March 2019

For real-time news on business, politics and economic development in the South, go to www.RandleReport.com. For all economic development projects announced in the South, go to www.SB-D.com.

If President Trump imposes tariffs on cars and car parts from Asia and Europe, it won’t be pretty
By Michael Randle

President Trump and, I suppose, some in his administration, such as Vice President Mike Pence, have threatened to impose tariffs of up to 25 percent on millions of imported cars and auto parts. This would add thousands of dollars to vehicle costs in the U.S. The global economy is not in the best shape currently, with several industrialized nations in a recession now.

What is the effect of these tariffs? Less is sold and what is sold costs more. They would also lead to plant closures and relocations to Mexico. The automotive industry is in its worst shape since 2012 as we’ve seen GM announce it is closing several North American plants.

Few understand the width and the depth of the auto industry in the South and in the U.S. It is by far the largest industry in the South (go to SouthernAutoCorridor.com) and has been for more than 25 years. In those 25 years, the Southern Auto Corridor has captured more than 85 percent of all new assembly plants announced in the U.S.

The automotive sector has led all other sectors in project activity meeting or exceeding 200 jobs in 23 of those 25 years in the 15-state region. Yet, last year, it did not, showing its worst performance in project activity since 2011 in the South. Fact is, Japanese automakers employ over 1.5 million people in the U.S., and two German automakers — BMW in South Carolina and Mercedes-Benz in Alabama — have fundamentally changed those state economies. Automotive is, without question, the most important industry in the South.

If the prospective tariffs are implemented, the supply chain (which has been 25 years in the making) to automakers in the South and the thousands of part makers that supply them, would take years to recreate. Inexpensive parts from foreign sources are an integral part of the manufacturing process. In short, if the tariffs are implemented, the result would not be pretty for automakers in the South.

Several of the recessions over the decades in the U.S. were caused by the collapse of the automotive industry or the housing industry, and both of those industries have also been responsible for lifting an economy out of a recession. I am very sure that the automotive industry led this country out of the recession in 2010 to 2017. Now automotive is slowing, and it is facing a death march with these tariffs. If he tariffs on foreign parts and vehicles are implemented, the U.S. will be in a recession within a year.

Alabama exports down for 2018
While Alabama exports topped $21 billion for the second consecutive year in 2018, exports of Alabama-made vehicles were down 9 percent from 2017. The state did see higher exports in chemicals, paper products and aerospace parts. Alabama exports to China dropped 14.8 percent. Germany was down 14 percent and Mexico was down 12 percent.

New report shows Volkswagen supports thousands of jobs in Tennessee
A report by Ernst & Young showed that Volkswagen’s plant in Chattanooga supports 16,400 jobs in Tennessee. The report also showed that $73.8 million in state and local taxes were generated by the VW plant and its suppliers in the state in 2017.

Kia begins export of new Georgia-built SUV
Georgia Port officials and executives with Kia Motors Manufacturing Georgia (KMMG) celebrated in February the first exports of the new eight-person SUV called the Telluride. The Telluride is a new model being built at Kia’s plant in West Point, Ga. The SUVs were being shipped from the Port of Brunswick to ports around the Arabian Peninsula.

Volvo begins exports of model made in South Carolina
Sweden-based, Chinese-owned Volvo has begun exports of its S60 model sedan made near Charleston in Ridgeville, S.C. The automaker expects to build 50,000 S60s at its plant this year with plans to export about half through the Port of Charleston to 93 countries. The South Carolina-made vehicle will not be exported to China amid trade battles between the U.S. and China.

Expansion work nearly completed at Montgomery, Ala., Hyundai plant
Work is well underway for Hyundai’s engine head machining plant along with other improvements at Hyundai’s massive auto assembly plant in Montgomery, Ala. Hyundai is investing $388 million on the expansion. The engine plant will be able to support 700,000 engines per year for Sonata and Santa Fe models that are built in Montgomery and at the Kia plant in West Point, Ga. The new facility will be operational in May.

Nokian to begin hiring at Tennessee tire plant
Finnish tire maker Nokian, which is on target to complete construction of its $360 million plant later this year, said it plans to hire up to 50 production employees during the first quarter of 2019.

Auto supplier announces $11.4 million Middle Tennessee investment
Togo North America will invest $11.4 million to establish a production facility in Robertson County, where it plans to create 58 jobs over the next five years. The Japan-based company makes automotive parts ranging from hose clamps to various springs.

QM Group expanding in Orangeburg County, S.C.
Quality Model (or QM) is expanding its plastic injection molding operations in Orangeburg, where it makes products for the automotive industry among others. The move will create 37 new jobs and a $9.5 million investment.

PPG invests $10 million in Greenville, S.C.
PPG will invest $10 million in a new 82,000-square-foot facility and class A paint line at its coatings services facility in Greenville. The expansion is designed to accommodate increased demand for class A coatings application and value-added services for the automotive and large truck markets.

German firm building headquarters in Tuscaloosa, Ala.
A German firm is opening its new North American headquarters in Alabama. SWJ Technology, which provides engineering services to Mercedes-Benz and its suppliers, will invest $1.5 million to build a new 5,000-square-foot facility in the Alberta community of Tuscaloosa that was devastated by a tornado in April 2011. The firm was awarded $200,000 through a federal grant program designed to bolster areas that have yet to recover from the tornado. According to SWJ President Wolfgang Kneer, the grant was a major factor in selecting Tuscaloosa over Chattanooga and Greenville as the central hub of its U.S. and Mexican operations.

VP Racing Fuels opens operations center in Huntingdon, Tenn.
VP Racing Fuels, a race fuel manufacturer and distributor, will invest $4.6 million to locate a new operations complex in Huntingdon. The project is expected to create 40 jobs in Carroll County.

Arconic investing $110 million at its Tennessee facilities
Arconic is investing $100 million to expand its facility in Alcoa, Tenn., in a project that will bring 70 new jobs to the area. Arconic plans to get out of the aluminum can sheet business and ramp up industrial and automotive aluminum products.

Mercedes-Benz Vans hiring for third shift in South Carolina
Mercedes-Benz Vans has begun hiring for a third shift, with a goal of adding 200 to bring its headcount to 1,300 workers by 2020 to build the new Sprinter vans. The German automaker invested $500 million in 2015 to expand its existing reassembly site in Ladson to a full-scale manufacturing operation.

Muncie Power Products relocates in Tulsa, Okla.
Muncie Power Products is currently located in Tulsa, but its growing operation has led to the decision to build a new facility and expand the company in North Tulsa’s Peoria-Mohawk Business Park – a $50 million investment. Muncie makes power take-offs and fluid power components for the work truck industry.

German software company plans first U.S. office in Greenville, S.C.
Valantic, a Germany-based software developer for the automotive industry, plans to locate new operations in Greenville County.

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February 2019

For real-time news on business, politics and economic development in the South, go to www.RandleReport.com. For all economic development projects announced in the South, go to www.SB-D.com.

Manufacturing adding more jobs than any year in the last 30 years
The manufacturing industry posted net job gains of 284,000 in calendar year 2018. That is the largest increase since 1997. In December, the manufacturing sector added 32,000 jobs. Most of the gains were in durable goods, such as machinery, furniture, automotive and aerospace. The nation created a net gain of 207,000 manufacturing jobs in 2017.

It’s not just automobiles Alabama makes; the state made almost 1.6 million engines in 2018
Mazda and Toyota are building their joint plant in Huntsville, the latest automotive plant to announce a facility in the state. Soon Mazda and Toyota will join Honda, Hyundai and Mercedes-Benz, making Alabama the only U.S. state to be home to four foreign-owned assembly plants. In addition, Alabama workers built almost 1.6 million engines in calendar year 2018. Toyota’s engine plant in Huntsville led the way with 630,000 engines built. Hyundai’s plant in Montgomery produced 597,000 engines and Honda’s plant in Talladega County produced 356,000 engines.

U.S. industry groups send appeal to Trump to end U.S. metals tariffs
Four dozen U.S.-based industry groups sent a letter of appeal to the Trump administration in January asking to put an end to the steep U.S. tariffs on imported steel and aluminum. The appeal centered on the metal tariffs creating economic hardship for those who use imported metal for final assembly of a variety of products, including automotive and aerospace. The industries are also suffering from the retaliation of tariffs by Mexico, European nations and China.

Auto supplier to set up shop in South Carolina
Fuyao North America is investing $16 million in a facility in Fountain Inn, S.C. The company, which makes automotive glass, will hire 70 in the deal.

GM unveils new Cadillac SUV being built in Tennessee
General Motors, which recently announced the closure of five North American factories, unveiled the 2020 Cadillac XTC, which will be assembled at its plant in Spring Hill, Tenn. GM invested $300 million in its Tennessee facility to create a line for the XTC and has invested more than $2 billion in the plant since 2010. The Spring Hill facility is GM’s largest, encompassing 7.1 million square feet.

Volkswagen to assemble electric vehicles at its Tennessee plant
German automaker Volkswagen has chosen its Chattanooga plant for the company’s first electric vehicle facility in North America. VW will invest $800 million to retrofit the plant for electric vehicle production. The first EVs are expected to roll out of the plant in 2022. About 1,000 jobs are being generated in the expansion.

Exports of U.S.-made German vehicles drops significantly
There are four German automotive plants in the U.S., and they are all located in the South. Mercedes-Benz operates plants in Alabama and South Carolina, BMW’s largest plant worldwide is in South Carolina, and Volkswagen operates a large plant in Tennessee. The German automakers count on exports to China and Europe. Last year, German automakers produced 750,000 vehicles in the Southern Auto Corridor, of which 56 percent were exported to Europe and China. However, as a result of tariffs, exports to China fell by 37 percent in 2018, dropping from 150,000 vehicles to 95,000.

Toyota plant in Texas flying high with Tacoma sales
Toyota saw U.S. sales of its San Antonio-made Tacoma pickup truck increase 24 percent from 2017 to 2018. By comparison, sales of the Tundra model, which is also built at the Texas plant, increased only 1.7 percent year-over-year. The Tundra is a larger model than the Tacoma.

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January 2019

For real-time news on business, politics and economic development in the South, go to www.RandleReport.com. For all economic development projects announced in the South, go to www.SB-D.com.

Southern Auto Corridor only U.S. region to gain auto jobs
Since the first quarter of 2001 to the first quarter of 2018, the 15-state American South was the only region to gain jobs tied to the automotive industry. Michigan has lost the most jobs of any state since 2001, with a net loss of 125,000 jobs, according to an Axios analysis of federal jobs data provided by the Bureau of Labor Statistics. With a net gain of over 25,000, Alabama has gained the most jobs of any other state, followed by South Carolina, Tennessee, Georgia, Kentucky and Texas. Overall, the South has gained 17 percent of its automotive jobs since 2001.

Regional job growth in auto industries 2001-2018

South+17%
West-21%
Midwest-29%
Northeast-47%

Source: Axios and the Bureau of Labor Statistics

Manufacturing posts best job-gain year since 1997
The nation’s manufacturing sector posted a net job gain of 284,000 in calendar year 2018, the best year since 1997. Manufacturing added 207,000 jobs in 2017. The gains are being made because the U.S. is much more competitive for manufacturers than at any time in decades, much of that stemming from energy savings from the natural gas fracking frenzy. Most of the jobs created in manufacturing in 2018 came from the metals and electronics products industry sectors.

Auto supplier sets up shop in Berkeley County, S.C.
VTL Precision, a manufacturer of engine and transmission parts for the automotive industry, is investing $8 million in a new plant in Berkeley County, S.C., and is projected to create 10 new jobs.

Manufacturer with Turkish ties plans Louisiana factory
Advanced Sinter Metal Technologies (known as ASMT) will bring 15 jobs at first, but could eventually bring 43, to St. Tammany Parish. The company manufactures components for electronic equipment for the automotive and other industries using a process called sintering, in which small metal particles are formed into shapes using intense heat.

Marangoni Tread North America announces Tennessee expansion
Marangoni Tread North America, a retread products supplier, announced it had begun expanding its tread manufacturing plant in Madison, Tenn. The company did not provide specific details about the expansion, but did say they would be expanding their workforce at the plant by 10 percent.

DENSO opens new plant in Maryville, Tenn., adding 1,000 jobs
DENSO, a global manufacturer of automotive components, celebrated the grand opening of a new production facility in Tennessee. The plant will produce advanced systems to help automakers transition to electric and autonomous vehicles, and is expected to support 1,000 new manufacturing jobs when fully operational.

Kobelco Aluminum Products & Extrusions expands Bowling Green plant
Less than two years after opening its plant, Japan-based automotive parts manufacturer Kobelco Aluminum Products & Extrusions will expand with a $42 million investment in Bowling Green, Ky. The project will add 90 employees, bringing its total planned employment to 220, and overall investment to $95 million in the state. The plant manufactures aluminum bumper and sub-frame materials.

Bridgestone plans Tennessee plant expansion
Bridgestone Americas Tire Operations plans to expand its Warren County, Tenn., production plant as part of a three-year, $40 million project. A business unit of Bridgestone Americas Inc., BATO will add another 32,000 square feet to the commercial truck and bus radial tire manufacturing facility.

HIROTEC to invest $40 million in Tennessee
Automotive supplier HIROTEC America announced that it will construct a new manufacturing facility in Fayetteville. The member of Japan-based HIROTEC Group will invest around $40 million and create more than 100 jobs in Lincoln County over the next three years. The plant will be operational in the third quarter of 2020.

Automotive speaker maker to expand in El Paso
Dozens of new jobs will soon come to El Paso, Texas as a global automotive speaker manufacturer expands its local operations. Foster Electric is investing $4.2 million in the community, retaining 32 employees and creating an additional 40 full-time jobs.

Mercedes-Benz spending $23 billion on battery cells
As the automaker continues to build an electric battery plant in Bibb County near its Vance factory, Daimler announced it is spending $23 billion on battery cells. Dieter Zetsche, head of Mercedes-Benz Cars, said the company’s “electric offensive continues to gain momentum.” The battery cell purchase means the company is “systematically pushing forward with the transformation into the electric future of our company.”

Gaston County, N.C., lands 500-job call center
Charlotte-based Sonic Automotive will open a customer contact center in Gaston County, creating 500 jobs and making it the county’s largest office project. Sonic Automotive, one of the largest automotive retailers in the United States, will make an $11.2 million investment in Lowell to establish the center.

Indian manufacturer expanding in Dorchester County, S.C.
Indian manufacturer and supplier Sundaram-Clayton Limited has announced it’s investing $40 million into its facility in the Ridgeville area. The expansion is expected to generate 100 new positions at the facility, which provides aluminium and magnesium castings for the automotive industry.

Metal fabricator building plant in Berkeley County, S.C., creating 600 jobs
A Michigan-based manufacturer of metal fabrications plans to create at least 600 jobs by setting up operations in Berkeley County. W International recently made the $35.2 million announcement, previously known as “Project Whiskey.” At its new facility — an existing 451,000-square-foot plant — the company will support U.S. defense shipbuilding, as well as the aerospace, automotive and commercial business industries.

Check-Mate Industries creating 230 jobs in Georgia
A tool and die, metal stamping and assemblies manufacturer is moving its headquarters from New York state to Thomasville, investing more than $16 million and creating 230 jobs. Check-Mate Industries will operate in the former Caterpillar plant to serve customers in a range of industries from aircraft and automotive to medical, cosmetic and art and communications.

Advanced Plating creating 200 new jobs in Tennessee
Advanced Plating will expand its Middle Tennessee operations by locating a new facility in Portland. The electroplating manufacturer will create 200 jobs and invest approximately $4 million in Sumner County. The company provides electroplating services for the automotive, architectural fixtures and musical instrument industries.

Czech auto supplier locating in Spartanburg, S.C.
A Czech producer of metal parts for the automotive industry is locating its new operations in Spartanburg County. KV Final is investing $2.5 million and will create 50 new jobs.

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Top Automotive Deals in the South – Fall2018

The Southern Auto Corridor’s 10 Largest New and Expanded Manufacturing and Selected Non-Manufacturing Job Announcements

Announcements made in the Fall 2018 Quarter

CompanyJobsInvestmentN/ELocationDescription
1. SK Innovation2,000$1,670NJackson Co., Ga.Lithium-ion Batteries
2. Advance Auto Parts600N/ARRaleigh, N.C.Headquarters
3. Sonic Automotive500$11NGaston Co., N.C.Auto Parts
4. DRAXLMAIER460$42EDuncan, S.C.Auto Parts
5. Metalsa250N/AEElizabethtown, Ky.Auto Parts
6. Eissmann Group200$14ESt. Clair Co., Ala.Auto Parts
7. Toyo Tire150$138EBartow Co., Ga.Tires
8. Fuel Total Systems150$60NMaury Co., Tenn.Auto Parts
9. SEWON America100$160ELaGrange, Ga.Auto Parts
10. Sundaram-Clayton100$40ERidgeville, S.C.Auto Parts

($Inv. = Investment in millions – N=New; E=Expansion; R=Relocation)

Sources: RandleReport.com

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Top Automotive Deals in the South – Summer 2018

The Southern Auto Corridor’s 10 Largest New and Expanded Manufacturing and Selected Non-Manufacturing Job Announcements

Announcements made in the Summer 2018 Quarter

CompanyJobsInvestmentN/ELocationDescription
1. Lear500N/AETuscaloosa, Ala.Auto Parts
2. Oshkosh300N/ANJefferson City, Tenn.Truck Assembly
3. Webasto183$15ELexington, Ky.Auto Parts
4. Faurecia143$30NMaury County, Tenn.Auto Parts
5. Lohr140N/ANLincoln, Ala.Car Carriers
6. Nisshinbo100$72ECovington, Ga.Auto Parts
7. JTEKT100$5EGreenville, S.C.Headquarters
8. Michelin 100N/AEStarr, S.C.Tires
9. Unipres Alabama70$40ESt. Clair Co., Ala.Auto Parts
10. U.S. Tsubaki70$35EPortland, Tenn.Auto Parts

($Inv. = Investment in millions – N=New; E=Expansion; R=Relocation)

Sources: RandleReport.com

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December 2018

For real-time news on business, politics and economic development in the South, go to www.RandleReport.com. For all economic development projects announced in the South, go to www.SB-D.com.

Korean battery maker to locate plant in Georgia that will house 2,000

BMW starts production of X7 at South Carolina plant

Volvo is reducing it employment count at new South Carolina plant because of tariffs

Mazda Toyota Manufacturing breaks ground on North Alabama plant

BMW ponders a new engine plant in North America

Hyundai considers significant upgrade of its plant in Montgomery, Ala.

Ford eliminates shift in Louisville; those 500 workers will move to truck plant

Bosch to spend $45 million on South Carolina operations

Toyo Tire expands Georgia plant

India-based auto supplier expanding in South Carolina

Advance Auto Parts relocating HQ to Raleigh

Exports of South Carolina-made BMWs keeps dropping

Louisiana lands big chemical plant

Swedish auto supplier picks South Carolina for first U.S. plant

New Flyer opens $25 million plant expansion in Anniston, Ala.

Smyrna’s Nissan plant approved for $158 million in upgrades

Bridgestone announces $40 million Tennessee expansion

Truform Manufacturing expands Dickson, Tenn., operations

Hwashin Investing $26 million in Alabama expansion

South Korean auto supplier planning $5 million expansion in Alabama

Fuel Total Systems chooses Mount Pleasant, Tenn., for manufacturing plant

December 2018

For real-time news on business, politics and economic development in the South, go to www.RandleReport.com. For all economic development projects announced in the South, go to www.SB-D.com.

Korean battery maker to locate plant in Georgia that will house 2,000
SK Innovation, a lithium-ion batteries manufacturer is investing $1.67 billion in a new project in Jackson County, Ga. The batteries are used in hybrid electric vehicles. The project will create 2,000 jobs.

BMW starts production of X7 at South Carolina plant
German automaker BMW is now building the X7 Sports Activity Vehicle. It is being assembled on the same line as the X5 and X6 models. The groundwork for the new model came when BMW announced in 2014 it would invest $1 billion at its plant in Spartanburg County. The company built a new 1.2 million-square-foot body shop that houses over 2,000 new robots. BMW produces about 1,400 vehicles a day at the plant with 70 percent of them exported to over 140 global markets.

Volvo is reducing it employment count at new South Carolina plant because of tariffs
Volvo global CEO Hakan Samuelsson told USA Today in late November that the company is reducing its hiring at its new $1.1 billion assembly plant in Berkeley County, S.C., due to President Trump’s trade war with China. Volvo picked South Carolina in 2015 for its first U.S. plant, and the facility opened for full production of the S60 sedan in the summer. In retaliation for tariffs from Trump, China hiked U.S. vehicle import tariffs from 25 to 40 percent. Volvo planned to export a large number of South Carolina-made Volvos to China. The company also planned to hire 1,500 by the end of this year and up to 4,000 when the Chinese-owned Swedish brand started another line for a SUV. The CEO did not say how many jobs will be reduced at the plant.

Mazda Toyota Manufacturing breaks ground on North Alabama plant
On November 16, 2018, Mazda Toyota Manufacturing USA broke ground on its $1.6 billion, 4,000-employee plant in Huntsville, Ala., and Limestone County. Fittingly, an automotive assembly line robot turned the first shovel of dirt. The plant will feature two lines, with one assembling the Toyota Corolla model and another building a new Mazda crossover SUV.

BMW ponders a new engine plant in North America
BMW is considering building a second plant in the U.S. The German automaker is studying whether to build an engine plant to support its largest plant worldwide, which is located in Spartanburg County, S.C. The company is also about to open a plant in Mexico. Currently, BMW imports its engines from Europe to its U.S. plant. BMW officials have been discussing the new plant for several years.

Hyundai considers significant upgrade of its plant in Montgomery, Ala.
Hyundai CEO Wonhee Lee told Automotive News in the fall quarter that the Korean automaker may soon make a significant investment in its plant in Montgomery, Ala. The company is considering adding two more lines to the plant, one for an SUV and one for a new pickup truck. Hyundai assembles two sedans and one SUV at the facility.

Ford eliminates shift in Louisville; those 500 workers will move to truck plant
Ford Motor Co. is eliminating the “C shift” (nights and weekends) at its Louisville Assembly Plant where it assembles the Escape model. The company will move 500 workers from the Louisville Assembly Plant to the Kentucky Truck Plant, which is also located in Louisville. The truck plant makes the Expedition and Lincoln Navigator models, as well as the F-Series Super Duty pickups.

Bosch to spend $45 million on South Carolina operations
Auto parts supplier Bosch is investing $45 million in its Anderson County, S.C., operations. No new jobs will be created at the plant where 1,200 are currently housed.

Toyo Tire expands Georgia plant
Japan-based Toyo Tire is investing $138 million in its tire plant in Bartow County, Ga. The company will also add 150 jobs to increase workers housed at the plant to 2,100. The expansion will add capacity to produce over 13 million passenger car tires per year.

India-based auto supplier expanding in South Carolina
Sundaram-Clayton Limited, a manufacturer of aluminum casting products for Mercedes-Benz Vans near Charleston, S.C., is expanding it campus in Ridgeville, S.C. The company will invest $40 million and hire 100 in the deal.

Advance Auto Parts relocating HQ to Raleigh
Advance Auto Parts announced in November it is relocating its headquarters from Roanoke, Va., to Raleigh, N.C. The company, which cited Raleigh’s tech-savvy workforce, is expected to hire 600 in the move.

Exports of South Carolina-made BMWs keeps dropping
Exports of BMWs made in Spartanburg County, S.C., continue to drop as tariffs put a bite into the German automaker. As a result, BMW officials plan to move more production of the company’s SUVs to its plant in China. It already makes the X3 there and might move production of the X5 model to its China plant. In October, BMW sent 13,702 vehicles to foreign markets through the Port of Charleston. That’s a 16 percent drop from the same month a year ago and the fourth consecutive monthly decline of exported vehicles. BMW officials have publicly stated that the U.S.-China trade war will cost the company $344 million this year.

Louisiana lands big chemical plant
Wanhua Chemical will invest $1.25 billion in a chemical manufacturing facility in St. James Parish, La. The plant will produce methylene diphenyl doisocyanate that is used to produce elastomers and foams that are then used in a variety of applications, including automotive parts and appliances. The deal will create 170 new jobs.

Swedish auto supplier picks South Carolina for first U.S. plant
Gnotec Group is investing $5.9 million to locate a plant in Orangeburg County, S.C. The deal will create 78 jobs specializing in the engineering and manufacturing of metal components for automotive and commercial vehicles’ body-in-white and chassis structures.

New Flyer opens $25 million plant expansion in Anniston, Ala.
New Flyer of America, North America’s largest transit bus manufacturer, has cut the ribbon on a $25 million renovation and expansion of its Anniston factory. It was the culmination of $50 million in improvements to the facility over the past two years, which now employs 750. New Flyer manufactures battery-electric transit buses.

Smyrna’s Nissan plant approved for $158 million in upgrades
Nissan’s Smyrna factory will continue to hire for a workforce of 8,400 and to make improvements to the plant. The automaker obtained authorization in November from the Rutherford County Industrial Development Board for two bonds totaling $158.1 million. The money will be used for upgrades including new machinery and equipment.

Bridgestone announces $40 million Tennessee expansion
On November 16, tire manufacturer Bridgestone announced a $40 million expansion of its Tennessee truck and bus tire facility. Bridgestone plans to add 32,000 square feet of manufacturing space and invest in new equipment at the plant in Morrison, Tenn., which would increase production capacity to 9,400 tires per day by the end of 2020.

Truform Manufacturing expands Dickson, Tenn., operations
Truform Manufacturing, an automotive and appliance supplier, will invest approximately $14 million to expand its operations in Dickson. The company plans to create nearly 90 jobs over the next five years.

Hwashin Investing $26 million in Alabama expansion
Auto supplier Hwashin America Corp. will expand its Greenville, Ala., manufacturing operation with a $26 million investment in new equipment and 50 new jobs. The company, which produces body components for Hyundai’s Alabama auto assembly plant, has been in expansion mode since arriving in Butler County in 2003.

South Korean auto supplier planning $5 million expansion in Alabama
A South Korean auto supplier operating in Tallapoosa County, Ala., is planning a $5 million expansion project at its manufacturing facility in Alexander City. C&J will expand a former Russell Corp. garment facility by 75,000 square feet. The company supplies automakers such as Hyundai, Nissan, Kia, Toyota and Honda with plastic molding. The investment is expected to add another 100 jobs to the facility’s staff of 300.

Fuel Total Systems chooses Mount Pleasant, Tenn., for manufacturing plant
Fuel Total Systems (FTS), a manufacturer of automotive plastic fuel tank systems, will locate its new manufacturing facility in Mount Pleasant. The manufacturer will create 150 new jobs and invest approximately $60.9 million in Maury County. FTS is based in Japan and also has operations in Kentucky.

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