# Hyundai TRANSYS to invest $240M in West Point transmission plant expansion

Hyundai TRANSYS will invest more than $240 million to expand its operations in West Point, Georgia, with a new 620,000-square-foot facility to produce eight-speed transmissions, creating 678 jobs.

- Type: Expansion
- Announced: 2020-12-01
- Where: West Point, Georgia, United States
- Value: $240.0M
- Jobs: 678
- Status: announced
- Products: eight-speed transmissions
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Transys](https://endata.com/companies/39515.md)

## Sources

- [locationgeorgia.com](https://www.locationgeorgia.com/2020/12/01/hyundai-transys-to-invest-more-than-240-million-in-west-point-expansion-create-678-jobs/), 2020-12-01: "Hyundai TRANSYS will invest more than $240 million in expanding their operations in Georgia, creating 678 full-time long-term positions at a new manufacturing facility in the West Point area."
- [news.monroelocal.org](https://news.monroelocal.org/companies-expanding-or-relocating-to-georgia-set-to-help-grow-the-states-economy/), 2020-12-30: "Hyundai TRANSYS, a world-renowned producer of automotive parts, to invest more than $240 million in expanding their operations in Georgia."

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