Hyundai Transys to Invest $9 Million, Add 150 Jobs in Georgia Expansion

URLhttps://www.thomasnet.com/insights/hyundai-transys
SourceThomasNet
Date Published04/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyundai Transys
Parent companyHyundai Motor Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):9
Country(ies) from which reshored:Korea, Republic of
City reshored to:Westpoint
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredseats and seat foam pads for cars
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
Find Reshoring Articles