Hyundai Motor Co. Ltd.’s forthcoming plant in Alabama will include engine manufacturing and stamping facilities as well as assembly capability, says Moo Koo Chung, chairman of Hyundai Automotive Group. Chung, who stresses the plant will be a complete manufacturing facility, says Hyundai initially may import some components. "But in a short period of time, we will localize as many parts as possible." The plant, which comes on line in 2005, will be among Hyundai’s most automated, highly ...
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