Hyundai Motor announces US$ 388 mil. expansion of Montgomery plant
- 6 years ago
Hyundai Motor has revealed plans to invest three-hundred-88 million U.S. dollars to expand its U.S. manufacturing plant in Montgomery, Alabama.
The expansion will help Hyundai Motor produce its next-generation engine, which includes technologies and components for its new sedan models.
Construction is expected to be finished in November and operations are due to start next year.
Hyundai says the expansion will add new 50 jobs to the plant's existing workforce of three-thousand full-time employees.
It's the Korean auto giant's biggest investment in the Montgomery plant since it opened in 2005.
The expansion will help Hyundai Motor produce its next-generation engine, which includes technologies and components for its new sedan models.
Construction is expected to be finished in November and operations are due to start next year.
Hyundai says the expansion will add new 50 jobs to the plant's existing workforce of three-thousand full-time employees.
It's the Korean auto giant's biggest investment in the Montgomery plant since it opened in 2005.