Hyundai Invests $50 Million in Michigan Safety Test and Investigation Lab

Date Published07/14/2022
Author NameNolan Beilstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyundai Motor Co
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):160
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):51.6
Country(ies) from which reshored:Korea, Republic of
City reshored to:Superior Township
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsafety testing,analysis with high voltage battery
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