# Prince Metals Stamping plans $45.8 million expansion in Gadsden, Alabama

Prince Metals Stamping, a Canadian-based automotive supplier, will invest $45,765,000 to expand its facility in Gadsden, Alabama. The expansion was supported by tax abatements from the Gadsden city council and is expected to create new jobs.

- Type: Expansion
- Announced: 2020-10-27
- Where: Gadsden, Alabama, United States
- Value: $45.8M
- Status: announced
- Products: metal stampings for automotive
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Prince Metals Stamping](https://endata.com/companies/50811.md)

## Sources

- [wbrc.com](https://www.wbrc.com/2020/10/27/gadsden-automotive-supplier-undergo-million-expansion/), 2020-10-27: "Total project investment on behalf of the business is $45,765,000. So, that’s fantastic."

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