Purico Group of Nottingham, England to join Tuscaloosa Automotiv - WSFA.com: News Weather and Sports for Montgomery, AL.

Purico Group of Nottingham, England to join Tuscaloosa Automotive cluster

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TUSCALOOSA, AL -

From: Tuscaloosa County Industrial Development Authority;

On Monday, September 23, 2013, the Purico Group and Bolta Werke GmbH
announced during a press conference with Governor Robert Bentley and the
Tuscaloosa County Industrial Development Authority (TCIDA) in Tuscaloosa, AL
that they will invest $39.5 million and create approximately 350+ new jobs by
2016 to accommodate future production of plated on plastic automotive parts
mainly for Mercedes-Benz U.S. International, Inc. in Vance, AL, VW in
Chattanooga, TN and other premium automotive manufacturers in North
America.

The new plant, a sister company of Bolta Werke GmbH, its first
production facility in the United States, will be about 140,000 square feet and
production will involve a state-of-the-art plating on plastic line and injection
molding equipment. The customer mix will not only bring new jobs to the area
but more importantly, due to a variety of customers, stability and future growth
opportunities through a diversified product range.


Christian Falk, CEO of Bolta Werke GmbH said that "Bolta's success is based
on its ability to produce the high quality standard of the German premium OEMs
and its close, long-term relationship with Audi, BMW, Mercedes and
Volkswagen. Due to the positive economic climate of the re-strengthened North
American automotive market and the corresponding expansions not only of
German OEMs, Bolta's presence in the South Eastern United States is strongly
encouraged by its customers and therefore of strategic importance. With a new
production facility in Tuscaloosa, Alabama, Bolta will not only be able to support
Mercedes Benz and Volkswagen in close proximity, but also valued Tier 1
suppliers like Rehau.


Given Bolta's experience with expansion in Mexico and the successful
acquisition of substantial new projects for its North American customers, the
company will be able to continue its global growth.


Because of the strong support from the TCIDA and the commitment from the
city of Tuscaloosa, Tuscaloosa County and the state of Alabama, Bolta feels
very welcome in Tuscaloosa and is proud to have selected the right partner and
location to make this expansion a success."


Governor Robert Bentley welcomed Bolta to Tuscaloosa, saying, "Alabama
has a positive business climate and the best workforce you can find. I
appreciate Bolta for making this investment. On the state and local levels, we
are committed to helping Bolta succeed. Recently, Area Development magazine
ranked Alabama as one of the top five states for doing business – for the fourth
year in a row. Our labor climate, our workforce development programs and our
overall business environment helped us achieve this ranking. I'm proud that
Bolta is joining us, and I'm proud that even more great products will be ‘Made in
Alabama.'"


Mayor Walt Maddox, "The Council and myself are tremendously excited about
welcoming Bolta to the City of Tuscaloosa. Attracting a company of Bolta's
status took a strong partnership with Governor Bentley, the Tuscaloosa County
Commission and the Tuscaloosa County Industrial Development Authority."
Judge Hardy McCollum, "We are happy to welcome Bolta to Tuscaloosa. This
partnership is a great step forward for Tuscaloosa County to continue to grow
and prosper."


Beckham Palmer, Chairman of the Tuscaloosa County Industrial Development
Authority (TCIDA), said that "Bolta Werke GmbH is a premier global automotive
supplier and its locating here in Tuscaloosa speaks well of a strong and capable
workforce in a pro-business environment."


Dara Longgrear, Executive Director of the Tuscaloosa County Industrial
Development Authority (TCIDA), mentioned, "Tuscaloosa County is strategically
located in the heart of one of the most productive and emerging regions in North
America. Due to the location advantages of Tuscaloosa County, manufacturing
and industrial leaders have been able to maintain successful enterprises in this
area. Furthermore, they have found a workforce and a business-minded
community that supports and facilitates the success companies need in today's
tough economy."


Bolta Werke is the single largest operation of its kind in Europe. The company is
based in Nuremberg, Bavaria, Germany and supplies specialty parts to OEM's in
the Automotive Industry. It employs nearly 1,100 persons and has sales of over
$130 million Euros.


Bolta Werke GmbH was originally founded in 1921 and has been part of the
Purico Group of the United Kingdom for nearly 30 years. Starting in 1964, Bolta
was the first in Europe to produce plastic parts with special chrome plated
surfaces and is a supplier to premium automotive manufacturers like Audi,
BMW, Ford, Mercedes and Volkswagen in Asia, Europe and North America.
Bolta is also one of the leading companies for specially molded, painted or
chrome plated plastic parts. Since joining the Purico Group, capital expenditure
of over $80 million Euros has been made in Bolta Werke GmbH.

Speakers at press conference in order of appearance:


Dara Longgrear
Andy Jocham
Greg Canfield
Governor Robert Bentley
Mayor Walt Maddox
Judge Hardy McCollum
Christian Falk
Anil Puri

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