Kobe Aluminum Automotive Products, LLC announced company’s newest expansion project in the South Central Kentucky Industrial Park in Bowling Green. The project involves an investment of $51.3 million for the production of forged aluminium suspension products.
This new expansion project will increase production capacity by the addition of two new forging presses, one heat treatment line, one etch and penetrant line, one melting furnace, one casting line and two machining lines. The construction is expected to be commenced next month.
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Toshihiro Katsura, KAAP President and CEO said, "This is our 12th year producing aluminium automobile suspension parts in Kentucky. Two years ago we decided to make our sixth investment, and due to the increasing necessity of lighter vehicles, we have decided to make another investment.”
"This will be our seventh additional investment, and we are truly grateful to the Commonwealth of Kentucky for all of the support and incentives we have received."
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Kobe Aluminum Automotive Products (KAAP) is the Japan based manufacturer of forged aluminium suspension products and has been instrumental in global aluminium light weighting efforts. The company’s forged aluminium parts feature light weight and helps in the reduction in weight of the automobile.
Governor Matt Bevin said "This expansion by Kobe Aluminium Automotive Products is a shining example of growth among advanced manufacturers in Kentucky.”
"Since establishing its Bowling Green plant in 2004, KAAP has proven itself an excellent corporate partner in the commonwealth's automotive industry. We are grateful for the company's dedication to the state and are excited to see this remarkable success continue."
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