Hyundai to Invest $500M for Tucson Hybrid Production in Montgomery
[MONTGOMERY] Hyundai announced October 1 it will invest $500 million at its Montgomery, Alabama plant to produce the Tucson hybrid model — one of the automaker's largest follow-on investments in the state in recent years, the Montgomery Advertiser reported.
The investment will fund production-line retooling and new equipment, expected to create hundreds of jobs. Hyundai's North America chief said hybrid demand is strong in the U.S. market and expanded Montgomery output will shorten delivery times.
The Alabama governor's office welcomed the investment, calling auto manufacturing a pillar of the state's economy. The state commerce department said it will provide workforce-training support for the project.
(Source: Montgomery Advertiser)
Source: Montgomery Advertiser
Published by GSM · USA (original Chinese edition)
Photo: CC BY 3.0（Wikimedia Commons，摄影：Marek Ślusarczyk）
