MOBIS Strengthens Region’s Status as a Key Automotive Hub
by Greta Locke, Wednesday, October 2, 2024, MontgomeryChamber.com
Montgomery, Alabama, October 2, 2024 —MOBIS broke ground on its latest expansion project in Montgomery, Alabama, marking a significant milestone for the region’s automotive industry. The new $52 million, 460,000-square-foot facility will serve the aftermarket parts needs for both Hyundai and Kia’s national dealer networks. This expansion will not only boost local employment but also solidify Montgomery’s position as a key player in the automotive sector. Today, Graham & Co. Development, in partnership with Cooper Construction, FIVESOUTH Architecture, Graham Capital, and the Montgomery Chamber, hosted a groundbreaking event to celebrate the commencement of MOBIS’S expansion. Our capital city’s economic development efforts, supported by key partners like MOBIS, continue to drive our community’s growth and success. We are proud to see MOBIS’s continued confidence in our community, which will generate further investment and employment in the region.
Today’s event featured an impressive lineup of speakers, including state and local leaders, elected officials, and distinguished guests, all of whom emphasized the importance of the expansion and its impact on the community. Speakers included: President & Chief Development Officer of Graham & Co. Development, Henry V. Graham II; Alabama Secretary of Commerce, Ellen McNair; Montgomery Mayor, Steven L. Reed; Montgomery County Commission Chairman, Doug Singleton and Chairman-Elect of the Montgomery Area Chamber of Commerce, Stacia Robinson.
“Investment by existing industries is the highest compliment we can receive, and MOBIS has demonstrated its commitment by reinvesting in this facility. Over the past 20 years, partnerships and relationships have been the foundation of our success. Connecting and supporting our existing industries ensures they continue to grow and thrive. To the City of Montgomery, Montgomery County Commission, and the State of Alabama—we extend our heartfelt thanks. It takes strong partnerships to create opportunities, and together, we are making that possible.” — Anna Buckalew, President & CEO of the Montgomery Area Chamber of Commerce
Key Highlights:
- Capital Investment: $52 million.
- Facility Size: 460,000 square feet.
- New Job Creation: 27 additional jobs, with an average wage of over $28 per hour.
- Total Hyundai MOBIS Capital Investment in Montgomery since 2002: $475 million.
- Total Current Employment: Over 1,500 employees.
Photos from today’s event: https://flic.kr/s/aHBqjBKZAL
About MOBIS
MOBIS, the largest Tier 1 supplier to both Hyundai Motor Manufacturing Alabama (HMMA) and KIA Motor Manufacturing Georgia (KMMG), has been an integral part of the Montgomery business community since 2002. With a cumulative investment of nearly half a billion dollars and a workforce of over 1,500 employees, MOBIS plays a crucial role in the local economy and continues to be a driving force in advancing the region’s automotive capabilities.
ABOUT THE MONTGOMERY AREA CHAMBER OF COMMERCE
With a mission to drive economic prosperity and build a greater life for all in the capital region, the Montgomery Area Chamber of Commerce is a full-spectrum economic development public/private partnership representing 1,600 businesses and organizations with over 90,000 employees throughout Central Alabama.