ALUKO GROUP TO ESTABLISH SECOND U.S. MANUFACTURING FACILITY IN LAUDERDALE COUNTY

• South Korean manufacturer to construct aluminum plant in former Tupperware facility

• Expansion to create 285 new jobs and represents nearly $110 million in capital investment

HALLS, Tenn. – Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and ALUKO Group officials announced today the company has selected Halls, Tennessee, for its second U.S. manufacturing facility.

ALUKO Group will create 285 new jobs in Lauderdale County and invest $107.7 million to locate its integrated aluminum manufacturing operations in the former Tupperware building in Halls, Tennessee. Once operational, the retrofitted facility will further support and expand the company’s customer base across the electric vehicle (EV), solar energy, construction and building industries.

Based in South Korea, the ALUKO Group consists of ALUKO, Hyundai Aluminium, Gogang Aluminium, Alutec, KPTU, Hyundai Aluminium Vina and Alutec Vina. Today’s announcement marks the company’s second project to locate in Tennessee in the last year. In December 2024, ALUKO Group announced it would establish its first U.S. manufacturing facility in Jackson, Tennessee.

Since Gov. Lee took office, South Korea has emerged as the state’s top partner for foreign direct investment in creating new jobs and investing capital – a total of $13 billion invested statewide during this administration.

QUOTES
“What happens in rural Tennessee matters to all Tennesseans, and I thank the ALUKO Group for its commitment to expand in West Tennessee. Today’s announcement demonstrates that global brands like ALUKO Group thrive in our state’s strong business climate, and I’m grateful for the nearly 300 new jobs that will be created for families in Lauderdale County.” – Gov. Bill Lee

“South Korea has become the state’s top foreign direct investment partner since 2019 thanks to companies like ALUKO Group that have contributed to the more than $13 billion invested in Tennessee in the last 6 years. It’s an honor to take part in announcing additional jobs and investment in Halls today, and I believe Tennessee’s skilled workforce and rich manufacturing background will prove to be the ideal location for all of the ALUKO Group’s U.S. manufacturing.” – Deputy Gov. and TNECD Commissioner Stuart C. McWhorter

“This strategic investment in Halls, Tennessee, is a significant milestone in ALUKO Group’s long-term North American strategy, establishing an eco-friendly supply chain for key U.S. industries like EVs and solar energy. We are honored to be a part of the Lauderdale County community, and we extend our deepest gratitude to Gov. Lee and TNECD for their support as we commit to creating 285 new jobs for the region.” – Do Bong Park, Chairman, ALUKO Group

“ALUKO Group’s decision to locate in Lauderdale County is a tremendous win for our community. This project will bring new opportunities for our residents, strengthen our workforce and support growth across the entire county. We are grateful for the partners who helped make this possible and look forward to the positive impact ALUKO Group will have on Lauderdale County for years to come.” – Lauderdale County Mayor Maurice Gaines Jr.

“This is a wonderful day for the Town of Halls. When people work together, great things happen, and today’s jobs announcement is proof of that. Thank you to all our partners for helping bring new opportunities to our community.” – Halls Mayor Eugene Pugh

“We are excited to welcome ALUKO Group to Lauderdale County. Working in partnership with the Tennessee Department of Economic and Community Development, Lauderdale County Economic and Community Development, Ripley Power & Light, City of Halls and Lauderdale County is a testament to our shared commitment to fostering economic growth in the region. ALUKO Group’s establishment here not only represents impactful investment but also the creation of new job opportunities for our community. TVA is proud to support companies that contribute to the prosperity and vibrancy of our region.” – Heidi Smith, vice president of economic development, TVA

“ALUKO Group’s investment is great news for Lauderdale County. These 285 new jobs and the significant capital investment will strengthen the local economy and create long-term opportunity for families. We appreciate the company’s confidence in our workforce and look forward to the positive impact this project will bring to our region.” – Sen. Paul Rose (R-Covington)

“Effective conservative governance has made Tennessee a destination for quality companies from around the world. ALUKO Group’s significant investment in our community will provide an incredible boost to our economy and benefit hundreds of local families. I’m honored to welcome the company to Lauderdale County, and I wish them well as they begin operations here.” – Rep. Chris Hurt (R-Halls)

About ALUKO Group
Founded in 1956, ALUKO Group has been at the forefront of Korea’s aluminum extrusion and nonferrous materials industry, setting the standard for innovation and excellence. Our diverse product portfolio spans industrial applications, including display devices, mobile devices, vehicles, ships, solar module frames and secondary battery cases, as well as construction materials such as aluminum sheets, curtain walls and structural frameworks. Guided by an unwavering commitment to technological advancement and quality, ALUKO Group is dedicated to becoming a global leader in the aluminum industry.

About the Tennessee Department of Economic and Community Development (TNECD)
TNECD is the state’s primary agency committed to fostering economic growth through job creation and community development. By attracting new corporate investment and facilitating the growth of existing businesses, the department works to strengthen Tennessee’s competitive landscape. Additionally, TNECD strives to increase the economic prosperity for all Tennesseans by providing grants to communities statewide, helping them to become vibrant, business-friendly environments where companies can flourish.