“HYUNDAI MOTOR MANUFACTURING ALABAMA, LLC
Welcome to Hyundai Motor Manufacturing Alabama, LLC (HMMA), Hyundai’s first assembly and manufacturing plant in the United States. This $1.4 billion automotive plant is one of the most advanced assembly plants in North America.
HMMA currently provides employment for more than 2,700 people who are building Hyundai’s 2009 Sonata sedan and 2009 Santa Fe sport utility vehicle (SUV) at the Hyundai Alabama plant.”
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2700 jobs huh? Big deal, we’ve been losing that many jobs in US factories every few months for 10 years and now we lose that many every week (or is it everyday?). SO foreign companies throw us a little bone, give us a few jobs and its cool to send our money to their country and to buy all those Hyundais still built in Korea.
It’s hard to get exact figures but from what I can tell from various Hyundai press releases they sell somewhere around 500,000 cars here and they only have capacity to build 100,000 in the USA (from mostly Korean parts). So whoopee! 400,000 of those cars that you good American consumers buy are still built in Korea.
And 100% of the profit from all 500,000 go to improving Korea’s economy.
