HYUNDAI MOTOR COMPANY ANNOUNCES IT WILL BUILD
Hyundai Motor Company (HMC), Korea's largest automotive manufacturer, today announced it has approved construction of a $1 billion automotive assembly and manufacturing plant in Montgomery, Alabama. Hyundai said the facility - the company's first assembly and manufacturing plant in the U.S. - will begin production in 2005, creating approximately 2,000 plant jobs in Montgomery and the surrounding area.
