Shinhwa Group to invest USD 42 million for manufacturing plant in Auburn, Alabama  [ USA ]

On October 1, Korea-based automotive parts manufacturer Shinhwa Group announced plans to invest USD 42 million to establish its first U.S. manufacturing operation in Auburn, Alabama.Initially, Shinhwa will produce drive shafts for vehicles made by Hyundai Motor Manufacturing Alabama in Montgomery and Kia Motor Manufacturing Georgia, just across the state line in West Point.Shinhwa plans expand ...
<Oct 03, 2019>