By Michael Elkins
Hyundai Motor Co (OTC:HYMTF) has officially broken ground on Hyundai Motor Group Metaplant America (HMGMA) LLC's new manufacturing plant at the Bryan County Mega site. The ceremony was attended by Hyundai Executive Chair, Euisun Chung, along with Governor Brian P. Kemp, and company officials, and state and local leaders.
The celebration included a morning groundbreaking on site, followed by a future technology expo at Enmarket Arena in Savannah, where the company highlighted "advanced technology and extraordinary human achievement" with a wide array of exhibits for hundreds of attendees from the community in attendance.
"Hyundai and the people of Georgia share many qualities: respect for our histories, ingenuity, creativity, and determination to make the world better for the next generation," said Hyundai Motor Group Executive Chair Euisun Chung. "Today, our EVs are recognized as best in class, and with this partnership, we are determined to be the global leader in electrification, safety, quality, and sustainability. With the Hyundai Motor Group Metaplant America, we will continue to evolve beyond an automaker to the world's leading mobility solutions provider."
“With more Georgians working than ever before, record jobs and investment coming to all parts of our state, and award-winning workforce development programs and infrastructure, the Peach State’s economy is reaching new heights,” said Governor Brian Kemp. “Our partnership with Hyundai Motor Group and the groundbreaking of this innovative facility exemplifies that unprecedented success. With a long-term commitment to improving lives and livelihoods, we look forward to continuing this partnership and seeing its impact on both this community and our state as a whole.”
HMGMA will create more than 8,100 jobs over the next few years as the company aims to establish a stable supply chain for EV battery and other EV components in the U.S. market. Approximately $1 billion is anticipated to be invested by non-affiliated HMGMA suppliers in connection with the project in other locations.