Hyundai Transys to invest $9 mn to expand seating production in Georgia

2021.04.08 14:48:33

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Hyundai Transys, an automotive parts producing unit under Hyundai Motor Group, announced Thursday it will invest $9 million in expanding its seating manufacturing plant in Georgia, the United States.

The investment plan came after Hyundai Motor and Kia reported sales growth in the first three months this year in the U.S. amid faster-than-expected recovery of global demand for automobiles.

Previously, the company announced a $240 million investment plan for expansion of its powertrain plant in Georgia in December last year.

Hyundai Transys Georgia Seating System in West Point, Georgia produces seats and seat form pads for vehicles like Hyundai Santa Fe and Kia Sorento.

Georgia Governor Brian Kemp thanked the decision in a statement, saying “I thank Hyundai Transys Georgia Seating System for continuing to invest in Georgia, and I look forward to seeing the opportunities this expansion creates in Troup Country.”

Jung Sang-kil, president and CEO of Hyundai Transys Georgia Seating System, also raised expectation on “the new opportunity ahead” as it expands its presence in the West Point community and said “we’re proud of our partnership with the State of Georgia.”

By Lee Ha-yeon

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