South Korean company to open new metal manufacturing facility in Temple, Gov. Abbott says
Abbott says facility will generate $110 million in capital investment, create more than 100 new jobs
AUSTIN, Texas (KWTX) - Texas Governor Greg Abbott on July 9 announced SeAH Group, a South Korea-based company that specializes in steel products, plans to build a “high-performance metal manufacturing facility” in Temple that will reportedly generate $110 million in capital investment and create more than 100 new jobs in Central Texas.
“Texas is the premier destination for business growth, which is why companies from across the globe continue to choose our state to expand their operations,” said Gov. Abbott. “SeAH Group’s $110 million investment in Temple is a testament to the unique and unmatched business opportunities the Lone Star State has to offer businesses.”
“Texas has always been a fantastic partner in every aspect of our journey to the U.S.,” said SeAH Changwon Integrated Special Steel Co-CEO Junghoon “Jay” Lee, “The opportunities that the state offers will allow us to thrive in the fast-growing North American market.”
The governor was joined at the announcement by SeAH Superalloy Technologies CEO Michael King and other SeAH Group executives, the Governor’s Economic Development & Tourism Office Executive Director Adriana Cruz, Texas Economic Development Corporation Board Secretary and President of Temple Economic Development Corporation Adrian Cannady, and other business and community leaders from Temple.
SeAH Group companies “have the largest capacity of special alloy production in South Korea and are equipped with an integrated production system for the various materials and production range,” the governor’s office wrote in a news release.
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