Fox Business: Georgia Gov. Brian Kemp announces plans for 'massive' new Hyundai facility (https://www.foxbusiness.com/economy/georgia-announces-plans-for-massive-new-hyundai-facility)
Georgia Gov. Brian Kemp on Friday announced Hyundai Motor Group's plans to make a $5.5 billion investment to build an electric vehicle plant and battery manufacturing facility near Savannah, which he says is the largest economic development project in the state's history.
"We're very excited – it's massive," Kemp told FOX Business, saying that the project is expected to bring more than 8,100 jobs to Georgia's coastal region.
AJC: ‘Boom’ After long Georgia history, Hyundai’s EV plant deal clinched quickly (https://www.ajc.com/politics/after-long-georgia-history-hyundais-ev-plant-deal-clinched-quickly/LM7WW7SCJBHCBP7WY5CQTH2J4U/)
It was a pivotal moment in the state’s whirlwind courtship of the South Korean auto giant, which announced Friday it would build a $5.5 billion plant in Georgia that will employ as many as 8,100 people to build electric vehicles and batteries.
The Hyundai plant marks the second time in the last year that Georgia can boast of landing one of the biggest economic development projects in its history. In December, Rivian announced a $5 billion electric vehicle plant with 7,500 staffers.
WTOC: WTOC Exclusive: Ga. Governor Brian Kemp discusses states economic efforts (https://www.wtoc.com/2022/05/20/wtoc-exclusive-ga-governor-brian-kemp-discusses-states-economic-efforts/)
Georgia Governor Brian Kemp is making a Special Economic Development Announcement in Bryan County Friday.
Savannah Morning News: Behind the deal: Why Hyundai Motors picked Bryan County megasite for auto plant (https://www.savannahnow.com/story/business/automotive/2022/05/20/hyundai-savannah-pooler-bryan-county-georgia-deal-ev-auto-plant-jobs/9820721002/)
Hyundai's site consultants had identified a "12 to 14" potential locations for an EV plant and narrowed that field to four finalists. Savannah was among them, in part because Hyundai Motors already operated a plant in Georgia - the Kia factory in West Point - and also due to the strong relationship the company has with the Georgia Ports Authority, which imports and exports hundreds of thousands of the automaker's vehicles each year.
"It's amazing how quickly this happened," Georgia Gov. Brian Kemp said. "We made a very strategic decision to sell the (Pooler) megasite, and we got the Amazon announcement with 1,000 jobs there, which was great. Plus it gave us cash to go out and buy this site and start this acquisition."
WJCL: Gov. Kemp, local officials announce new Hyundai plant coming to Bryan County (https://www.wjcl.com/article/gov-kemp-local-officials-making-economic-development-announcement-in-bryan-county/40061369#)
It's official. Hyundai Motor Group is building a massive new vehicle plant in southeast Georgia -- the first fully dedicated electric vehicle and battery manufacturing facility in the state. Hyundai will invest $5.54 billion in the plant while non-affiliated suppliers will invest another $1 billion in the project. Combined, approximately 8,100 jobs are expected to be created.
“We are proud to welcome Hyundai Motor Group to Georgia as we forge an innovative future together," said Governor Brian Kemp. "From initial conversations on my economic development mission to Korea to Georgia’s investment in the Bryan County Megasite, we've been preparing for an opportunity like this for a long time. My commitment to hardworking Georgians to make our state the best place to live, work, and raise our families remains steadfast, and with this announcement, which is now the largest economic development project in our state's history, we will continue working to make Georgia the premier destination for quality companies who are creating the jobs of today, tomorrow, and beyond.”
Hyundai cited Georgia's speed-to-market, workforce and the state's ability to meet the company's carbon neutrality standards as well as Georgia being home to an existing network of Hyundai subsidiaries and suppliers.
The Covington News: Georgia lands Hyundai EV manufacturing plant, up to 8,100 jobs (https://www.covnews.com/news/business/georgia-lands-hyundai-ev-manufacturing-plant-8100-jobs/)
That record fell Friday as Kemp unveiled an even bigger EV facility, a Hyundai plant west of Savannah expected to create 8,100 jobs when fully built out, 600 more than the Rivian project announced in December. The project also will include a battery manufacturing facility.
Hyundai expects to begin construction on the new plant in January, with full production expected in the first half of 2025. Wages for the advanced manufacturing jobs the plant will create will be competitive with the local market.
The Daily Wire: Hyundai To Build $5.5 Billion Electric Vehicle Plant In Georgia, Marking The State’s Largest Ever Economic Development Project (https://www.dailywire.com/news/hyundai-to-build-5-5-billion-electric-vehicle-plant-in-georgia-marking-the-states-largest-ever-economic-development-project)
The Georgia government announced Friday that Korean automaker Hyundai will pour $5.5 billion into the state for a new electric vehicle factory, marking the largest economic development project in Georgia history.
Energy Wire: Georgia: EV capital? (https://www.eenews.net/articles/georgia-ev-capital/)
The Hyundai facility would join a list of EV industry wins for Georgia in recent months, including the single largest economic development project in the state — a $5 billion factory from Rivian Automotive Inc. (Energywire, May 4).
“It looks like EVs are going to be the wave of the future, and Georgia may be on the crest of that wave,” said Charles Bullock, a political science professor at the University of Georgia.
Source: https://gov.georgia.gov/press-releases/2022-05-21/icymi-governor-kemp-travels-state-putting-georgians-first-makes-largest
