State leaders formally announced on Monday an auto parts supplier will build a new plant near the Kia Motors factory in west Georgia, in a move that will create 350 jobs.

Hyundai Dymos, which builds transmissions, axles and seats, will open the $35 million factory in July, Gov. Nathan Deal’s office said. Hiring will start in January, the state said, with construction production starting in November next year.

“Hyundai Dymos is joining a booming automotive industry in Georgia,” Deal said in a news release. “Kia’s presence here has been a magnet for automotive suppliers, and our ready-to-work, highly trained workforce ensures that Georgia stays in the running for major automotive projects.”

In August, officials in West Point, about 80 miles southwest of downtown Atlanta, unveiled the proposed project. Last week, the board of the state Department of Economic Development approved an easement for utilities to connect to the site.

“The objective of this project is to further improve the competitiveness of (Kia Motors Manufacturing Georgia) by providing a steady and reliable supply of auto parts for KMMG’s continually increasing production,” Jun Mo Yoon, representative director of Hyundai Dymos, said in the release.