Auburn saw three manufacturers this week announce major expansions totaling $52.8 million.
Borbet Group Alabama is investing $23.9 million and creating 25 new jobs over the next two years at its Auburn facility. Lotte Chemical Alabama and Aptar CSP Technologies are investing a combined total of $28.9 million at their separate facilities, creating 20 new jobs. All three expansions are in Auburn Technology Park.
Borbet is a German-based company that makes light metal alloy wheels. It opened in 2008 and is one of the largest industrial employers in the community, with approximately 225 employees.
Lottee Chemical Alabama is a Premier Asian Chemical company that has been in Auburn since 2011, manufacturing polypropylene resin material for cars and homes. This is the companies second major expansion.
Aptar CPS Technologies, located in Auburn since 2006, is a material science company that creates packing solutions to protect products.
“Borbet is thankful for the support of city leadership and the commitment of those who make up the Borbet Alabama team that has allowed the Auburn operation to maintain continued growth and high company standards,” said Juergen Keller, CEO of Borbet Alabama, reported in Auburn News.
The Borbet plant is vertically integrated, including melting, casting, flow forming, x-raying, heat treating, machining and painting. It continues to make investments in technology, like its new radial runout testing machines.
The Borbet Group has nine locations worldwide in Germany, Austria, South Africa and the United States. Its alloy wheels combine design and safety, longevity and functionality. The company says its name — Borbet — stands for perfect quality, innovative technologies and pioneering design.
