Alcorta Forging Group Expands to Marysville, Ohio
Columbus, Ohio – Alcorta Forging Group, a 100-year-old Spanish automotive supplier, has announced plans to establish its first U.S. manufacturing operations and regional headquarters in Marysville, Ohio, investing $15 million and creating 50 new jobs with a potential expansion to double in 5 years, pending state and local approvals.
Alcorta plans to build its new 150,000-square-foot forging and manufacturing facility on 12 acres of land in the Marysville 33 Innovation Park, selecting Dublin Building Systems as its design-build partner. The project will be completed in three phases, with the company investing a total of $15 million toward the new building, as well as state-of-the-art machinery and equipment. Under the current uncertain circumstances, Alcorta will move forward with its pre-construction activities, while remaining on hold for the construction launch.
“Establishing our manufacturing plant in Ohio offers us a great opportunity to locally produce parts that are currently exported from Europe, while expanding our supply to Canadian, American and Mexican customers,” said Alcorta CEO Lorenzo Mendieta. “Following a thorough site selection process, we strongly believe the Columbus Region provides better capabilities for our company and helps us provide additional services for our client base.”
After reviewing more than 20 locations, Alcorta selected Marysville due to its economic and industrial environment, the availability of adequate human resources, state and city incentives and the sincere involvement by representatives from the city, county and state.
Based in Elgoibar, Spain, Alcorta has sales and engineering offices in U.S., Germany, France, Czech Republic, China and South Africa. This expansion will represent the company’s first production facility in North America. The 100-year-old company develops and manufactures automotive components for the car body, engine, powertrain and exhaust systems through a highly advanced and automated manufacturing process.
“We are thrilled to welcome Alcorta to Marysville’s diverse automotive supply chain, a legacy industry in our community,” said Marysville City Manager Terry Emery. “This major international investment is a great opportunity for the Innovation Park and a perfect fit for the Region’s substantial automotive supply chain.”
The Columbus Region is at the forefront of automotive technology and represents the future of new manufacturing. The Region produces nearly 650,000 cars a year, while the regional economic output for the automotive industry exceeds $2.7 billion annually. Overall, more than 1,700 manufacturers employ nearly 87,000 people in the Columbus Region. The city of Marysville is located in Union County, which is home to an estimated 57,835 residents.
“Alcorta’s choice of the Columbus Region for its U.S. headquarters and operations demonstrates how Ohio is open for investment from automotive suppliers throughout the world,” said JobsOhio President and CEO J.P. Nauseef. “We and our partners welcome Alcorta to Marysville, where it will create 100 new jobs in its first North American production facility.”
About Alcorta Forging Group
Alcorta Forging Group is a Basque (Spanish) company with over 100 years of experience in the metallurgy sector, working for the automotive industry since the early 80’s. The company is headquartered Elgoibar, Spain. Alcorta also has subsidiaries in USA, Germany, France, Czech Republic, China and South Africa. Learn more at alcortagroup.com.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio though Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.
About One Columbus As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
One Columbus Media Contact
Alcorta Forging Group Media Contact
Ruben de la Peña