Mercedes-Benz supplier adding $4.195 million Tuscaloosa County facility
Updated 9:48 AM;
Today 8:47 AM
Samvardhana Motherson Peguform (SMP) held the grand opening of its Tuscaloosa County plant Friday, April 27, 2018.
Facebook Share
Mercedes-Benz supplier SMP Automotive Systems Alabama is moving into a third facility in Tuscaloosa County.
The company plans a $4.195 million plant using about 112 employees from Plant 1, including at least four new hires. The new facility will support new and on‐going activities at SMP’s initial plant.
A subsidiary of Samvardhana Motherson Group (SMG), the company built a 700,000‐square foot facility in Tuscaloosa County in 2015 to supply various exterior and interior components for Mercedes models. In 2019, SMP opened a second Tuscaloosa County plant located on Brookwood Parkway. The third facility will be located in an existing building in the Cedar Cove Technology Park, adjacent to Plant 1.
Brad Newman named new president of Shelton State Community College tuscaloosanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tuscaloosanews.com Daily Mail and Mail on Sunday newspapers.
Reply
Obama s New Proposed Regulations On Coal Energy Production Met With Ire Through Kentucky s Coal Country (Getty Images)
BROOKWOOD, AL
net loss of $33.7 million in the fourth quarter of 2020, along with a noticeable dip in production for the full year, but cited its
cash flow position in expressing optimism for the future.
The hit taken by the company in Q4 is compared to a net income of
$20.8 million during the same time period in 2019, with company leadership pointing primarily to the economic downturn of the coronavirus pandemic compounded by disruptive factors in the market.
Subscribe
Warrior Met CEO Walt Scheller said despite the impact had on the Brookwood-based metallurgical coal producer by the pandemic, the company reported positive cash flow in the fourth quarter nearly breaking even for the year.
Visionary industrial park spurs 1,300 new jobs in rural Bibb County, Alabama
By Dawn Azok
March 5, 2021
Gov. Kay Ivey, center, joins Mercedes officials Jason Hoff, left, and Markus Schäfer in turning a shovel at a groundbreaking ceremony for the automaker s battery plant in Bibb County in 2018. (Hal Yeager/Governor s Office)
Bibb County is adding hundreds of jobs, significant capital investment and next-generation automotive industry technology, thanks to the vision of a local timber magnate.
More than a decade ago, Scott Davis began working to build the 564-acre industrial park near Woodstock that now bears his name. What was once hilly forest and hunting land today is home to major corporations that plan to spend $614 million and create nearly 1,300 jobs at the site.
Reply
The company will play a pivotal role in Mercedes-Benz s plans to build electric cars in the future. (Shutterstock)
TUSCALOOSA, AL Alabama Gov. Kay Ivey this announced that her office has awarded a $258,000 Community Development Block Grant to provide infrastructure needed by Schnellecke Logistics Alabama, as it begins work on a new building near the Mercedes-Benz U.S. International automobile plant in Vance.
Click here to subscribe to our daily email newsletters and breaking news alerts delivered to your inbox and mobile devices for free. You can also support local journalism by donating as little as $5 a month to become a supporting member or by downloading our free Patch mobile app.