Hyundai Invests $20B in U.S. Manufacturing

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US MANUFACTURING

Fox Business

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Technology

Hyundai to invest $20B in US manufacturing

Summary

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78% Informative

Hyundai plans to invest $20 billion to bring manufacturing operations to the U.S. Part of the investment will go toward building a next-generation steel plant.

The money will be used in two of the automaker's plants and will employ 1,500 people.

The automaker is the latest among a growing number of companies announcing plans to increase investment in the US under the Trump administration.

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formal

Language

English

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not offensive