Reported 1 day ago
Hyundai Motor Co. announced a historic $20 billion investment in the United States, including a $5 billion steel plant in Louisiana, during an event at the White House. This marks Hyundai's largest U.S. investment and is expected to create over 1,400 jobs while producing 2.7 million metric tons of steel annually. The initiative aligns with President Trump's economic policies aimed at boosting American manufacturing, although challenges remain as the industry adapts to protectionist tariffs.
Source: YAHOO