Montgomery and the state are looking for ways to strengthen their relationship with Hyundai.
The delegation that traveled the 7,000 miles includes Ellen McNair and Labaron Boone with the Montgomery Area Chamber of Commerce, Montgomery County Commission Chairman Doug Singleton, City Cornelius “CC” Calhoun, Secretary of Commerce Greg Canfield and several others. They are meeting with partners from the Hyundai Motor Group, including Mobis and Glovis.
This is an important relationship for Montgomery and the state. One goal of the trip is to make sure Hyundai knows these leaders value the relationship. Hyundai has served as an economic engine for Alabama ever since it first began producing vehicle at its Montgomery plant in 2005. “If you look at Hyundai’s investment in Montgomery and Alabama as a whole, it’s really staggering. Since they announced in 2001 $3.5 billion in investment just here from Hyundai, and then you add another $1.5 billion in investment from the supplier impacts, statewide, an annual investment of about $10 billion in terms of economic impact to the state of Alabama as a whole, and so it’s tremendous,” said Anna Buckalew with Montgomery Chamber of Commerce.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hyundai Motor's South Korea union approves wage deal - union official By ReutersHyundai Motor's South Korea union approves wage deal - union official
Read more »
Hyundai Motor's South Korea union accepts 12% wage hike dealHyundai Motor Co and a union representing its South Korean workforce on Monday sealed a wage deal that will boost annual pay by about 12%, avoiding a strike and production losses at the company's biggest manufacturing base.
Read more »
South Korea's Yoon warns against Russia-North Korea military cooperation and plans to discuss at UNSouth Korea’s president says the international community “will unite more tightly” to cope with deepening military cooperation between Russia and North Korea, as he pushes to raise the issue with world leaders at the U.N.
Read more »
South Korea's Yoon warns against Russia-North Korea military cooperation and plans to discuss at UNSouth Korea’s president says the international community “will unite more tightly” to cope with deepening military cooperation between Russia and North Korea, as he pushes to raise the issue with world leaders at the U.N. General Assembly this week
Read more »