The South Korean company PHA, which makes latches, hinges and other parts for vehicle doors and hoods, will become the sixth major supplier to locate near a Hyundai Motor Group plant being built in coastal Georgia.
PHA announced Monday it would invest $67 million at a site about 15 miles west of Savannah, with plans to hire 400 workers. The company already has a plant in Montgomery, Alabama, near the Hyundai facility in that city.
Hyundai said in May it would build a $5.5 billion plant to assemble electric vehicles and batteries in Ellabell, Georgia. The site could grow to 8,100 employees and is slated to begin producing vehicles in 2025.
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