Columbus, Ohio – Alcorta Forging Group, a 100-year-old Spanish automotive supplier, 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 five years, pending state and local approvals.
Alcorta plans to build its new 150,000ft2 forging and manufacturing facility on 12 acres of land in the Marysville 33 Innovation Park, about 12 miles east of Honda’s massive Accord plant in central Ohio. 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.”