New Investments in Alabama: Hyundai and New Aerospace Supplier

July 17, 2010 at 11:55 am Leave a comment

Alabama Gov. Bob Riley announced Friday that Hyundai Heavy Industries will locate its first U.S. plant in Montgomery, bringing 500 jobs. The $90 million Hyundai Electrical Systems Alabama Inc. plant, which will be 220,000-square-feet on 100 acres in Montgomery’s Interstate Industrial Park, is one of two economic development announcements state officials are making this month.

Neal Wade, director of Alabama Development Office, said in a phone interview from France that a deal is being worked out to recruit an aerospace company to Huntsville, which would bring 300 more jobs to north Alabama. Gov. Bob Riley is joining Wade at the Farnborough International Airshow outside of London on Sunday to meet for two days with the aerospace company to negotiate a deal, Wade said.

Read more: Update: New Hyundai plant to bring 500 jobs – Birmingham Business Journal

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Entry filed under: Aerospace, Alabama. Tags: , , , , .

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