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Auto parts supplier Valeo expanding to Bessemer with $5 million facility, creating 70 jobs
Updated Jan 26, 2021;
Valeo will be occupying an existing facility on Perimeter Way in Bessemer early this year and is expected to be at full production by June, the alliance said.
“Valeo is world-class auto supplier and a superb addition to the auto industry supply chain network spreading across the state,” said Greg Canfield, secretary of the Alabama Department of Commerce. “Valeo’s decision to locate a facility in Bessemer positions the company for long-term growth, and we are committed to helping them build a future there.”
An enticing incentives package created by the Birmingham Business Alliance, the Alabama Department of Commerce, Jefferson County and the City of Bessemer led Valeo to expand into Bessemer, the alliance said.
Auto supplier Valeo plans manufacturing site in Alabama with 70 jobs
By Jerry Underwood
France-based Valeo is one of the world s largest auto suppliers. (contributed)
Automotive supplier Valeo North America announced that it will invest $5 million in a facility in Jefferson County, creating 70 jobs and providing another boost to the Birmingham region’s presence in the auto manufacturing industry.
“Valeo North America is pleased to announce the opening of a new facility in Bessemer,” the Valeo North America management team said in a statement. “The city of Bessemer, the Birmingham Business Alliance and the state of Alabama demonstrated an attractive business-friendly, pro-jobs attitude.