Sewon Precision, a major supplier to Kia Motors Corp., will build its first U.S. plant in LaGrange, Ga.
The company plans to create 700 jobs and invest $170 million in the plant, which will manufacture automotive components for the Kia plant scheduled to open in nearby West Point in late 2009.
"Landing a top-tier supplier such as Sewon Precision indicates that communities across West Georgia are continuing to benefit from Kia's decision to locate in our state," Georgia Gov. Sonny Perdue said in a press release. "Suppliers have announced upwards of 2,000 jobs on top of the 2,800 that Kia will bring."
Sewon Precision, of Daegu, Korea, will produce stamped chassis and body components as well as some decorative trim pieces for Kia Motors Manufacturing Georgia.
Construction will begin in the spring on the 420,000-square-foot building. The plant is scheduled to go into production in fall 2009.
The Sewon Group, the parent company of Sewon Precision, has supplied Kia in Korea for more than 20 years. Perdue met with Sewon executives in October during a Kia supplier dinner in Seoul.