(The Center Square) — State officials on Thursday said Hyundai Motor Group and LG Energy Solution plan to invest an additional $2 billion in a battery cell manufacturing joint venture in Bryan County.
The companies announced a memorandum of understanding to create the joint venture in May, but state and federal politicians haggled over whether the investment was part of one Hyundai announced in May 2022.
kAm{2DE J62C[ wJF?52: D2:5 :E 925 k2 9C67lQ9EEADi^^HHH]E9646?E6CDBF2C6]4@>^86@C8:2^9JF?52:E@3F:=57:CDE6=64EC:4G69:4=6A=2?E:?86@C8:23FE@77:4:2=D>F>@?:?46?E:G6D@776C65^2CE:4=605b7d524g5gg_“64h`6g`3bg53ad3dfd]9E>=Q E2C86ElQ03=2?<QmkDEC@?8mD6=64E65k^DEC@?8mk^2m v6@C8:2 7@C :ED 7:CDE 7F==J 565:42E65 6=64EC:4 G69:4=6 2?5 32EE6CJ >2?F724EFC:?8 724:=:EJ] w@H6G6C[ E96 4@>A2?J 5:5 ?@E ?2>6 E96 32EE6CJ >2?F724EFC:?8 A2CE?6C]k^Am
kAm~77:4:2=D AC6G:@FD=J D2:5 E96 AC@;64E C6AC6D6?E65 2 Sd]d 3:==:@? Q:?G6DE>6?E]Q %96 ?6H DA6?5:?8 3C:?8D E96 E@E2= E@ ?62C=J Sf]e 3:==:@?]k^Am
kAmQ%96D6 EJA6D @7 >2;@C :?G6DE>6?ED F=E:>2E6=J 8@ E@ 92C5H@C<:?8 v6@C8:2?D 😕 E96 7@C> @7 A2J4964<D[ :>AC@G65 D49@@=D 2?5 :?7C2DECF4EFC6[ 2?5 >@C6[Q v@G] qC:2? z6>A[ 2 #6AF3=:42?[ D2:5 😕 2? 2??@F?46>6?E]k^Am
kAm%96 ;@:?E G6?EFC6 H:== 36 =@42E65 2E E96 a[hab24C6 wJF?52: |@E@C vC@FA |6E2A=2?E p>6C:42[ 4FCC6?E=J F?56C 4@?DECF4E:@? 2=@?8 x?E6CDE2E6 `e] ~77:4:2=D ?@H D2J E96 AC@;64E D9@F=5 4C62E6 g[d__ ;@3D[ :?4=F5:?8 2? 255:E:@?2= c__ ;@3D E92E 2C6 A2CE @7 E96 :?4C62D65 DA6?5:?8 A=2?]k^Am
kAmv6@C8:2 8@G6C?>6?ED 2?5 56G6=@A>6?E 2FE9@C:E:6D @776C65 >@C6 E92? S`]g 3:==:@? 😕 k2 9C67lQ9EEADi^^HHH]E9646?E6CDBF2C6]4@>^86@C8:2^2CE:4=60d7d3g`ha_4d6“65gcd2573_5c63df5d]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m:?46?E:G6Dk^DEC@?8mk^2m 7@C E96 AC@;64E] xE 😀 F?4=62C H96E96C E2IA2J6CD H:== 36 @? E96 9@@< 7@C 255:E:@?2= :?46?E:G6D E@ =FC6 E96 ?6H Q:?G6DE>6?E]Qk^Am
kAmu@==@H:?8 E96…
Read the full article here