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Hyundai Heavy puts 1st US plant in Alabama

Hyundai Heavy puts 1st US plant in Alabama

South Korea's Hyundai Heavy Industries is locating its first American manufacturing plant in Alabama, creating about 500 jobs.
Company executives joined state and local officials Friday to announce the $90 million project will be located in Montgomery.
The plant will make large power transformers, weighing over 500 tons each. Chief Executive J.S. Lee said groundbreaking will be in about a month with production beginning in early 2012. He estimated the plant will turn out more than 200 transformers annually.
The official plans for the plant say it will create 480 jobs, but Lee said the total will exceed 500. He predicted the factory will become the center of the company's operations in North America.
"It's only the beginning," he said.
Another Korean company, the automaker Hyundai, put its first American assembly plant in Montgomery. The two companies were begun by the same person, but operate separately. Hyundai Heavy Industries is best known for its ship building division.


Updated : 2021-06-15 19:11 GMT+08:00