Hyundai Expanding Alabama Plant, Adding 214 New Jobs
Hyundai Motor Manufacturing Alabama said Monda that it will invest $173 million to enlarge and modify an engine plant at the complex. The company says it will create 214 jobs with the work.
Gov. Robert Bentley says the announcement makes it a great day for the state, and it shows that Hyundai is committed to Alabama. Plant construction is set to be complete this fall, and production will begin in March 2012.
The factory is expected to produce 300,000 engines a year. They will be used in the Hyundai Elantra, which is assembled at the plant, and in vehicles made at the Kia factory in West Point, Ga.
Stories from CNN Money