Hyundai Motor Co., Korean car maker announces plan to invest $ 150 million to expand its North American headquarters in California
The current buildings in the in Fountain Valley are going to get a boost, other complex will also be constructed. This expansion makes to double the capacity of employees from 700 to 1,400, according to a statement.
"The new building will give us the flexibility to grow with our brand, reflect our modern design sensibility, and showcase our commitment to sustainability,” said John Krafcik, CEO of Hyundai Motor America, in the statement.
Hyundai said its investment will create about 1,500 new construction jobs and provide Orange County with $273 million in total economic output.