A tumultuous year for an Auburn auto supplier, which saw it announce an expansion only to begin closing weeks later, is suddenly up again.
Wheel, performance tire and accessories company Wheel Pros today announced it has acquired the Borbet Manufacturing Facility in Auburn and plans to create 300 full-time jobs.
It was the latest news for a plant that inked a nearly $24 million expansion in March, only to announce the plant would be shuttered weeks later with the coming of the coronavirus pandemic. There were 250 people employed there at the time the plant’s closure was announced in April. The aluminum wheel production facility opened in 2003 and had been owned by the Germany-based Borbet since 2008.
The amount of the deal was not disclosed. Wheel Pros bills itself as the only branded automotive aftermarket wheel supplier with cast wheel manufacturing capabilities in the United States. It already has cast wheel manufacturing operations in York, S.C.
The Auburn plant will be converted to an aftermarket wheel manufacturing facility under Wheel Pros’ ownership. Wheel Pros expects to begin production of cast wheels within a few months and shortly thereafter reach run-rate production of approximately 1.5 million wheels annually across its manufacturing footprint, the company announced.
“There is great talent in Auburn and we look forward to working together with the community there,” Jody Groce, president and co-founder of Wheel Pros., said.
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August 24, 2020 at 09:50PM
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Auburn auto supplier, slated to close, is acquired, 300 to be hired - AL.com
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