Industry Trends: Business & Industry

Hyundai Announces $33M Expansion
Business & Industry

Hyundai Announces $33M Expansion

Hyundai Power Transformers USA (HPT) recently announced plans to invest $33 million to increase production at its manufacturing facility in Montgomery, Alabama. Besides creating a smarter factory that will boost power transformer production by 60 percent, 86 jobs will be created.

The expansion will include a new training facility to help enhance worker skills, which will also improve...

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