An auto manufacturing supplier in LaGrange, Ga. plans a $10 million expansion with 150 new jobs.
Sewon Group Chairman Moon-Ki Kim said Thursday the project at Sewon America Inc. is scheduled to be finished by the end of the year. The plant currently employs about 700 people, and workers provide metal stamping for a variety of automotive parts.
The facility is the largest supplier for Georgia's Kia Motors plant. It also supplies a Hyundai Corp. manufacturing plant in Alabama.
A spokeswoman for the state economic development agency says Sewon stands to recoup $2.7 million of its expansion investment through income tax credits for the new jobs and sales tax exemptions on machinery.
The Korean firmed opened its Georgia facility in 2008 with a $170 million investment.