Automotive supplier Rainsville Technology Inc. nearly is doubling in size and employment this year, growing along with its primary customer, Honda Motor Co. Ltd.
RTI, a subsidiary of Tokyo's Moriroku Co. Ltd., is launching a $17.8 million expansion that will bring its manufacturing facility in Rainsville up to 165,000 square feet, from 85,000, and add 140 jobs to its current 150, said Jimmy Durham, executive director of the DeKalb County Economic Development Authority.
The work is to be completed by September. The project also nearly will double the plant's office space, with 32,000 square feet open by the fall.
The company injection molds components for Honda's assembly plant in nearby Lincoln, Ala., producing interior and exterior systems for the Odyssey minivan. Honda has been doubling its manufacturing capabilities in Alabama as part of an overall plan to boost North American production to 1.4 million vehicles annually from 1.2 million.