Posted January 29, 2021
Valeo North America, a top-10 auto parts supplier in the world, announced plans Monday to expand into Bessemer with a $5 million facility that is expected to create 70 jobs, according to the Birmingham Business Alliance.
Valeo will be occupying an existing facility on Perimeter Way in Bessemer early this year and is expected to be at full production by June, the alliance said.
“Valeo is world-class auto supplier and a superb addition to the auto industry supply chain network spreading across the state,” said Greg Canfield, secretary of the Alabama Department of Commerce. “Valeo’s decision to locate a facility in Bessemer positions the company for long-term growth, and we are committed to helping them build a future there.”