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| April 4 |
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Hyundai Welcomes Montgomery Mayor Bobby N. Bright and Delegation |
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- Visits Chairman Chung and pledges total commitment to ensure future success of HMMA
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(Seoul, Korea)
Montgomery Mayor Bobby N. Bright and a high level delegation of local county and chamber of commerce officials paid a courtesy call on Chung Mong-Koo, Chairman and CEO of Hyundai Kia Automotive Motor Group, at his office today and together pledged their full commitment to the success of Hyundai Motor Manufacturing Alabama (HMMA).
The officials included Montgomery County Commissioner Todd Strange, Berry Grant, Chairman of the Montgomery Industrial Development Board and Carlton Baker, Chairman of the Montgomery Chamber of Commerce.
Concluding a several month-long period of trial production, HMMA is scheduled to begin full scale operations this week with the first Sonatas scheduled for deliveries to U.S. dealer showrooms in May.
The first U.S.-manufactured Sonata debuted in January at the North American International Auto Show in Detroit.
The Montgomery, Alabama plant has been under construction since April 2002 and represents a US$1.1 billion investment for Hyundai. Capable of manufacturing 300,000 units annually, the plant complex includes a stamping facility, an engine shop where the all-new Lambda 3.3-liter V-6 engine is produced and a two mile-long test track. The plant alone will create over 2,000 new jobs while the 64 Hyundai suppliers who have invested some US$477 million in the state will create another 4,423 additional jobs.
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Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes over two dozen auto-related subsidiaries and affiliates. Employing over 50,000 people worldwide, Hyundai Motor posted US$26.1 billion in sales in 2004 (on a non-consolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai-motor.com
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