Top Automotive Deals in the South – Fall 2021

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

Announcements Made in the Fall 2021 Quarter

CompanyJobsInvestmentN/ELocationDescription
1. Rivian7,500$5,000NSocial Circle, Ga.Auto assembly/EV batteries
2. Toyota1,750$1,290NLiberty, N.C.EV batteries
3. Toyota1,400$461EGeorgetown, Ky.Auto assembly
4. Ultium Cells LLC1,300N/AESpring Hill, Tenn.EV batteries
5. Mercedes-Benz600N/AEVance, Ala.Auto assembly
6. Mazda Toyota500N/AEHuntsville, Ala.Auto assembly
7. Toyota450$288EHuntsville, Ala.Engines
8. Dr. Schneider400$22NBaldwyn, Miss.Auto parts
9. NOVONIX300$160NChattanooga, Tenn.EV battery parts
10. Central Wheel145N/AEParis, Ky.Auto parts

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

Sources: RandleReport.com

 

Major Light Vehicle Plants in the Southern Automotive Corridor

Alabama

1. Mercedes-Benz (Vance)

2. Honda (Lincoln)

3. Hyundai (Montgomery)

4. Mazda Toyota (Huntsville)

Georgia

5. Kia (West Point)

Kentucky

6. Toyota (Georgetown)

7. Ford (Louisville)

8. Ford Truck (Louisville)

9. GM (Bowling Green)

Mississippi

10. Nissan (Canton)

11. Toyota (Blue Springs)

Missouri

12. Ford (Kansas City)

13. GM (Wentzville)

South Carolina

14. BMW (Greer)

15. Daimler Vans (Ladson)

16. Volvo (Berkeley County)

Tennessee

17. Nissan (Smyrna)

18. Volkswagen (Chattanooga)

19. GM (Spring Hill)

20. Ford (Blue Oval City – Under construction)

Texas

21. GM (Arlington)

22. Toyota (San Antonio)

Top Automotive Deals in the South – Summer 2021

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

Announcements Made in the Summer 2021 Quarter

CompanyJobsInvestmentN/ELocationDescription
1. Ford Motor5,800$5,600NBlue Oval City, Tenn.Auto assembly/EV batteries
2. Ford Motor5,000$5,800NHardin County, Ky.EV batteries
3. Canoo2,000$400NPryor, Okla.EV auto assembly
4. U.S. Postal1,000$155NSpartanburg, S.C.EV auto assembly
5. NOVONIX300$160NChattanooga, Tenn.EV battery parts
6. Firestone250$50EWhitley C., Ky.Auto parts
7. Edelbrock200N/ANOlive Branch, Miss.Auto parts
8. REHAU150$50ECullman, Ala.Auto parts
9. Sungwoo Hitech117$40NTelford, Tenn.Auto parts
10. Gissing116$18NGreenville Co., S.C.Auto parts

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

Sources: RandleReport.com

 

Top Automotive Deals in the South – Spring 2021

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

Announcements Made in the Spring 2021 Quarter

CompanyJobsInvestmentN/ELocationDescription
1. Mullen Technologies400$336NMemphis, Tenn.Electric vehicles
2. Magna Mirrors300$31NDuncan, S.C.Auto parts
3. Duckyang285$10NJackson Co., Ga.EV parts
4. Eberspaecher214N/ANLouisville, Ky.Auto parts
5. Hyundai TRANSYS150$9EWestpoint, Ga.Auto parts
6. Volkswagen150N/AEChattanooga, Tenn.Auto assembly
7. Stratus Plastics135N/AEMorgantown, Ky.Auto parts
8. STS Group120$39NWythe Co., Ky.Auto parts
9. Toyota100$210EBuffalo, W.Va.Engines
10. Metalsa97N/AEHopkinsville, Ky.Chassis

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

Sources: RandleReport.com

 

December 2021

A city is created in West Tennessee

Ford announced its plans in September to create Blue Oval City at the West Memphis I-40 megasite in Stanton, Tenn. The new “city” includes an investment of nearly $6 billion to make electric vehicles, including a next-generation electric Ford F-Series model. The city will also include, counting suppliers, up to 6,000 new jobs. Over $800 million has been earmarked in incentives for Ford in the deal. Earlier in 2021, Ford announced it had increased its planned EV investment to $30 billion by 2025.

 

Big battery plant in middle Tennessee on schedule

The construction of the Ultium Cells LLC battery plant in Spring Hill, Tenn., is on schedule as of the fall quarter, company officials announced. The 2.8 million-square-foot facility is a joint venture between General Motors and LG Energy Solution. GM operates a large assembly plant in Spring Hill. One of the models that will use the batteries is a new one called the Cadillac Lyriq luxury crossover, Cadillac’s very first all-electric vehicle. The project will create 1,300 new jobs.

 

U.S. automakers beg Biden administration to waive tariffs on components from China

All domestic and foreign automotive OEMs and suppliers have pleaded with the Biden administration to lift tariffs on a wide range of components from China, especially those for electric-car batteries. Many of the components are not made anywhere but in China. One of those products is artificial or natural graphite. Big suppliers with plants in the South, such as Magna and SK Innovation, are asking for respite from tariffs on all the myriad switches, sensors, motors and other parts that go into a vehicle.

 

Automotive manufacturing jobs lead job surge

Manufacturing job growth leaped in October as motor vehicles and parts manufacturers hired almost as many people as all other manufacturing sectors combined. In October, manufacturing added 60,000 jobs of the 531,000 jobs overall as the unemployment rate edged down to 4.6 percent. Automotive added 27,700 jobs as the electric vehicle market is just now really getting its legs under it.

 

Hyundai expects electric vehicle production to start next year

Korean automaker Hyundai will begin EV production on the Genesis GV70 EV at its plant in Montgomery, Ala., beginning in 2022. The assembly of electric vehicles in Alabama will be the first for Korean automakers. The company is also counting on proposed subsidies for electric vehicles produced on U.S. soil.

 

Ford, a union company, settles in West Tennessee

In the fall quarter, Ford announced it will assemble electric vehicles and batteries at a massive site just east of Memphis. The nearly 6,000-job, nearly $6 billion deal with SK Innovation, along with a companion facility in Hardin County in Central Kentucky, will blaze a new trail when it comes to the automotive industry morphing into electric innovation. It remains to be seen if the facilities will become unionized.

 

Is an Amazon-backed electric truck set for the Atlanta area?

While Fort Worth is a finalist for a $5 billion electric truck and SUV factory, it’s looking as if a site east of Atlanta may have the inside track on the big deal. The factory would include a new battery and vehicle assembly plant.

 

Is Toyota eyeing megasite in North Carolina for electric battery plant?

Rumors have it that Japanese automaker Toyota is eyeing the Greensboro-Randolph Megasite for a large electric battery plant to ramp up electric vehicle manufacturing in the U.S. The site is a 1,825-acre site rezoned for heavy industry located near the center of the state. No formal agreement has been reached.

 

Mazda to assemble midsize crossover SUV at new Alabama plant

In the fall quarter, Mazda unveiled the first vehicle it will assemble at the new plant it shares with Toyota. The new model will be called the CX-50 and will join Toyota’s Corolla Cross, a smaller SUV that will also be built at the new plant. The $2.3 billion, 4,000-employee plant will be in full production sometime in 2022.

 

Honda marks 20 years of production at its Alabama plant

In November, Honda marked 20 years of production at its assembly plant in Lincoln, Ala. The plant has expanded numerous times with several different models, mostly light trucks. The Japanese automaker also makes V-6 engines at the $2 billion facility that houses about 4,500 workers.

 

Toyota West Virginia expands assembly plant in Buffalo, W.Va.

Toyota West Virginia plans to invest $240 million to expand its assembly plant and add a dedicated production line of hybrid transaxles in Buffalo. The new investment will allow workers there to diversify their skillset and play a larger role in Toyota’s future producing electric vehicles in North America.

 

Auto products maker establishing East Coast hub near Charlotte, N.C.

Kentucky-based Holley Performance Products, a manufacturer of high-performance automotive products for cars and trucks, will invest $12.3 million to establish its East Coast hub in Mooresville.

 

NOVONIX investing $160 million Chattanooga, Tenn.

Most of the materials used to make batteries for electric vehicles come from Asia, but NOVONIX is about to change that. The company will invest $160 million and hire 300 workers for its new manufacturing facility called “Riverside Recharged” in Chattanooga.

 

BMW Manufacturing expands South Carolina presence with logistics center

BMW Manufacturing is expanding its operations in Spartanburg County with the construction of a new $100 million logistics center. The facility, which will be located on 120 acres, will enhance BMW’s logistics operations supplying parts to the company’s 7-million-square-foot factory in Greer, SC.

 

Dr. Schneider Automotive plans Mississippi operation

Germany-based Dr. Schneider Automotive Systems, a supplier of manufacturing air ventilation systems and window frame trim, plans to establish operations in Baldwyn, Miss. The $22.5 million project is expected to create up to 400 jobs over six years.

 

Nemak expanding in Glasgow, Ky.

Manufacturer Nemak announced it will create 170 well-paying jobs with a $27 million expansion of its Nemak Kentucky operation in Glasgow to support future electric vehicle-related business. Nemak’s investment will support upgrades and new equipment at its facility there.

 

SKC to invest $473 million in semiconductor plant in Georgia

South Korea’s SKC, a maker of plastic films, is set to invest $473 million to locate a semiconductor parts venture at its existing plant in Georgia. SK also is home to SK Innovation, which has invested $2.6 billion to put an electric-vehicle battery plant in Jackson County and plans to ramp up a second plant on the complex as demand grows.

 

Central Motor Wheel of America opens 145-job expansion in Paris, Ky.

Central Motor Wheel of America recently held the grand opening of the expansion of its existing operations in Bourbon County. The automotive wheel manufacturer will add 145 new jobs.

November 2021

Toyota announces $461 million investment in Kentucky plant

Toyota is investing $461 million into its first U.S. plant in Georgetown, Ky., to add new technology, increase production flexibility and reduce its carbon footprint. The announcement does not include new jobs at the central Kentucky facility, but officials said 1,400 temporary jobs would be converted into permanent positions.

 

France-based Plastic Omnium expands in Anderson, S.C.

Plastic Omnium, an automotive equipment provider, will invest more than $17.7 million to expand operations in Anderson. The project is expected to create 76 jobs. The expansion will allow the company to produce bumpers and tailgates for General Motors’ new Lyric electric vehicle.

 

Faurecia to expand operations in Spring Hill, Tenn.

An automotive components manufacturer will expand its operations, creating 171 new jobs in Spring Hill. Faurecia will invest $18 million to expand its existing facility there to increase manufacturing capabilities, specifically the production of door panel assemblies for several major OEMs.

 

Plastikon Industries plans Texas manufacturing center

California-based Plastikon Industries, an automotive manufacturer and supplier of interior components to companies such as Tesla and Toyota, will open a new facility in Kyle, Texas. The $13.6 project is expected to create 200 full-time jobs in the region.

 

Toyota Motor Manufacturing announces new production line for 2022 Tundra engines

Toyota Motor Manufacturing Alabama marked 20 years in Huntsville, Ala., by announcing that two new engines will be built at the Huntsville facility – a hybrid electric-powered twin-turbo V6 and a gas-powered twin-turbo V6, both of which will power the 2022 Toyota Tundra.

 

Mercedes adding hundreds of jobs in Alabama by year’s end

Mercedes-Benz U.S. International (MBUSI) plans to hire several hundred permanent production team members before the end of 2021 to meet growing demand for its vehicles and prepare for new milestones, especially the production of two electric vehicles – the EQS and EQE sport utilities – in 2022. MBUSI is opening an EV battery pack assembly facility on a second Alabama campus in Bibb County.

 

Nissan to upgrade Mississippi and Tennessee plants amid EV push

Japan’s Nissan Motor Company will spend about $700 million at two U.S. manufacturing plants to implement new technologies to make electric vehicles. The investment is part of a $1.2 billion global investment to make the automaker’s global factories more efficient, less polluting and ready to produce next-generation cars such as electric vehicles. The Nissan plants in Canton, Miss., and Smyrna, Tenn., are part of the ramp-up.

 

Tesla headquarters moving to Texas

Tesla will move its headquarters to Austin, Texas, following through on a threat Elon Musk made last year when tensions between the billionaire and California boiled over. Musk announced his decision in October. The shortage of affordable housing and long commute times are among factors limiting how much the company can expand in the San Francisco Bay area it’s called home for 18 years, he said.

October 2021

Two huge Ford Motor deals

Ford Motor and battery supplier SK Innovation have planned to invest over $11 billion at two sites in the South, one in Kentucky and the other in Tennessee. The projects will produce electric vehicles and batteries. The two sites are the Memphis Regional Megasite and the Glendale Megasite in Hardin County, Ky. The Tennessee project will include a 3,600-acre campus, a supplier park, recycling center and a new assembly plant to build F-Series trucks. The two projects are expected to create almost 11,000 full-time jobs and are part of President Joe Biden’s call for companies to onshore supply chains amid the global shortage of semiconductor chips and the logistics backlog that is being experience in the supply chain from foreign countries. The state of Tennessee invested more than $174 million on improvements at the Memphis Regional Megasite. Tens of millions have also been spent on the Glendale Megasite in central Kentucky over the years as well. That site came in second in the Hyundai site search that ended up in Montgomery, Ala., nearly 20 years ago. The joint venture on both sites will be called BlueOvalSK.

Global automotive supplier Auria to expand in South Carolina

Auria Spartanburg has announced that it is expanding its plant in Spartanburg to meet growing demand. The $12 million deal will create 103 new jobs. The company makes flooring, acoustic systems and other parts for a variety of automakers.

Auto parts supplier relocating to Texas site

Vehicle Accessories Inc. plans to relocate 315 manufacturing jobs and its $13.5 million annual payroll from Sunnyvale, Calif., and other locations to Mesquite, Texas. The company plans to combine operations in Sunnyvale, Buffalo (N.Y.), Toronto, Ontario and Magog, Quebec, to the new Mesquite location.  The relocation project will create 315 jobs.

Toyota celebrates 25 years in West Virginia

In the fall quarter, Japanese automaker Toyota celebrated a major milestone— the company has operated in Buffalo, W.Va., for 25 years. The company makes four- and six-cylinder engines there are well as transmissions and hybrid trans-axles.

International automotive manufacturer to open facility in Central Texas

The Greater San Marcos Partnership announced in the fall that Plastikon Industries will open a new factory in Kyle, Texas. The company supplies interior components to companies like Tesla and Toyota. The $13.6 million deal will create 200 jobs.

Toyota again expanding its Alabama engine plant

Japanese automaker Toyota will be the exclusive North American producer of the twin-turbo V6 engine for the 2022 Tundra. The manufacturer said the twin-turbo V6 engine line represents a $288 million investment in Toyota Alabama operations and an added 450 jobs, bringing total employment to 1,800.

REHAU announces another expansion in Cullman, Ala.

German auto supplier REHAU is expanding again in Cullman, Ala. In the summer, REHAU officials said they would spend $50 million at the Alabama plant for new equipment and tooling. REHAU’s largest customer in Alabama is the Mercedes-Benz plant in Tuscaloosa County.

Carvana creating jobs in Oklahoma

Auto retailer Carvana is investing in an inspection and reconditioning center in Oklahoma City that’s expected to bring more than 350 new jobs to the metro.

Auto supplier to establish first U.S. factory in Northeast Tennessee

Sungwoo Hitech America will place its first U.S. factory in Telford, Tenn. The company plans to produce bumpers, rear components, and side framing for a variety of automakers including BMW, Hyundai, Kia and Volkswagen. Approximately 115 jobs will be created.

Audi could build electric vehicles at Volkswagen’s plant in Tennessee.

Audi’s parent company is VW and the chances of the German automaker building EVs in Chattanooga are growing stronger every day. Audi shares the same all-electric architecture as the ID.4 model which it builds in Chattanooga.

September 2021

Could Audi build electric vehicles at VW plant?

German automaker Audi builds it EVs in Germany and Belgium. At some point it will need to build electric vehicles in the U.S. like everyone else, but it is unlikely for Audi to build a whole new plant with a facility in Mexico and its parent company VW already preparing for EV manufacturing. One clue suggests Audi, if it builds EVs in the U.S., would do it at parent company VW’s plant in Chattanooga, Tenn. Audi shares the same all-electric architecture as the ID.4 — VW Group’s MEB platform — which would make production of the Audi Q4 e-tron quite possible in Tennessee.

 

German auto parts supplier expanding again in Cullman, Ala.

German auto supplier REHAU plans to invest $50 million in expanding its plant in Cullman, Ala. The company is a major supplier to the Mercedes-Benz plant in Vance, Ala. REHAU will hire 150 workers in the deal.

 

Martinrea expansion means more than $31 million investment in Kentucky

Martinrea Hopkinsville, a Tier 1 automotive supplier of lightweight structures and propulsion systems, will expand its presence in Christian County, Ky., with an investment of more than $31 million that will create 33 jobs.

 

Sungwoo Hitech locating first U.S. manufacturing operations in Washington County, Tenn.

Sungwoo Hitech will invest $40 million to locate its first U.S. manufacturing operations in Telford, Tenn. The Korean automotive supplier will create 117 new jobs to manufacture metal stamped components — bumpers, rear components and side framing — for customers including General Motors, Hyundai, Kia, Volkswagen and BMW.

 

Another tech company heads to McKinney, Texas

Xcelerate Auto, a fintech company that focuses on electric vehicles, has relocated its headquarters from Frisco, Texas, to McKinney. Xcelerate provides funding support and other products to emerging electric vehicle manufacturers.

 

Amazon-backed Rivian in talks for $5 billion Texas plant

Rivian Automotive, the electric-vehicle startup backed by Amazon, is in talks to invest at least $5 billion to build a factory near Fort Worth. The facility would be able to produce 200,000 vehicles a year and would create at least 7,500 jobs by 2027.

 

$40 million steel plant planned for Madison, Ala.

Three companies are collaborating on a $40 million factory in Madison to supply needed steel components for auto manufacturers. Madison Metal Processing will begin later this year supplying steel blanks – the precursor for automotive surface body parties – for Mazda Toyota Manufacturing in Huntsville, as well as other automotive suppliers. The factory will hire about 40.

 

Diode Dynamics builds HQ in St. Charles, Mo.

Automotive LED lighting manufacturer Diode Dynamics is constructing a 70,000-square-foot headquarters facility on 10 acres in St. Charles. The project is expected to create 36 new jobs and the company will move all of its existing employees from Earth City, Mo.

 

Firestone breaks ground on Kentucky project

A global auto parts supplier has broken ground on a $51 million project adding 250 jobs at a rural Kentucky plant in an expansion tied to auto industry plans to ramp up electric vehicle production. Firestone Industrial Products was joined by state and local officials as construction officially began on the expansion in Williamsburg, Ky. The project is largely geared toward producing air suspension systems for electric vehicles.

August 2021

Global shortage of computer chips has effect on the Southern Auto Corridor

The pandemic has created disruptions in the supply chain, especially the computer chip industry. Experts estimate that automakers in the U.S. will assemble 1 million fewer vehicles because of the dearth of computer chips. This in turn has created inflation in both used and new cars.

 

Amazon-based electric vehicle start-up Rivian announces it will build another assembly plant

In the summer quarter, electric vehicle start-up Rivian said it would build another assembly plant. The company has raised $10.5 billion to date and is currently building its first plant in Illinois.

 

Toyota celebrates 10 millionth Camry at Kentucky plant

Toyota’s first wholly owned vehicle plant in North America, Toyota Motor Manufacturing Kentucky (TMMK) in Georgetown, recently produced its 10 millionth Camry. Toyota also celebrated 35 years of operating the plant.

 

Volkswagen Chattanooga ending sedan assembly to concentrate only on SUVs

Volkswagen is dumping the Passat sedan production at its Tennessee plant. The plant is readying for all SUV production and a massive effort at electrifying all its vehicles in Chattanooga.

 

Kaiser Aluminum relocating HQ to Williamson County, Tenn.

Kaiser Aluminum officials announced that the company will relocate its corporate headquarters from Foothill Ranch, Calif., to Franklin, Tenn. The producer of specialty aluminum products for aerospace, automotive and other industries will invest $3 million and create 80 jobs in Franklin.

 

Auto supplier adding 150 jobs in Elizabethtown, Ky.

Metalsa is hiring to fill at least 150 new positions after expanding its Elizabethtown plant to handle new products for electric vehicles. The Tier 1 auto supplier currently produces frames and other parts for the Ford Expedition, Navigator and F-150. Now, the facility is also going to make frames and battery trays for Ford and RIvian electric vehicles.

 

South Carolina Ports breaks another record

South Carolina Ports celebrates its strongest fiscal year on record for containers handled at the Port of Charleston. SC Ports handled 2.55 million 20-foot equivalent units (TEUs) at Wando Welch Terminal, North Charleston Terminal and Hugh K. Leatherman Terminal in fiscal year 2021 (which ended June 30). Vehicles remained a strong business segment, up 27 percent compared to the prior year.

July 2021

New United States Postal Service vehicle plant in Spartanburg, S.C., to house over 1,000 new jobs

Oshkosh Defense will invest $155 million to locate a plant that will produce the next generation USPS delivery vehicle. The company will assemble zero-emission battery electric vehicles and fuel-efficient low-emission internal combustion engine vehicles that will replace existing USPS delivery trucks. The plant will be built in Spartanburg, S.C., and create more than 1,000 jobs.

 

EV battery maker expands big plant in Chattanooga, Tenn.

NOVONIX, a maker of materials for the batteries used in electric vehicles, announced a nice deal in Chattanooga, Tenn., this summer. The company is investing $160 million and adding almost 300 jobs in the expansion, which will for the most part support Volkswagen’s manufacturing of electric vehicles at its plant in Chattanooga.

 

Big EV automotive deal in rural Oklahoma

It has been reported by more than one media property that a site in Oklahoma came in second for the massive truck plant that Elon Musk and Tesla is locating in Austin near its airport. The second-place prize may be electric car manufacturer Canoo. The startup EV maker announced plans to build a $400 million plant at the MidAmerica Industrial Park, located in Pryor, just East of Tulsa. The deal, as announced, will create 2,000 jobs. The site, a former military base, is unique in that it is over 9,000 acres. Canoo Canoo execs cited Oklahoma’s “energy-forward initiatives” as a major factor in its decision to locate the “mega microfactory.”

 

Big auto parts company expands in Tennessee

Martinrea announced in the summer quarter that it will expand its facilities in Robertson County, Tenn. The auto parts manufacturer will invest $40 million and hire 97 in the deal.

 

Rolls-Royce’s MTU Aiken County, S.C., is expanding

Rolls-Royce’s MTU has announced it will make a $17 million investment in its plant at its MTU Aiken manufacturing facility in Graniteville, S.C. The deal will add 20 new jobs at the plant to remanufacture and overhaul used engines.

 

Graphite products plant to be built in Alabama

Westwater Resources, doing business as Alabama Graphite Products, will build a graphite processing plant in Coosa County, Ala., the company announced this summer. The graphite is used in the making of batteries for electric vehicles. The $80 million project will create 100 new jobs, but the mining of the mineral will result in a $124 million investment in its second phase.

 

KC Logistics invests $12 million in Athens, Ala.

KC Logistics is set to invest $12 million in a new project that will bring around 100 jobs to Athens. The company will transport seats from TBAKI to Mazda Toyota Manufacturing.

 

Flex-N-Gate expansion to create 91 jobs in Rockford, Tenn.

Flex-N-Gate in Rockford will grow its workforce by 91 new jobs. The automotive parts supplier is investing $5.5 million to upgrade and expand its manufacturing facility and increase production of its lighting materials.

 

Volvo invests $118 million to produce electric car in South Carolina

Volvo Cars says the company will invest $118 million into its plant in Ridgeville to build the fully electric Polestar 3 vehicles. The Polestar 3 is the third vehicle scheduled to be built at the South Carolina plant. This expansion brings the total Volvo Cars investment in South Carolina to more than $1.2 billion.

 

New automotive supplier coming to Greenville County, S.C.

A Michigan-based auto supply company, Gissing North America, will bring 116 new jobs and an $18 million dollar investment to Greenville County. The company will produce overhead, interior, exterior and cargo management components.

 

Manufacturer to locate HQ in Olive Branch, Miss.

Edelbrock, a manufacturer of specialty auto parts for the aftermarket, will soon be locating its headquarters in Olive Branch, creating 200 new jobs in the process.

 

Carlotz expanding in Richmond, Va.

CarLotz, the nation’s largest consignment-to-retail used vehicle marketplace, will expand its headquarters in Richmond, creating 192 new jobs.

 

Frauenthal Gnotec announces 82 new jobs for Laurens County, S.C.

Frauenthal Gnotec announced in June it will invest $8.2 million to establish operations in Fountain Inn and expects to create 82 jobs. The Swedish manufacturer of metal components for the automotive industry will expand production into an existing 68,500-square-foot facility there.

 

Seating manufacturer bringing 100 jobs to Franklin, Tenn.

A South Korean manufacturer plans to bring 100 jobs to a new Franklin stamping plant. Daechang Seat Company manufactures metal seat components for Subaru, Hyundai and Kia.

 

Firestone to add 250 jobs in Whitley County, Ky

Firestone Industrial Products plans to create 250 full-time jobs in Williamsburg with a $50 million expansion of its automotive air springs manufacturing plant.