Automotive Investment in Tuscaloosa County Continues to Grow with Martinrea Expansion

Source: TCEDA Bulletin

Summary: Martinrea Tuscaloosa announced plans to expand its manufacturing facility in Tuscaloosa County (AL) to address production and assembly of parts for Mercedes’ new electric vehicle.  The facility manufactures automotive components for Mercedes and other OEMs. The Martinrea expansion project represents an investment of approximately $52.3 million and will create 62 new jobs and retain 13 jobs. Martinrea International recently acquired the Metalsa Tuscaloosa manufacturing facility located in the Airport Industrial Park. Martinrea International Inc. (TSX: MRE) is a leader in the development and production of quality metal parts, assemblies and modules, fluid management systems, and complex aluminum products focused primarily on the automotive sector. Martinrea operates in 57 locations in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain, China, South Africa and Japan.

First-of-Its-Kind Operation to Locate in Tuscaloosa County to Support Mining Industry

Source: TCEDA Bulletin

Summary: Minerals Refining Company (MRC) announced plans to establish a first of its kind production facility in the United States in Tuscaloosa County (AL). MRC is a supporting industry to Warrior Met Coal and is seeking to co-locate at Warrior Met’s Preparation Plant No. 7 on Hannah Creek Road. The company is proposing to utilize a patented technology to enhance recovery of ultrafine metallurgical coal particles during the preparation process that would otherwise be treated as waste product by Warrior Met. This will be the first such production facility of its kind in the United States when it becomes operational. The MRC project represents an investment of $14.85 million and 10 new, high-paying jobs.

Local Manufacturer Invests in State-of-the-Art Improvements and New Jobs

Source; TCEDA Bulletin

Summary: Valmont Newmark announced plans to expand its Tuscaloosa (AL) operations with a $5.6 million investment and the creation of 15 new jobs. The project will allow the concrete utility pole manufacturer to expand its current production facility and its production capacity. The expansion will add about 60% more facility space. The new activity will allow Valmont to fabricate larger concrete poles and will create a state-of-the-art facility. The company plans to hire 15 full-time people immediately and expects to grow more. Valmont Newmark is a branch of Valmont Utility, a division of Valmont Industries. Valmont is one of the world’s leading providers of engineered products and services for infrastructure, and irrigation equipment for agriculture.

New Automotive Supplier To Locate in Tuscaloosa County, Increasing Community’s Automotive Footprint

Source: TCEDA Bulletin

Summary: International Automotive Components Group North America (IAC) presented to the board of the Tuscaloosa County Industrial Development Authority plans to locate a new operation in Tuscaloosa County (AL). The proposed project represents an initial investment of $22.3 million and the creation of 119 new jobs. IAC supplies Original Equipment Manufacturers (OEMs) with instrument panels, console systems, door panels, headliners and overhead systems, bumper fascias and exterior trim. The company will locate activities in an existing building in Cedar Cove Technology Park. IAC’s investment would include services of an existing contract to supply Honda. IAC anticipates additional business activity in the near future. Headquartered in Luxembourg, IAC Group’s reach spans the globe, with over 18,000 employees in 17 countries.

Lear Corporation To Create 442 Jobs With Expansion Plans

Source: TCEDA Bulletin

Summary: Lear Corporation announced plans to expand its operations in Tuscaloosa County (AL) to increase production capacity. The Lear project represents an initial investment of approximately $12.4 million and the creation of 442 jobs. Lear is a leading global supplier of automotive seating and electrical power management systems and supplies the Mercedes-Benz facility in Tuscaloosa County, Alabama. Existing operations are located on Brookwood Parkway and the company employs almost 800 people. The proposed project includes an expansion of the existing building footprint and additional square footage at a location to be determined. Lear announced plans to locate in Tuscaloosa County in 2012 and previously expanded in 2016.

Alabama-based Hanna Steel To Increase Production and Expand Product Line

Source: TCEDA Summary

Hanna Steel Corporation announced plans to expand its facility in the Tuscaloosa County Airport Industrial Park in Tuscaloosa, Alabama. The expansion project represents an investment of approximately $36.7 million and the creation of 26 new jobs. The investment will allow the company to increase production capacity and expand its product line in the steel industry. The project will improve the efficiency of tube production and enable the company to change its production sizes with minimal downtime. Hanna has operated in Tuscaloosa since 1991. The Tuscaloosa facility serves as the company’s southeast tubing operations. Hanna has invested more than $75 million in the Tuscaloosa facility since its initial location. Hanna Steel Corporation is still a privately held company with corporate headquarters in Hoover, Alabama. It provides ASTM standard structural and mechanical tubing both domestically and internationally. Hanna’s Tuscaloosa facility currently employs 174 people.

Home-grown Company Expands to Support National Market

Source: TCEDA Bulletin

Summary: Coral Industries is proposing to expand its Tuscaloosa operations to increase production capacity and expand its product line in the framed and frameless shower door industry. The investment is expected to contribute to a significant increase in annual sales, which will enhance its market position. Coral will invest approximately $5.4 million in new equipment. The project will not result in new direct jobs immediately, but jobs impacted by the new product line will convert to higher skill jobs at a higher wage rate. Coral Industries was established in 1976 with its headquarters in Tuscaloosa, Alabama. In 2018, Coral was acquired by Oldcastle Building Envelope, which is a U.S. subsidiary of CRH plc, one of the top five international building products companies. Coral currently employs more than 400 people at two facilities in Tuscaloosa County. Prior to the Oldcastle purchase, Coral had grown to become the largest independent manufacturer of quality bath enclosures in a sector that includes almost 150 national and regional competitors.

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P.O. Box 2667
Tuscaloosa, AL 35403

Office:

2204 University Boulevard
Tuscaloosa, AL 35401

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