotive parts manufacturers in Korea, which specializes in chassis components and systems. Governor Bob Riley has thanked company leaders and so has Opelika Mayor Barbara Patton.
Mando's announcement comes just a few months after Opelika landed another auto supplier facility. Benteler automotive broke ground in January. By this fall, the 20 million dollar investment will create 150 jobs for the area and up to 300 jobs over the next five years. That facility is scheduled to open in September.
Opelika isn't the only city that's landed Hyundai suppliers. So far, Enterprise, :Luverne, Greenville, Shorter and Ft. Deposit have also announced suppliers are moving into their cities. Ft. Deposit's announcement came just last Friday. A joint venture of Sejong (say-john) Industrial and the American company Arvin-Meritor will build a 10 million dollar plant there and employ 100 people.