Hyundai Supplier MOBIS Breaks Ground on $52M Expansion in Montgomery, AL
Friday, 4 October 2024, 08:37
Hyundai’s Expansion News
In Montgomery, AL, the automotive industry continues to flourish with Hyundai supplier MOBIS breaking ground on a significant $52 million expansion. This development will enhance local manufacturing capabilities and increase MOBIS' workforce beyond 1,500 employees.
Impact on Montgomery’s Economy
The expansion signifies an overall positive economic outlook for Montgomery, AL. With the total investment in the area reaching nearly a half-billion dollars, the local economy is set to benefit from increased employment opportunities and business vitality.
- Employment Growth
- Increased Investment
- Strengthening Local Manufacturing
- Support for Alabama's Business News
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.