KANSAS CITY—The American auto industry continues to revive, and foreign investors are showing increased interest. The Spanish automotive company Grupo Antolin North America is just the latest overseas manufacturer to kick off a new project in Kansas City. It has just decided to invest more than $15.7 million in a 148,800-square-foot automotive manufacturing facility at 1601 Southern Rd., creating an estimated 118 new jobs, according to the Kansas City Area Development Council.
The new state-of-the-art manufacturing facility will initially produce interior overhead liners for the new Ford Transit van, which Ford will manufacture at its Kansas City Assembly Plant in Claycomo. That plant is currently undergoing a $1.1 billion expansion. Furthermore, as reported in GlobeSt.com, Yanfeng USA Automotive Trim Systems recently decided to locate a new manufacturing plant in Riverside Horizons, a 260-acre industrial park in suburban Riverside.
"Kansas City represents enormous opportunities for Grupo Antolin," said Max Rogers, president of Grupo Antolin North America. "Missouri's friendly corporate climate and close proximity to major automakers put us in a position to better serve our clients and continue to grow."
“Grupo's investment demonstrates our region's strength as a manufacturing and transportation powerhouse,” said Bob Marcusse, president and CEO, Kansas City Area Development Council. Ford's plant, he added, “was the nation's busiest auto plant last year, producing nearly a half-million units.”
"Grupo Antolin's decision to locate a brand new manufacturing facility and create 118 new jobs in Kansas City is another example of how Ford's record investment in Claycomo continues to have positive ripple effects throughout this region," said Missouri Gov. Jay Nixon.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
