'Tis the season for giving. And along those lines, Kia has announced that it will be delivering a hefty financial gift to the brand's Georgia-based plant this holiday. Of course, the investment will be spread out over several years, ensuring that Kia efforts in the south are alive and vital for many more festive seasons to come.
In fact, the community surrounding this location is so strong and interwoven that Kia has decided to focus on growing its plant's impact even more over the next 16 years. Company officials have committed to injecting a total of $1.6 billion in the West Point manufacturing facility over this period of time.
While the added fiscal support will certainly grow the number of new Kia models the Georgia plant can produce, it has more far-reaching benefits as well.
Governor of Georgia Nathan Deal proudly explains, "Kia has an exceptional track record of growth in our state. The wave of economic impact created by Kia's presence in Georgia goes far beyond the 10,000-plus jobs the company and its suppliers have created and will underpin the region's economy for generations to come."1
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Source: 1http://www.ajc.com/news/business/kia-motors-plans-16-billion-investment-over-16-yea/nTJBz/