German auto supplier opens $46.3 million plant in Alabama

MarketsAssociated Press

MöllerTech, a German auto supplier, has opened a $46.3 million plant in central Alabama.

Company officials say 222 employees will be hired at the new supply plant by the end of 2019. Al.com reported the ribbon-cutting ceremony was held recently, just 16 months after the company announced it would build the plant in Bibb County.

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Steve Jordan, President of MöllerTech's North American division, says the supply plant currently has 50 employees.

It will be next door to Mercedes-Benz's new Global Logistics Center in an industrial park.

Mercedes-Benz U.S. International CEO Jason Hoff attended the ribbon cutting to welcome MöllerTech.

MöllerTech's parent company, MöllerGroup, has had a business relationship with Mercedes since the 1950s.

The German company also develops interior parts for Audi, BMW, Daimler, GM, Honda, Porche, Rolls-Royce and Toyota.