Kia To Build a Production Plant in Georgia
March 13th, 2006 by admin
Kia will build its first US production plant in Georgia
Kia will be investing $1.2 billion in their first production plant in the US.
The plant will be located in West Point, Troup County, Ga. and is expected to be completed in 2009. Georgia was competing with Kentucky and Mississippi to acquire the plant. Apparently, Sunny Perdue, Georgia’s Governor, offered incentives that could not be turned down.
The state promised various incentives that are worth 410 million dollars. These include free land and infrastructure, subsidies for the creation of new jobs, financial support for training workers and tax breaks.
Kia has seen exponential growth in America over the past few years, and they’re building this plant to demonstrate their longevity in and commitment to the American auto industry.
See Also
- Cottman and Amco Merge
Two of the largest auto mechanic shops merge - GM cuts pensions
GM does away with certian pension planes for employees - Need a Auto Warranty
You’re at the right place
Posted on Monday, March 13th, 2006 at 4:14 am
In Auto Warranty