Search
 

State Makes Pitch for $1-Bil Hyundai Plant

DETROIT-State development officials travel to South Korea to present their case to

By Robert Carr | Updated on February 04, 2002

DETROIT-Michigan really wants a proposed $1-billion Hyundai plant, and it’sthrowing its hat in the ring as the only place that should matter to the South Korean automaker. However, the Detroit area has not been in contention for the new plant, and states to the south have been fighting harder for the new jobs.

The plant would produce 150,000 to 300,000 vehicles each year wherever the company finds the best benefit package, says Paul Krepps, a spokesman for the Michigan Employment Development Corp.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.