Hyundai Motor Group

Hyundai Motor Group will invest $5.8 billion in a new manufacturing facility at RiverPlex MegaPark in Louisiana. Served by UP, it will be the company’s first North American steel facility to support its automotive manufacturing operations across the United States. (Map Courtesy of RiverPlex MegaPark)

Class I Briefs: UP, CN, NS

Hyundai Motor Group selects a Union Pacific (UP)-served site in Louisiana for its $5.8 billion steel manufacturing plant. Also, CN releases a Western Canadian grain report and will serve PlasCred’s planned recycling facility near Fort Saskatchewan, Alberta; and Norfolk Southern’s (NS) management team visits HOPE Atlanta.

Hyundai Motor Group expects to begin construction of its new electric vehicle and battery manufacturing plant at the Bryan County (Ga.) Megasite in January 2023, with full production expected in early 2025.

Hyundai to Launch EV, Battery Plant in Georgia

Seoul, South Korea-based Hyundai Motor Group will invest $5.54 billion to open its first dedicated full electric vehicle (EV) and battery manufacturing plant in the United States. It will be located in Bryan County, Ga., and served by Genesee & Wyoming’s Georgia Central Railway (GC).