Local news- Press Release
Opelika Alabama - HANWHA AND WEEST FRASER ANNOUNCE EXPANSION IN OPELIKA 19 June 2019 ( news )
Opelika , state Alabama ( By Press Release office)
Jun 19,2019
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Opelika Mayor Gary Fuller announced today that two existing Opelika manufacturing companies – West Fraser , Inc . and Hanwha Advanced Materials America– will be expanding .
Mayor Gary Fuller stated , “We are delighted at the commitment West Fraser and Hanwha are making in our community . The success that warrants additional investment and the creation of additional jobs is proof that both companies have outstanding leaders and staff in place . We are proud to call them partners and thank them for investing in Opelika . ”
West Fraser , Inc . , will be constructing a new planer mill , which will increase its manufacturing capabilities . West Fraser is one of the largest lumber manufacturers in the United States , with 45 facilities in Western Canada and the southern U . S . They offer sustainable forestry , high - efficiency wood products . The company plans to invest an additional $43 million .
Hanwha will invest an additional $32 million in capital and create 128 new jobs within the next three years . Hanwha has four production bases in the U . S . and manufactures high - quality lightweight composite materials and auto parts .
City of Opelika Economic Development Director , Lori Huguley added , “We are thrilled that these great companies continue to grow and invest in Opelika . Their continued investment is testament to their ongoing success in our community . ”
For more information , please contact John Sweatman , Economic Development Project Manager for the City of Opelika , at 334 - 705 - 5115 .
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