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Filed under: Etc., Hyundai



Hyundai has announced plans to build a new North American headquarters in Orange County, California. The $150 million project will take nearly two years, create a projected 1,530 new construction jobs and generate a total economic impact of around $273 million. At least that's what the Los Angeles County Economic Development Corporation is hoping.

The Korean automaker is planning to start construction at its Fountain Valley Campus by mid 2011. The new facility will boast 500,000 square feet of both floor and garage space, effectively doubling the capacity of the current headquarters. Hyundai says that the building will be able to house a total of 1,400 employees - doubling the company's current workspace.

Hyundai has called Orange County home since it landed in America in 1985, and the company says that its new building underscores its commitment to the greater Los Angeles area. Hit the jump for the full press release.

[Source: Hyundai]Continue reading Hyundai building new California headquarters

Hyundai building new California headquarters originally appeared on Autoblog on Wed, 15 Sep 2010 13:33:00 EST. Please see our terms for use of feeds.



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