South Korea-Based Daewon America Expands Opelika, Alabama, Operations

URLhttps://www.areadevelopment.com/newsItems/6-13-202
SourceArea Development
Date Published06/13/2024

Additional Reshoring Information:

Company/Division name Daewon America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):46.2
Country(ies) from which reshored:Korea, South
City reshored to:Opelika
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsuspension bars and coils (auto industry)
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