Auburn, Alabama (WTVM) Seohan Auto USA Corporation and Seohan-NTN Driveshaft USA Corporation have announced plans to expand production at their existing facility in the Auburn Industrial Park. Both companies jointly occupy a 240,000+ square foot facility on Teague Court. Once the new production lines are in place, Seohan officials anticipate adding about 75 employees in the next two years. The expansion represents an additional capital investment totaling approximately $16.5 million.
In June 2008, Seohan officials held the grand opening for their new Auburn facility. Both companies are Tier 1 automotive suppliers to Hyundai Motor Manufacturing Alabama and Kia Motors Manufacturing Georgia. The companies produce front axles and rear carrier assemblies for Hyundai's Sonata and SantaFe models and driveshaft assemblies for the SantaFe and KIA's next Sorento model. The expansion is necessary to accommodate additional production capacity for the new Kia plant.
Ik-Soo Kim, President of Seohan Auto USA Corporation and Seohan-NTN Driveshaft USA Corporation commented, "Despite a difficult year in the automotive industry, our business continues to grow. That growth has resulted in the need for us to expand our production capacity and hire additional employees quickly. The success of our business is due in part to Auburn's strong workforce and the support of the City of Auburn and the State of Alabama."
"What an outstanding way to mark the one year anniversary of the grand opening of their facility," said Mayor Bill Ham, Jr. "I would like to congratulate Seohan officials on the announcement of their expansion plans. We look forward to seeing their new production lines up and running."