Dongwon Metal Co. Ltd. is the latest Korean company to tell of plans for a U.S. factory to supply Kia Motors Corp.s assembly plant under construction in West Point, Ga.
The $30 million factory planned for Meriwether County, Ga., will manufacture door frames, side-impact beams, roof molding, side absorbers and crossbars. It will employ about 300 workers.
Construction on the 120,000- to 150,000-square-foot factory will begin in January and be completed in July. The Kia plant is slated to begin production in late 2009.
This will be the second U.S. factory for Dongwon, which opened a plant in Luverne, Ala., in 2004 to serve Hyundai Motor Co.
Dongwon Autopart Technology Alabama LLC produces door frames, assembly cowl cross members, impact beams and roof molding for vehicles assembled at Hyundais Montgomery, Ala., plant.
This year, Dongwon also began making crossbars for supplier Hyundai Mobis.
Georgia Gov. Sonny Perdue announced Dongwons latest project Wednesday, Oct. 17, from Seoul, where he was meeting with Kia suppliers as part of an economic development mission to Korea and Japan.
As we work with Kias trusted suppliers, Im confident that Georgia will continue to benefit from the wave of economic growth sparked by the Kia plant, Perdue said in a press release.
In August, Mobis said it would build a $60 million plant in West Point to supply front-end modules, front-rolling chassis modules, rear-chassis modules, cockpit modules, front and rear bumpers and other parts to Kia.
Other automotive suppliers to announce plans for western Georgia facilities in recent weeks include rubber floor mat maker Pretty Products and injection molder DaeLim USA.
This week, Sumika Polymer Compounds America Inc. said it will make plastic parts for the automotive industry from a new plant in Griffin, Ga.
The plant, scheduled to start production in early 2009, will be a joint venture between Sumitomo Chemical, of Tokyo, and Toyo Ink Group.