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Nippon Light Metal Georgia (NLMGA) will build a new manufacturing facility in Adairsville, Georgia, investing $50 million and creating 110 jobs. The company broke ground on November 20, 2019, and will produce aluminum forged suspension parts for the automotive industry.
Nippon Light Metal North America and ITOCHU Metals agreed to form a joint venture, Nippon Light Metal Georgia Inc., in Adairsville, Georgia, to develop, manufacture and sell aluminum suspension components for automobiles. The JV will have a capital of $16 million, with NLMNA owning 90% and ITOCHU Metals 10%.