Kia To Open First U.S. Manufacturing Plant In 2009
Below is a MRR and PLR article in category Vehicles -> subcategory Cars.
Kia to Open First U.S. Manufacturing Plant in 2009
Overview
Kia Motors Corporation is set to establish its first U.S. manufacturing plant in West Point, Georgia, with an investment of $1.2 billion. The facility is expected to begin production in 2009 and represents a significant step for Kia in the North American market.
Expansion Details
The new plant will have the capacity to produce approximately 300,000 vehicles annually and will create around 2,500 jobs. Spanning 2,200 acres, this development highlights Kia's commitment to expanding its presence in the United States.
J.H. Lee, President and CEO of Kia Motors America, emphasized that the decision to build the plant underscores the company's confidence in boosting sales across North America. "The plant is crucial to achieving our sales goals over the next decade," he stated.
Additional Developments
Kia is also constructing a corporate campus in Irvine, California, expected to open in December 2006. This facility will feature a 65,000 square-foot design center. Over the past four years, Kia's investments in the U.S. have exceeded $300 million, leading to advanced research and development centers in Michigan and a custom-built vehicle facility in California.
Kia's Growth and Vision
Since its entry into the American market, Kia has developed a comprehensive product line and achieved 12 consecutive years of sales growth. Headquartered in South Korea, Kia Motors is Korea's oldest vehicle manufacturer, founded in 1944. With a focus on innovation, Kia aims to become a leading global automotive brand, leveraging new hybrid technologies.
Global Reach and Achievements
Operating in seven countries, Kia produces over 1.1 million vehicles annually, distributed through more than 600 dealerships across the United States and networks in 160 countries. With over 32,000 employees and annual revenues exceeding $15 billion, Kia continues to grow, supported by major sponsorships like the Australian Open and FIFA.
Kia Motors Corporation is poised for further expansion and innovation in the coming years, reflecting its dynamic growth and commitment to global excellence.
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