# Kobe Steel to invest $42M expanding auto parts plant for aluminum bumpers

Kobe Steel's subsidiary Kobelco Aluminum Products and Extrusion plans to spend $42 million to expand its auto parts factory, adding a new melting furnace, extruder, and manufacturing equipment. The expansion will create 90 new jobs, with production expansion starting in the first half of 2020. The plant produces aluminum bumpers and subframe materials.

- Type: Expansion
- Announced: 2024-01-15
- Where: Japan
- Value: $42.0M
- Jobs: 90
- Starts operating: 2020
- Status: announced
- Products: aluminum bumpers, aluminum subframe materials
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md)
- [Kobelco Aluminum Products and Extrusion](https://endata.com/companies/74975.md)

## Sources

- [haythink.com](https://www.haythink.com/kobe-steel-plans-to-invest-42-million-u-s-dollars-to-expand-auto-parts-factory-to-produce-aluminum-bumpers-and-subframe-materials/), 2024-01-15: "Kobelco Aluminum Products and Extrusion, an auto parts maker, plans to spend $ 42 million on the expansion of the project, adding a new melting furnace and extruder and manufacturing 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.
