Source: Atlanta Business Chronicle
An automotive parts producer that specializes in transmissions says it will expand its Georgia operations with a $240 million investment that includes adding hundreds of new jobs.
Hyundai TRANSYS will build a 620,000-square-foot facility in West Point, near the company’s current location on the Kia campus, according to an announcement from Gov. Brian Kemp’s office. The facility will produce eight-speed transmissions for Hyundai Motor Company.
Hyundai TRANSYS says it’s the only automobile manufacturing company in the world that specializes in transmissions.
The new jobs include advanced manufacturing and management roles, as well as supplementary construction handling and inspection. This expansion will take Hyundai TRANSYS’ employment total in Georgia to 1,741 jobs, according to the release.
“The level of trust built through years of capital investment, employment, and training support – along with new opportunities unmatched by any other states – made Georgia a natural choice,” said President of Hyundai TRANSYS Georgia Powertrain Sangkil Jung in a prepared statement. “We are excited for the opportunities ahead as we expand our presence in the West Point community.”