# Hanwha Cimarron to invest $130M in Opelika, Alabama tank plant

Hanwha Cimarron will invest $130 million in a new factory in Opelika, Alabama, making carbon fiber-wrapped hydrogen storage tanks and pressure vessels. The project will create 261 jobs.

- Type: New facility
- Announced: 2021-08-18
- Where: Opelika, Alabama, United States
- Value: $130.0M
- Jobs: 261
- Status: announced
- Products: carbon fiber-wrapped hydrogen storage tanks, pressure vessels
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Hanwha Cimarron](https://endata.com/companies/8289.md)

## Sources

- [alreporter.com](https://www.alreporter.com/2021/08/18/hanwha-cimarron-to-invest-130-million-in-lee-county-plant/), 2021-08-18: "Hanwha Cimarron's decision to build a new manufacturing facility in Opelika is great news for the city and for the state."
- [madeinalabama.com](https://www.madeinalabama.com/2021/09/hanwha-cimarron-kicks-off-project-to-open-alabama-manufacturing-facility/), 2021-09-16: "Hanwha Cimarron LLC, a maker of carbon fiber-wrapped, high-pressure storage tanks, formally launched a $130 million project today to construct a manufacturing plant in Opelika that will employ 261 people."

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