Press Releases

Governor Kay Ivey joined executives of Hyundai Mobis, one of the world’s largest auto suppliers, to announce the company’s plans to invest $205 million to open an EV battery module plant in Montgomery that will eventually employ at least 400 people. Read more

During a ceremony at the Alabama Capitol this afternoon, officials with Hyundai Motor Manufacturing of Alabama (HMMA) said workers will assemble the Santa Cruz compact utility vehicle at the Montgomery facility, beginning in 2021. Hyundai said the $410 million investment will create additional 230,000 square feet of space in the stamping, welding and parts processing areas of the manufacturing complex. While direct employment at HMMA will increase by 200 jobs, Hyundai projects that its local suppliers and logistics companies will employ an additional 1,000 people in Montgomery and the River Region. The new expansion project punctuates a period of fertile growth for HMMA. On Nov. 1, the facility began mass production of the redesigned, eighth-generation Sonata sedan. Hyundai intends to begin filling the new positions being created by the latest expansion project during the second half of 2020. Read more