Hyundai announces $1 billion parts supplier for new Georgia plant

Hyundai announces $1 billion parts supplier for new Georgia plant
Hyundai announces $1 billion parts supplier for new Georgia plant

RICHMOND HILL, Ga. (AP) — South Korean automaker Hyundai has announced a second major supplier for its new electric car plant on the Georgian coast.

Hyundai Mobis plans to invest nearly $1 billion in a new facility in Bryan County that could employ about 1,500 workers, Georgia Governor Brian Kemp said in a news release.

The Richmond Hill plant will manufacture powertrains for Hyundai’s electric vehicles made at its new plant slated to open in 2025 about 30 miles west of Savannah, as well as components for a Kia plant in West Point and another Hyundai plant in Montgomery, Alabama, officials said.

Earlier this month, the governor announced Joon Georgia would invest $317 million and hire 630 workers for a Hyundai parts plant in Statesboro.

“When we celebrated the grand opening of Hyundai’s new electric vehicle and battery manufacturing facility in Bryan County, we knew it would spark transformational job creation and investment across this region of our state” , Kemp said in a statement this week.

In October, Kemp was in Bryan County for a groundbreaking ceremony for the new Hyundai plant, which the company plans will manufacture up to 300,000 vehicles a year.

Georgian officials say it is the biggest economic development project the state has ever seen.

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