Hyundai Supplier May Move to Montgomery

Officials in Montgomery expect a major announcement Tuesday from Korea-based Hyundai Mobis, an auto parts supplier for Hyundai Motor Company. The supplier is expected to locate a plant in Montgomery, bringing 350 to 400 jobs.

The supplier began its search for a plant site just after Hyundai Motor Company announced in April it would build a billion-dollar auto plant in Montgomery. H. M. Rhyoo, director of Hyundai Mobis Detroit, the U. S. branch of the Korean parts supplier, says the firm is negotiating with local officials on the final details.

Governor Siegelman's office had predicted a Hyundai Mobis announcement could come before the end of October. A Siegelman spokesman would not comment on the project Friday. No comment also from the Alabama Development Office. Hyundai plans to begin test production of cars at its Montgomery plant by late 2004.