Green auto supplier announces $10 million Auburn project, to hire 90
An automotive supplier making carbon canisters for gasoline and hybrid vehicles is coming to Auburn’s Technology Park South.
Korea Fuel Tech America is planning to renovate an existing building in the park, pumping more than $10 million into the project and hiring 90, according to the City of Auburn.
Korea Fuel Tech, based in Anseong, South Korea, makes automotive parts for Hyundai, Kia, GM, Volkswagen and Porsche.
The company’s Auburn operation will include injection molding and assembly manufacturing processes, according to a news release.
Auburn Mayor Ron Anders said it will be “exciting” to see a building in the tech park receive new investment, while Korea Fuel Tech America CEO Howard Kwon said coming to Auburn “enhances our ability to localize production of automotive components in the U.S. and better service our customer base.”