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Manufacturing

Hyundai Alabama plans major investment with new Santa Fe SUV on way

MONTGOMERY, Alabama — Hyundai announced plans today to invest $290 million in upgrades at its Montgomery assembly plant as the facility prepares to build the next-generation Santa Fe sport utility.

Hyundai Motor Manufacturing Alabama (HMMA) officials announced the automaker’s investment plans at a ceremony at the plant, where they were joined by Governor Kay Ivey, Commerce Secretary Greg Canfield and local leaders.

As part of the project, HMMA will spend $190 million to retool and upgrade the plant’s production line for the fifth-generation Santa Fe SUV, while the additional investment will support production of other vehicles.

“Today, the legacy of the Santa Fe continues with HMMA investing $190 million dollars to prepare our assembly plant for the next generation of this popular SUV,” HMMA President and CEO Ernie Kim said at today’s announcement.

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