Birmingham auto parts supplier Kamtek has announced a plan to expand its operations in the city with a new, $80 million manufacturing facility that Kamtek says will create an estimated 120 jobs.
Al.com reports that the proposed 148,000-square-foot Pinson Valley facility would produce aluminum automotive casting parts for major auto manufacturers.
The Birmingham City Council‘s budget and finance and economic development committees discussed the resolution on Monday. Al.com reports that officials plan to recommend that the full council pass the resolution on Tuesday.
Company officials say they hope to choose a developer within two weeks and complete construction by July 1, 2016 before beginning production in 2017.
Since 2008, Kamtek, a division of Magna International, has invested more than $470 million in its current operations. The company employs more than 900 people.
Republished with permission of the Associated Press.