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staff reports

Bocar Group Marks $176 Million Investment in North Alabama With New Plant

October 13, 2022/in Community Development, Employment, Engineering, Events, Featured, Lead, Manufacturing, News, Workforce Development/by staff reports

HUNTSVILLE, AL – Bocar Group added a new plant to its manufacturing capacity in Huntsville, Alabama. Several government officials and senior executives of Bocar Group attended the opening ceremony yesterday, October 12, celebrating an important milestone in the Group’s history. With an investment of $176 million for land and construction, the site is already fully operational and will play an important role in meeting the growing demand for local and global markets.

Several local government officials and senior executives of Bocar attended the official opening ceremony of the new plant.

 “With our first plant in the U.S. we are confident that Bocar Group is prepared to face the challenges of the global automotive industry such as weight reduction, more efficient engines and electrification, which will also bring new opportunities,” said Marcus Baur, president of Bocar Group. “We are expanding our international presence and increasing our competitive advantage through innovation and technology. Highly specialized manufacturing processes and components are the keys to ensure value-added products and services for our customers.”

The new plant has 323,000 square feet of production and includes 18,000 square feet of offices, quality laboratories, a training center, and employee services. By the end of 2022, 420 employees are expected to work on 21 different products.

“We are excited about the continued expansion of our investment in the US market, and we are confident that we will achieve significant growth here,” said Ignacio Moreno, CEO of Bocar Group during the ribbon-cutting ceremony. “The new plant will accelerate our development to a higher level, by introducing new technologies and enhancing our product portfolio. This, will streamline the manufacturing process, improve quality, and provide the best service to meet our customers’ needs and further expand our presence in this country.”

During the event, Tommy Battle, Huntsville Mayor said “Bocar Group led the way in the City’s efforts to develop a robust automotive supplier ecosystem, and their established presence drew many others to our community. We are pleased and honored to have Bocar Group in Huntsville.”

By the end of this year, Bocar’s employees will develop and produce structural, power train, and electric drive unit components, among others. The new plant is the Group’s first manufacturing facility in the United States.

“Bocar Group has a long history in the automotive sector, with nearly 40 years supplying parts to our customers in the United States. Next year, we will celebrate 65 years of serving the most important companies in the industry,” said Robbie Day, plant manager for Bocar US in Alabama. “Thanks to the support of the Alabama government, the construction of this plant has been successfully completed.”

 “We are very excited you are here in Limestone County and want to thank you for investing with our community”, said Collin Daly, Chairman of the Limestone County Commission.

Aluminum parts are crucial to achieve automotive weight reduction and increased gas mileage targets, which in turn becomes a strategic material to comply with environmental regulations and build sustainable mobility. Since 2014, Bocar Group has developed manufacturing know-how and earned recognition from its customers, thanks to outstanding performance and contribution to what has become a global commitment: To protect our environment.

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Tags: Bocar Group, City of Huntsville, Huntsville City Mayor Tommy Battle
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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/10/Bocar-Group-Opens-New-Plant-to-Continue-Internationalization-Plans-Within-USMCA-Region.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2022-10-13 13:00:352022-10-13 07:55:38Bocar Group Marks $176 Million Investment in North Alabama With New Plant
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