New Automotive Supplier To Locate in Tuscaloosa County, Increasing Community’s Automotive Footprint

Source: TCEDA Bulletin

Summary: International Automotive Components Group North America (IAC) presented to the board of the Tuscaloosa County Industrial Development Authority plans to locate a new operation in Tuscaloosa County (AL). The proposed project represents an initial investment of $22.3 million and the creation of 119 new jobs. IAC supplies Original Equipment Manufacturers (OEMs) with instrument panels, console systems, door panels, headliners and overhead systems, bumper fascias and exterior trim. The company will locate activities in an existing building in Cedar Cove Technology Park. IAC’s investment would include services of an existing contract to supply Honda. IAC anticipates additional business activity in the near future. Headquartered in Luxembourg, IAC Group’s reach spans the globe, with over 18,000 employees in 17 countries.