Hyundai’s EV Factory Draws Three More Suppliers to Georgia
Investments from Hwashin, Hyundai Industrial Co. and Daechang Seat Corp. USA bring the Peach State an estimated $2.5 billion.
ELLABELL, GA—Hyundai Motor Group’s Georgia supplier list has grown longer this month, as three additional auto parts suppliers have announced plans to establish assembly plants in the state.
The global automaker’s subsidiary, Hyundai Industrial Co., is spending more than $24 million to acquire a building in Newnan, GA. The company plans to retrofit the facility to produce armrests and headrests for Hyundai’s $5.5 billion EV assembly plant under construction in Ellabell, as well as for other OEMs. The new factory is expected to create 100 jobs.