Hyundai Motor Group-LG Energy Solution Increase Bryan County, Georgia, Investment
09/07/2023
In May 2023, Hyundai Motor Group and LGES signed a memorandum of understanding establishing LGES as the partner for Hyundai Motor Group Metaplant America’s (HMGMA) onsite battery cell manufacturing JV.
“This incremental investment in Bryan County reflects our continued commitment to create a more sustainable future powered by American workers,” said José Muñoz, president and global COO, Hyundai Motor Company and president and CEO, Hyundai and Genesis Motor North America. “Hyundai is proud to partner with LGES and we are grateful for the support of Governor Kemp and the many communities throughout the State of Georgia that help drive our operations everyday as we work to be a global leader in the electrified mobility industry.”
Director of Project Implementation and Supplier Strategy Alyce Thornhill represented the Georgia Department of Economic Development’s (GDEcD) Global Commerce team in partnership with the Savannah Harbor-Interstate 16 Corridor Joint Development Authority (JDA), Georgia Power, Georgia Ports Authority, and Georgia Quick Start.
“Governor Kemp set a goal of Georgia becoming the top location for EV manufacturing in the United States, and with this announcement today, the state is in a great position to claim that distinction,” added GDEcD Commissioner Pat Wilson. “Through our focus on building an ecosystem that supports the entire EV supply chain, Georgia continues to add to our industry-leading success, bringing the jobs of the future home to Georgians in every corner of the state. State and community partners like the Savannah-area JDA, utility providers, Georgia Ports Authority, and Georgia Quick Start create a collaborative, business-friendly environment that sets Georgia up for success. Congratulations to LGES, Hyundai Motor Group, and all the partners we are celebrating today!”
“Today’s announcement that Hyundai Motor Group and LG Energy Solution will make an additional investment in the onsite EV battery cell manufacturing joint venture will bring 400 additional well-paying jobs for those in the Savannah region,” said Carter Infinger, Chairman of the Savannah Harbor-Interstate 16 Corridor Joint Development Authority. “The continued investment by Hyundai Motor Group and the announced suppliers like LG Energy Solution is truly remarkable and will be transformative for our region.”
Project Announcements
Play Mart Expands Pulaski County, Kentucky, Operations
09/30/2023
Blue Whale Materials Establishes Bartlesville, Oklahoma, Battery Processing Operations
09/30/2023
Pivot Bio Establishes Hazelwood, Missouri, Operations
09/30/2023
Germany-Based mtex Antenna Technology USA Plans Albuquerque, New Mexico, Operations
09/30/2023
Amphenol Industrial Operations Plans Mesa, Arizona, Operations
09/30/2023
Provalus Plans Columbus County, North Carolina, Operations
09/30/2023
Most Read
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Why the Southeast Is Winning EV Projects, With More on the Way
Q3 2023
-
EV Impacts to Watch in 2023 and 2024
2023 Auto/Aero Site Guide
-
U.S. Attracting FDI From European Manufacturers
Q3 2023
-
2023 Top States Workforce Development Programs
Q3 2023
-
Power-Intensive Site Selection
Q3 2023