Old World Industries Announces $20 Million Expansion in Alabama
Automotive supplier Old World Industries has announced plans for a $20 million expansion in Prattville, Alabama, reports The Montgomery Advertiser.
Based in Northbrook, Illinois, the company serves the automotive aftermarket, offering brands such as PEAK automotive antifreeze and coolant and BlueDEF diesel exhaust fluid.
The expansion comes with a capital investment of over $20 million. OWI expects the project to allow for additional product lines and delivery options for the Southern market.
OWI CEO Warren Morrow said that the expansion will bring an emphasis on producing locally and following key market trends, with plans to grow its distribution footprint and packaging capabilities and offer more products that meet regional demands.
“This will allow us to serve customers with improved lead times and better distribution costs,” said Morrow.