Bentley joined officials of HS Automotive Alabama, Inc., on Monday to announce
that the company will invest $12 million to expand its facility in Enterprise and add 100 new
jobs for the area.
The company is a Tier I automotive supplier for the Hyundai
plant in Montgomery
produces weather stripping, tubing and automotive high- and low-pressure hoses
for Hyundai as well as Kia and Chrysler.
"HSAA knows what makes Alabama
so successful in economic development: Alabama
has the best employees in the world with a work ethic that is second-to-none,"
Governor Bentley said. "We have a positive business climate, and that
helps companies like HSAA expand and create more new jobs."
This is the second time HSAA has expanded its Enterprise
operations. The company broke ground on its original facility in August
of 2003 and announced its first expansion in 2006.
HSAA has seen tremendous growth over the last several years,
and that continued growth led to the latest expansion announced on
Monday. As part of the expansion, the company will build a 65,000
square-foot manufacturing facility, which will be located in the second phase
of the Yancey Parker Industrial Complex, directly across from HSAA's current
Lieutenant Governor Kay Ivey and House Speaker Mike Hubbard
also participated in Monday's ceremony.
"I am proud to see another Alabama business add good-quality,
high-paying new jobs to help put our people back to work," Lieutenant Governor
Ivey said. "Alabama
has made great strides, particularly in the last two years, to improve the
economic climate so that businesses can develop and grow. HSAA is a solid
economic partner, and I congratulate the company on 10 years of success."
"HS Automotive Alabama, Inc., is a true Alabama success story and serves as proof
that our state continues to be a great place to do business," said Speaker
Hubbard (R-Auburn). "Our pro-business focus and successful efforts to
reduce red tape make it possible for announcements like today, when a business
has not only chosen to call Alabama home but can continue to expand its
investment and create even more jobs for the people of our state."
The company is under the guidance of HSAA President Harry
Kim. In 2004, HSAA had roughly $4 million in sales, and nearly a decade
later, the company is estimating nearly $150 million in sales for 2013.
HSAA already provides work to more than 270 employees in Enterprise.
HSAA in Enterprise is the first facility of Hwaseung Rubber & Automotive to be located in North America.
INFORMATION SOURCE: Governor's Press Office
1720 Valley View Drive