Hyundai TRANSYS, a world-renowned producer of automotive parts specializing in transmissions, will invest more than $240 million to create a new manufacturing facility and expand operations in West Point, Georgia. The company plans to hire 678 associates.
The brand-new 620,000-square-foot West Point plant near the company’s current location on the Kia campus will be responsible for producing eight-speed transmissions for a global automotive leader. According to state officials, Hyundai TRANSYS will bring hundreds of advanced manufacturing jobs along with management and office staff positions to the local community. This expansion will take Hyundai TRANSYS’ employment total in Georgia to 1,741 jobs.
“The level of trust built through years of capital investment, employment, and training support, along with new opportunities unmatched by any other states, made Georgia a natural choice,” said President of Hyundai TRANSYS Georgia Powertrain Sangkil Jung. “We are excited for the opportunities ahead as we expand our presence in the West Point community.”
“Our No. 1 business climate, alongside our robust logistics network and top-ranked workforce training programs, are not only attracting global companies to the Peach State, but also retaining existing industries and helping them grow here,” said Governor Brian P. Kemp. “I thank Hyundai TRANSYS for their long-term commitment to Georgia, and I look forward to continuing to work together to ensure their investment keeps paying off for them and for the hardworking people of West Georgia.”
“As I have said, when companies invest in Georgia, they become Georgia companies, and we are committed to supporting their long-term growth. Today we celebrate another great example of that partnership leading to even more Georgians being employed by a world-class company. We are grateful for Hyundai TRANSYS choosing to invest in Georgia again and celebrate their commitment to the state,” said GDEcD Commissioner Pat Wilson. “Thanks to Governor Kemp and the General Assembly for their continued support of our efforts to recruit business and open new markets for Georgia companies around the world. Communities across the state, large and small, urban and rural, continue to benefit from Georgia’s international trade and investment.”
Hyundai TRANSYS is an automotive parts company that produces critical automobile parts, including transmissions, axles, and seats. It is the only company in the world specializing in transmissions. The company produces all types of automatic transmissions, manual transmissions, dual clutch transmissions , and continuously variable transmissions. Apart from transmissions, Hyundai TRANSYS also develops and produces top quality seats for Genesis, Santa Fe, Sorento, and other models.