Tier 1 Hyundai supplier to expand, adds jobs in Opelika - WSFA.com Montgomery Alabama news.

Tier 1 Hyundai supplier to expand, adds jobs in Opelika

Hanwha in Opelika will hire approximately 100 more people over a three-year period. (Source: WSFA 12 News) Hanwha in Opelika will hire approximately 100 more people over a three-year period. (Source: WSFA 12 News)
OPELIKA, AL (WSFA) -

Hanwha in Opelika, a Tier 1 Hyundai supplier, is spending $20 million in capital investments and adding 100 more jobs to its growing workforce. This is the company's seventh expansion since it arrived in Lee County twelve years ago.

"This $20 million will  put them up to about $80 million," said Opelika mayor Gary Fuller.

The company, which launched in 2005 with 150 employees, will see the new round of jobs push the total employment to around 400. 

Hanwha makes interior headliners for cars, door panels and bumper inserts for four automotive manufacturers.

"They primarily serve KIA, Hyundia, Volkswagon and Honda," said Fuller.

Hanwha is among several auto suppliers that make up Alabama's auto industry, which produces 1 million vehicles a year and employs 40,000 people.

Opelika has offered a $200,000 tax incentive package for the business expansion.

"If they buy materials or equipment from Opelika and they have an Opelika invoice from one of our merchants, then we'll reimburse them," said Fuller.

For Opelika, the economy just seems to get stronger.

"We built almost, not quite, 3,000 single housing units in Opelika in the last 10 years," Fuller said.

Hanwha will spend the $20 million by adding on to the current facility. The 100 jobs will be phased in over a three year period with the average pay being around $15 an hour.

Copyright 2017 WSFA 12 News. All rights reserved.

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