South Korea's Kamtec Invests $9.2 Million to Open First Factory in the U.S.

en.Wedoany.com Reported - South Korean automotive supplier Kamtec Auto USA has announced plans to establish its first U.S. manufacturing facility in Auburn, Alabama. The project, with an estimated investment of $9.2 million, will provide advanced technology components for engine control and electrical management in hybrid vehicles, and is expected to create approximately 50 jobs over the next three years.

Kamtec will initially operate from a leased facility in Auburn before relocating to a new manufacturing plant planned by Seohan Auto USA. Founded in 2001, Kamtec is an affiliate of the Seoul-based Seohan Group, which has been operating in Auburn since 2007.

"This is a win for Alabama and demonstrates how the state's automakers create opportunities for communities by attracting follow-up investments from suppliers," said Alabama Secretary of Commerce Ellen McNair. Kamtec Auto USA President Chang-Yeong Seo noted that Auburn's proximity to Hyundai Motor's plant in Montgomery and Kia Motors' plant in West Point, Georgia, will help the company localize production and supply. Seo added that the company looks forward to collaborating with Auburn University to recruit talent for technical positions and thanked local government for its support, with the goal of promoting balanced and sustainable development for customers, partners, employees, and the operating community.

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