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Minth Group Invests $430M, Creates 1,300 Jobs in Alabama

3/7/2026

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Summary

Story summary

Minth Group Limited, a Taiwanese automotive supplier, will invest $430 million in Gadsden, Alabama, creating over 1,300 jobs.
The 400-acre brownfield site formerly housed Republic Steel and Gulf States Steel will host nearly 1 million square feet of production space.
The project will produce plastic and aluminum components for Hyundai and Kia.
Alabama officials say average annual wages for the new jobs are projected to exceed $49,000.

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Story summary

Minth Group Limited, a Taiwanese automotive supplier, will invest $430 million in Gadsden, Alabama, creating over 1,300 jobs.
The 400-acre brownfield site formerly housed Republic Steel and Gulf States Steel will host nearly 1 million square feet of production space.
The project will produce plastic and aluminum components for Hyundai and Kia.
Alabama officials say average annual wages for the new jobs are projected to exceed $49,000.