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Savannah to get $5.5B Hyundai Plant

Discussion in 'Too Hot for Swamp Gas' started by G8trGr8t, May 22, 2022.

  1. G8trGr8t

    G8trGr8t Premium Member

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    8100 jobs. Good time to own property/business in that area

    NC loses $5.5 billion, 8,100-job Hyundai manufacturing project to Georgia

    After weeks of speculation, car giant Hyundai Motor Group today officially announced plans to invest more than $5.5 billion in an electric vehicle and battery manufacturing facility in Savannah, Georgia.
    Multiple sources confirm Hyundai considered North Carolina before picking Georgia for the project, which is expected to deliver 8,100 jobs.
     
    • Informative Informative x 1
  2. oragator1

    oragator1 Premium Member

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  3. Trickster

    Trickster VIP Member

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  4. 108

    108 Premium Member

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  5. gatorchamps960608

    gatorchamps960608 GC Hall of Fame

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    Based on stories out of the Hyundai Alabama plant, it looks like one of the primary concerns is finding states where worker safety issues will be ignored.
     
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  6. exiledgator

    exiledgator Gruntled

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    Just to cover all the TH bases, this is an EV and Battery plant.
     
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  7. homer

    homer GC Hall of Fame

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    Curious if it will be near the port?
     
  8. danmann65

    danmann65 All American

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    I just spent a weekend in Savanah. Either I am getting older or the young are taking over the area.
     
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  9. jjgator55

    jjgator55 VIP Member

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    So businesses are dumping MAGA states for purple states now I guess.
     
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  10. homer

    homer GC Hall of Fame

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    I read that they like the color purple better than red.
     
  11. danmann65

    danmann65 All American

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    I am wondering about that. It seems that any state with a low tax base but a pro woman political standard would clean up in getting new factories.
     
  12. 14serenoa

    14serenoa Living in Orange and surrounded by Seminoles... VIP Member

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    With higher fuel costs, some companies may find benefits for shipping goods directly to East Coast ports. Savannah serves Atlanta distribution centers.
     
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  13. demosthenes

    demosthenes Premium Member

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  14. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Broke ground today. Impressive numbers the same as they announced this spring: $5.5 billion plant, 8,100 workers and 300,000 EVs a year in first phase.

    Hyundai breaks ground on massive Georgia EV plant
     
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  15. VAg8r1

    VAg8r1 GC Hall of Fame

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  16. tampagtr

    tampagtr VIP Member

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    You missed some:

    Savannah's Fascinating LGBT History

    But the City is home to the most entertaining sports team in the social media age

     
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  17. OklahomaGator

    OklahomaGator Jedi Administrator Moderator VIP Member

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    good news for Savannah and Georgia
     
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  18. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    You would think the benefits would spread beyond the immediate area. 300,000 vehicles a year must require a lot of parts built elsewhere and shipped in.
     
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  19. gatorpa

    gatorpa GC Hall of Fame

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  20. demosthenes

    demosthenes Premium Member

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    You don’t see the irony in red states like Georgia are getting a number of EV plants despite frequently vote against EVs and green measures, plus have lower EV ownership than purple and blue states? Hell, Georgia is even fighting the Rivian EV plant.