Trump Says Hyundai Just Announced $560 Million Investment in Georgia

U.S. President Donald Trump stated on the 16th local time, "Hyundai just announced they are investing $560 million to expand their plant in West Point, Georgia."

During a midterm election rally in Dalton, Georgia, that day, President Trump mentioned foreign companies investing in the United States and shared Hyundai's investment plan as an example.

He then emphasized the policy achievements of his second term, saying, "Our country is doing so well under Republican leadership."

President Trump's remarks are believed to refer to the investment plan of Hyundai Transys, an auto parts manufacturing affiliate of Hyundai Motor Group.

Previously on the 8th, Georgia Governor Brian Kemp released a press statement announcing the news, stating, "This company plans to create 320 new jobs as part of its ongoing efforts to support global automotive customers operating in North America."

According to the release, Hyundai Transys will use the investment funds to modernize existing Plants 1 and 2 in West Point and build a new Plant 3.

The state of Georgia stated, "This expansion will support increased production capacity for electrified powertrains for hybrid vehicles, and Hyundai Transys will be hiring across administrative, management, and production sectors."

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.