Opelika, Alabama — According to state and local economic development sources Hanwha Advanced Materials America plans to invest $32,000,000.00 to build out new space in Opelika. The company is creating 128 new jobs at this facility. The company plans to occupy the new space in Opelika, on or about July 1, 2020. According to the company website Hanwha Advanced Materials America’s mission is to be a leading provider of engineered systems and quality products utilizing its mastery of thermoplastic material development and manufacturing processes. New fuel-efficiency regulations have pushed the industry towards lighter cars, and that is driving stronger competition in the advanced materials industry. There has also been increased demand for ever more sophisticated automotive electronics, and we are working tirelessly to achieve our vision of being the number one lightweight automotive composite materials company in the world.

To learn more about Hanwha Advanced Materials America, visit http://www.hanwhaus.com/

Company Contact:
Dong Lee, Chief Financial Officer
dong.lee@hanwhaus.com
https://www.linkedin.com/in/dong-ha-lee-15015131/

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