# Unipres to invest $40M in Alabama expansion

Unipres, an automotive supplier specializing in stamping technologies, plans to invest $40 million in an expansion that will create 70 jobs at its Alabama production facility in Steele. The expansion includes major equipment purchases to meet new demand from OEMs.

- Type: Expansion
- Announced: 2020-08-20
- Where: Steele, Alabama, United States
- Value: $40.0M
- Jobs: 70
- Status: announced
- Products: stamped automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Unipres](https://endata.com/companies/18789.md)

## Sources

- [newsaegis.com](https://newsaegis.com/2020/08/20/unipres-continues-to-invest-in-steele/), 2020-08-20: "Unipres, an automotive supplier specializing in stamping technologies, plans to invest $40 million in an expansion that will create 70 jobs at its Alabama production facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.