By Jerry Underwood
Made in Alabama
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.
The Birmingham Business Alliance announced Valeo’s plans.
“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.
“This project, in this location, is a win-win for Valeo and for the community.”
The BBA said Valeo will occupy the existing facility on Perimeter Way in Bessemer with the goal of being at full production by the second quarter 2021.
“Valeo is a 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,” he said.
France-based Valeo is one of the world’s top automotive suppliers. Valeo North America has 11 production sites and three development centers, with nearly 5,000 employees, according to the company’s website.
“Automotive manufacturing is a vital part of Jefferson County’s economy that continues to see immense growth annually,” Jefferson County Commissioner Steve Ammons said. “I am excited to see Valeo creating 70 above-average-wage jobs in Bessemer.”
This announcement is another win for Bessemer, which has seen an uptick in projects announced lately.
“We are excited to welcome Valeo North America to the Marvel City of Bessemer,” Bessemer Mayor Kenneth Gulley said. “Valeo North America is expanding our city’s growing industrial roster and bringing expanded opportunity for residents of Bessemer and surrounding areas.”
The BBA worked with the Alabama Department of Commerce, Jefferson County and the city of Bessemer to negotiate an incentives package for the company, said Jeff Traywick, vice president of economic development at the BBA.
“The attraction of this investment from Valeo North America is testament of the favorable business environment in Bessemer and the partnership that exists between our local and state governments to bring quality jobs and capital investment to the region,” Traywick said.
In November, auto supplier Mobis announced plans to open a $15.8 million facility in Jefferson County, creating 120 jobs.
This story originally appeared on the Alabama Department of Commerce’s Made in Alabama website.