Hyundai creates 22,000 Alabama jobs, $3 billion in earnings, report finds

Hyundai Motor Manufacturing Alabama celebrated the launch of the all-new 2022 Santa Cruz Sport Adventure Vehicle on Tuesday, June 22, 2021.Hyundai has created up to 22,200 jobs and generated $3.06 billion in earnings in Alabama, according to a new report.

According to the report, Hyundai and its independent dealers in 2021 added $20.1 billion in private earnings to the U.S. economy, including $2.8 billion in federal and state taxes. The plant also produces more than a half-million engines, some of which power vehicles made at Kia’s assembly plant in nearby West Point, Ga.

According to the report, about 22,200 direct and indirect jobs comes from Hyundai in Alabama, meaning that there are 3.9 additional jobs in Alabama for every worker hired by HMA and its dealer network in state.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

S&P 500’s tech stocks slump, with Apple event failing to provide boost to the sectorThe S&P 500’s information technology sector wasn’t getting any help from Apple Inc. on Tuesday afternoon, after the tech giant’s highly-anticipated marketing...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

S&P 500 sector correlations are low, a welcome sign for 2023 bull market, says DataTrekU.S. stocks remain in a strong bull market despite recent choppiness, as the correlations between 11 S&P 500 sectors and the major index are sending some...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »