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Nemak Alabama
Providing upgrades, expansions and additional equipment necessary for securing additional programs.
Project highlights
Type: Manufacturing
Location: Sylacauga, AL; Non-metro
Federal NMTC Allocation: $5,000,000
Southern Community Capital: $5,000,000
Other Community Development Entities: $22,000,000
Construction Jobs: 130
Jobs created and retained: 140
Nemak USA, Inc., a leading provider of innovative light-weighting solutions for the global automotive industry, specializes in the development and manufacturing of aluminum components for powertrain and body structure applications.
Nemak USA, Inc., was incorporated in 1986 and is based in Dickson, Tennessee. What started as a single plant has grown over the years, reaching six production plants, one melting center, and one machining plant. Nemak employs more than 23,000 people at 38 facilities worldwide.
Nemak Alabama produces engine blocks and structural components. NMTC proceeds were used by Nemak Alabama for upgrades to its Sylacauga, AL facility, which were necessary to stay competitive in the marketplace.
Project Impact