# Schmidt Automotive to invest $7.7M in Auburn expansion

Schmidt Automotive, part of MAT Foundry Group, is investing $7.7 million in new automated equipment at its Auburn facility, creating up to 25 jobs over two years.

- Type: Investment
- Announced: 2023-01-19
- Where: Auburn, Alabama, United States
- Value: $7.70M
- Jobs: 25
- Status: announced
- Products: automotive powertrain components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Schmidt Automotive](https://endata.com/companies/67930.md)

## Sources

- [auburnvillager.com](https://www.auburnvillager.com/news/auburn-roundup-rapa-to-invest-25m-in-auburn-facility/article_5110411e-9817-11ed-be14-133fb69cd2dc.html), 2023-01-19: "Schmidt Automotive, a member of the MAT Foundry Group, is expanding its high-precision and high-volume production in Auburn by investing $7.7 million in new, highly automated equipment."

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