Hyundai Motor Group
Business Facilities revisits its 2022 Deal of the Year winners as economic development organizations submit for this year's awards. Enter by November 15.
The 2022 Bronze Deal of the Year award goes to the Savannah Harbor-Interstate 16 Joint Development Authority for bringing Hyundai Motor Group’s $5 billion EV and battery manufacturing plant to Georgia.
In two automotive industry-related projects, Hyundai Motor Group and SK On EV battery plant will create up to $5B investment, over 3,500 jobs; Becker Robotic Equipment will invest $30M, create 137 jobs.
Hyundai Motor Group will invest more than $5.5B in the electric vehicle and battery manufacturing facility, which will be built at the Bryan County Megasite.