Hyundai Motor Manufacturing invests $290 million to upgrade Alabama SUV plant
Aug. 22, 2023
The facility will produce Hyundai’s fifth generation Santa Fe sport utility vehicles.
Hyundai Motor Manufacturing, LLC (HMMA) has announced plans to upgrade its plant in Montgomery, Alabama. The company will invest $290 million into the project, with $190 million designated for tooling and equipment upgrades. The facility will produce Hyundai’s fifth generation Santa Fe sport utility vehicles.
In a recent quote, HMMA President and CEO Ernie Kim, “Today, the legacy of the Santa Fe continues with HMMA investing $190 million dollars to prepare our assembly plant for the next generation of this popular SUV. An additional $100 million dollars will be invested to support ongoing production of the Tucson SUV and Santa Cruz Sport Adventure Vehicle.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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