Korea Fuel Tech America is investing $4 million in an expansion of its manufacturing operation at Auburn Technology Park South.
The expansion will create 17 new jobs, according to an announcement from the city of Auburn.
Korea Fuel Tech America, which came to Auburn in 2022, produces eco-friendly fuel parts.
“Congratulations to Korea Fuel Tech America’s local leadership for expanding after just three years here in Auburn,” Auburn Mayor Ron Anders said. “Every expansion of an existing company is a testament to the great conditions companies find in Auburn — it’s a win for both our community and our residents.”
Korea Fuel Tech is headquartered in Anseong, South Korea. The company’s Auburn operation includes injection molding and assembly manufacturing processes.
“We appreciate the City of Auburn’s support over the last three years,” said Hak Won Suh, president of Korea Fuel Tech America Inc. “We look forward to completing this expansion, which will enhance our ability to better service our customer base and bring even more jobs to the Auburn community.”
