# Hyundai to invest $292 million in Alabama plant for new vehicles and engine

Hyundai Motor Manufacturing Alabama announced a nearly $300 million investment in new machinery and equipment for its Montgomery factory to support production of redesigned Elantra and Santa Fe vehicles and a new Theta engine. Projects start in November 2019 and complete by April 2020.

- Type: Investment
- Announced: 2019-09-24
- Where: Montgomery, Alabama, United States
- Value: $292.0M
- Starts operating: Apr 2020
- Status: announced
- Products: Elantra vehicles, Santa Fe vehicles, Theta engine
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Manufacturing Alabama](https://endata.com/companies/32219.md)

## Sources

- [assemblymag.com](https://www.assemblymag.com/articles/95212-hyundai-to-invest-another-292-million-in-alabama-plant), 2019-09-24: "HMMA’ says the projects will start in November and be completed by April 2020."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.