Contributed by the City of Auburn / By David D. Dorton
The Shinhwa Auto USA Corporation announced last week that it will grow its manufacturing operation in Auburn, Alabama, through the addition of high-pressure aluminum die casting and associated post-processing. This substantial investment will enhance Shinhwa’s capabilities in Auburn while maintaining its commitment to highly automated, technology-driven manufacturing.
“Shinhwa has been a great addition to Auburn’s high-tech manufacturing base since they chose Auburn for their first U.S. operation in 2019,” said Auburn Mayor Ron Anders. “We are excited they have decided to invest an additional $70 million and create some 48 jobs over the next two years. This is just another example of the impact a strong, diversified industrial base has on our local economy now and for years to come.”
Shinhwa was founded in 1995 in Changwon, South Korea. The company’s focus on a high level of automation and improvements in areas with a high degree of technological challenges provides important value to its customers in the automotive industry.
“The addition of high-pressure die casting capabilities will allow us to provide additional Made in Alabama components to our client base,” said Daejin Park, president of Shinhwa US Auto Corp. “Thanks to the supportive environment we have experienced here in Auburn, we are able to continue to grow and invest with confidence.”
To learn more about the job opportunities available at Shinhwa Auto USA Corporation, please visit auburnalabama.org/workforce/jobs/#Shinhwa%20Auto.
For more information, contact the city of Auburn’s Economic Development Department at (334) 501-7270 or webecondev@auburnalabama.org.