Hyundai Santa Cruz Truck Confirmed For U.S., Will Be Built In Alabama

URLhttps://www.motor1.com/news/382161/hyundai-santa-c
Sourcemotor1.com
Date Published11/13/2019
Author NameChristopher Smith
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyundai Motor Manufacturing Alabama
Parent companyHyundai Motor Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Country(ies) from which reshored:Korea, Republic of
City reshored to:Montgomery
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredcompact utility trucks
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training
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