MONTGOMERY, Alabama — Governor Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC President and CEO Dong Ryeol Choi today to announce that Hyundai is investing $388 million to construct a plant dedicated to manufacturing engine heads and enhance existing operations to support production of new models of Sonata and Elantra sedans.
The investment will create 50 new jobs at the automaker’s Montgomery manufacturing complex.
Hyundai Motor Manufacturing Alabama (HMMA) is preparing for the next-generation Theta III engine, which requires new technologies and components as a part of its assembly process. Nearly all of the capital investment will be spent on equipment for the engine head machining plant, including updating technology.
“Hyundai is an important member of Alabama’s dynamic auto industry, and this expansion at its Montgomery manufacturing facility will power the global automaker’s drive for future growth in the U.S.,” Governor Ivey said.