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Hyundai announces $6 billion investment into US auto manufacturing plant

( March 24, 2025, 20:12 GMT | Official Statement) -- MLex Summary: Hyundai announced today a $6 billion investment into a steel plant to be manufactured in Louisiana, part of $21 billion investment in the US over the next four years."Today I'm pleased to announce an additional $21 billion in a new investment over the next four years, our largest US investment ever. A key part of this commitment is our $6 billion investment to strengthen the US supply chain, from steel parts to automobiles. We are especially excited about Hyundai Steel's multi-billion [dollar] investment in a new facility in Louisiana which will create 1,300 American jobs and serve as the foundation for a more self-reliant and secure automotive supply chain in the US."...

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