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- July 14, 2016
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Over the last three decades, Alabama has attracted four of the biggest original equipment manufacturers (OEMs) in the world, and following them have been scores of suppliers that have generated thousands of jobs for the state.
While threats to the industry will continue to exist moving into the future – whether in the global market or at home – many experts are certain that the supplier sector in the state will see growth on the horizon.
The BBJ recently caught up with experts, state officials and the companies themselves to learn more about what could lie ahead for the supplier sector.
A growing demand
Hyundai Motor Manufacturing Alabama in Montgomery has the most substantial supplier presence in the state with 62 individual facilities densely populating east central Alabama.
The South Korean-owned automaker also has expansion plans for the future that include a new U.S. assembly plant, for which Alabama is still in contention to land, as we previously reported.