H‑One Co., Ltd.'s North American arm, KTH Texas Inc., is gearing up to build a 300,000‑square‑foot automotive parts factory on a 40‑acre tract inside Seguin's Seguin Exchange, city officials say. The project comes with a minimum $100 million capital commitment and an expectation of roughly 170 high‑quality manufacturing jobs by 2031, with operations targeted for 2028. Plans call for three automated press lines, including a 3,500‑ton lead press, to stamp ultra‑high‑strength steel and aluminum components for automakers. City and development officials say construction is slated to start later this year.
City and company details
The Seguin Economic Development Corporation and the City of Seguin report that KTH Texas has purchased about 40 acres along F.M. 78 near the northwest corner of I‑10 and State Highway 46 and plans to build a 300,000‑square‑foot facility at the site, according to the Seguin EDC, the City of Seguin and a post on the City's Facebook page. Company materials state that the campus will feature three automated press lines, anchored by a 3,500‑ton press, to turn out underbody structural parts for vehicle manufacturers. “This expansion is a cornerstone of our North American growth,” KTH Parts President Chris Millice said in the announcement, according to the Seguin release.
Money and filings behind the move
Financing documents show that in April the Japan Bank for International Cooperation signed an agreement to provide up to $67 million in funding as part of roughly $112 million in co‑financing to support KTH Texas' U.S. production facility, according to JBIC. H‑One's 2025 integrated report also identifies KTH Texas as a planned U.S. base and notes an early‑2028 startup for the Texas operation, per H‑One.
Council vote, tax breaks and schedule differences
On July 7, Seguin's City Council approved a resolution authorizing a Chapter 380 economic incentive agreement with KTH Texas, clearing the way for local incentives tied to the plant, according to city meeting records. Meeting documents and coverage indicate the company requested more than $3.6 million in property and sales tax abatements over 10 years, as reported by the San Antonio Express‑News. Timelines are not perfectly aligned across filings and reports: the city and SEDC list an April 2028 operations start, while some reporting points to a year‑end 2028 target.
What this means for Seguin
Economic development leaders say the KTH facility strengthens Seguin's growing manufacturing cluster and will add to regional demand for skilled production workers. The project sits within the broader Seguin Exchange development, which developers and officials say is intended to deliver industrial land and infrastructure for projects like this one, according to Seguin Today and SEDC materials. City and economic development officials say they plan to work with training partners to connect local residents with the new jobs as the project moves from permitting into active construction.
Construction is expected to begin before the end of 2026, and officials say they will publish hiring timelines and supplier‑opportunity information as those plans are finalized. For now, they say the emphasis is on finishing site work, securing permits and lining up local workforce and vendor support ahead of production in 2028.
