Hanon Techniques to create $170 million plant in Tennessee

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The Loudon facility is the second one U.S. manufacturing facility introduced by way of the South Korean corporate this date. In Would possibly, Hanon Techniques excepted plans for a plant in Georgia, related Hyundai Motor Workforce’s next $5.5 billion production campus. The $40 million manufacturing facility might be inbuilt Statesboro, Ga., with plans to rent a minimum of 160 staff.

Loudon’s Hanon plant would be the corporate’s fourth deliberate location within the U.S. Hanon additionally has factories in Shorter, Ala., and Carey, Ohio.

A spokesperson for Hanon may now not be reached for remark Tuesday by way of Automobile Information.

Hanon, primarily based in Daejeon, South Korea, ranks Negative. 41 at the Automobile Information record of the supremacy 100 world providers with international gross sales to automakers of $6.7 billion in 2022.

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