Hyundai Motor Company has announced that it will in the United States to its Alabama plant investment 173 million, for the expansion of a car engine plant, the investment will create 214 local jobs.
Hyundai's Alabama production president Young Deuk Lim and Robert Bentley of Alabama with government officials announced that Hyundai will expand in the U.S. engine plant in Montgomery, Alabama (Montgomery) near the vicinity of the modern automobile assembly plant.
Hyundai Motor Company, said the expanded plant will be put into Nu engine engine to replace the current production of the Lambda engine, the entire investment is expected to be completed by the end of 2011, engine plant will be officially launched in March 2012. Ultimately, the car engine plant will reach 30 million units annual output.
It is reported that the engine will be equipped with modern Nu modern small cars in the Elantra (Elantra). In addition, the expansion of Hyundai Motor Company will carry on the Hyundai Santa Fe (Santa Fe) and Kia Sorrento and other models on the engine.
Earlier, Reuters had quoted an internal source of Hyundai Motor Company reported that Hyundai Motor plans to invest in factories in Bavaria Allah. But Hyundai Motor Company spokesman said the investment does not involve Hyundai car assembly plant capacity, the plant will only make additional investment in infrastructure.
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