Nemak

Sylacauga, AL (2017)

Nemak

Auto Manufacturing, Business Development, Machine Shops and Metal Fabrication, Manufacturing, Rural

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology.

Investment

NMTC Amount: $45,200,000
Total Project Cost: $67,814,664

IMPACT

100 FTE jobs

CDEs

AMCREF, Chase, MuniStrategies, Rural Development Partners

Investor

Chase

Project Description

Installation of new equipment, tooling, production lines and manufacturing process and expansion of internal reconfiguration to converting facility from outdated technology to utilizing more efficient technology. Nemak USA, Inc. is an existing manufacturer of complex aluminum components primarily for the automotive industry, utilizing recycled aluminum.