Congratulations to Yanfeng Automotive Interiors! Yanfeng, the world’s largest supplier of automotive interior components, is establishing a manufacturing facility in Laurens County, S.C.
The Womble Carlyle team of Stephanie Yarbrough, Graeme Philp, Cameron Stoll, Kevin Trempe and Matthew Ward represented Yanfeng in this deal, handling economic development, corporate and tax matters for this project.
The transaction included Yanfeng acquiring an existing 365,000-square-foot facility. The deal is expected to create 35 new jobs. The plant will manufacture automotive components, including door panels, instrument panels and floor consoles, for BMW.
Based in China, Yanfeng has more than 100 facilities in 17 countries and employs more than 28,000 people worldwide.
Stephanie Yarbrough works closely with domestic and international companies seeking to expand or relocate operations to the Carolinas and the Southeastern United States. She helps companies from across the country, and around the world, to identify and capitalize on the best opportunities in the Southeastern United States.
Graeme Philp is a corporate and tax lawyer with extensive experience representing real estate, resort and hospitality, manufacturing, media, and financial institution clients. He has significant experience on the international tax aspects of inbound, outbound and joint venture transactions.
Cameron Stoll’s multi-disciplinary transactional practice encompasses commercial real estate transactions, economic development, intellectual property transactions and privacy and data management.
Kevin Trempe is an experienced capital markets attorney who focuses his practice on corporate finance, mergers and acquisitions, corporate governance and other transactional matters.
Matthew Ward represents numerous public and private companies as debtors, bidders, purchasers, secured lenders, and creditors in various Chapter 7 and Chapter 11 bankruptcy cases and adversary proceedings, as well as in out-of-court acquisitions of distressed assets, and change of control transactions.