US Facilities · Auto parts (stamping)
Yorozu to build $100 million stamping plant in Alabama
- Company
- Yorozu (Yorozu America) (Yokohama)
- Project
- New Yorozu metal stamping plant, Jasper, Alabama
- Value
- Over $100M; 300 jobs
- Status
- Announced on October 13, 2015; the plant opened in 2018, reported as a $110M investment.
- Date
- 2015-10-13
Yorozu America said it would build a new metal stamping plant for auto parts in Jasper, Alabama, for more than $100 million, creating 300 jobs. The plant opened in 2018, with the investment then reported as $110 million.
Why it matters
The plant added US capacity for suspension parts as automakers in the southern US increased production.
Sources
Kakehashi M&A News home
