Another South Korean Hyundai supplier is setting up shop in Georgia. Hwashin is set to build a plant, investing over $176 million and hiring more than 460 employees. The company said it would build a plant in the middle of the state in Dublin, planning to start production in 2025.
The company will make metal pieces for auto chassis for both the new Hyundai Motor Group plant being built in Ellabell as well as for sister company Kia in West Point.
It’s the latest company to announce a plant to supply Hyundai’s $7.6 billion plant to assemble electric vehicles and batteries in Ellabell, near Savannah. The Hyundai plant, which was announced last year, could grow to 8,500 employees and could begin producing vehicles as early as 2024.
Suppliers to the latest Hyundai plant have pledged to invest more than $2.4 billion and to hire nearly 6,300 people.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.