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TUSCALOOSA, Ala. (AP) - A vehicle supply company is expanding its operations in Tuscaloosa County.
SMP Automative Systems Alabama plans to build a new plant at the Cedar Cove Technology Park, WBRC-TV reports. It already has two facilities in the county that employ more than 1,900 people.
The company produces parts for vehicles manufactured at a Mercedes plant in Vance, Alabama.
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The Tuscaloosa County Industrial Development Authority last week approved more than $250,000 in tax breaks for the project, though officials say it will contribute much more in taxes and employee spending.
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Mercedes parts supplier granted tax break for Tuscaloosa County plant expansion
Tax breaks for plant expansion in Tuscaloosa By Kelvin Reynolds | April 1, 2021 at 8:05 PM CDT - Updated April 1 at 8:07 PM
TUSCALOOSA, Ala. (WBRC) - The executive director for the Tuscaloosa County Economic Development Authority said it made good business sense to give Mercedes parts supplier SMP several hundred thousand dollars in tax breaks over time.
“SMP started in 2015 when they announced they were going to locate in Tuscaloosa County and since that time, they have met and even exceeded their goals in terms of employment and investment,” Danielle Winningham, executive director of the Tuscaloosa County Economic Development Authority, said.
Mercedes-Benz supplier adding $4.195 million Tuscaloosa County facility
Updated 9:48 AM;
Today 8:47 AM
Samvardhana Motherson Peguform (SMP) held the grand opening of its Tuscaloosa County plant Friday, April 27, 2018.
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Mercedes-Benz supplier SMP Automotive Systems Alabama is moving into a third facility in Tuscaloosa County.
The company plans a $4.195 million plant using about 112 employees from Plant 1, including at least four new hires. The new facility will support new and on‐going activities at SMP’s initial plant.
A subsidiary of Samvardhana Motherson Group (SMG), the company built a 700,000‐square foot facility in Tuscaloosa County in 2015 to supply various exterior and interior components for Mercedes models. In 2019, SMP opened a second Tuscaloosa County plant located on Brookwood Parkway. The third facility will be located in an existing building in the Cedar Cove Technology Park, adjacent to Plant 1.