Hyundai Supplier Plans $76M Georgia Plant, Hiring 500
Savannah, Ga. (AP) — A Hyundai Motor Group supplier announced Wednesday that it will invest $76 million in a new plant near Savannah to manufacture parts for the automaker’s upcoming in plant in nearby Ellabell, hiring more than 500 workers.
Seoyon E-HWA said it will build the plant to make interior and exterior parts including door trim, headlining and tailgate trim. The company plans to start production in October 2024.
The company already has a plant with 630 employees in LaGrange, near Hyundai’s plant in Montgomery, Alabama, and Kia’s plant in West Point. Seoyon E-Hwa operates 32 units worldwide.
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Trip Tollison, president and CEO of the Savannah Economic Development Authority, said the jobs would be “well paying,” but didn’t say how much workers would earn.
The company already imports parts through Savannah’s port to supply its LaGrange plant.
The state will pay to train workers, but the total incentive package from state and local governments was not immediately clear Wednesday. Seoyon E-HWA could qualify for more than $3.1 million in state income tax credits, at $1,250 per job over five years, as long as workers make at least $31,300 a year.
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