West Point:Dalton U.S. President Donald Trump highlighted Hyundai Transys Inc.'s significant investment plan during a campaign rally held in Georgia. The South Korean automotive parts maker plans to invest nearly $560 million to expand its operations in the state.
According to Yonhap News Agency, the investment will involve upgrading two existing manufacturing facilities and constructing a new plant in West Point, Georgia. This expansion is aimed at increasing the production of hybrid vehicle powertrains and is expected to create 320 new jobs.
The announcement of this investment plan was made last week by Georgia Governor Brian Kemp's office. President Trump underscored this development as part of his broader economic agenda while addressing supporters in Dalton, Georgia.