Hyundai plant could have ripple effect

Published 12:00 am Wednesday, April 3, 2002

The ripple effect of Hyundai’s new $1 billion Hope Hull manufacturing plant are undeniable for Pike County and Troy.

And as Alabama reels from the euphoria of landing yet another major automobile manufacturing facility, it’s a good time for us to remember just what that facility will mean to Pike Countians.

Located less than 45 minutes from the 1,600-acre site, our community is ripe for providing a part of the 2,000-person workforce needed for the company’s first American manufacturing facility.

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Jobs there will be "good," the experts say, with some in-the-know leaders quoting hourly pay rates of up to $20.

With the closing of two major industries in Troy – Hudson and Ansell – the promise of new employment opportunities is encouraging.

More important, our location is ripe for development off spin-off industries.

These companies – which make everything from transmissions to seatbelts – actually supply the parts Hyundai will use in the assembly plant.

And they will bring hundreds of jobs; millions of dollars in capital investments; and an untold economic impact on the communities they will call home.

It’s the type of diversified industry we seek here. These manufacturing facilities will rely on ease of transportation; readily available materials, including plastics; a business-friendly community climate; economical utility rates; and an eager and trainable workforce.

We have all that, and more, as local leaders are quick to point out – to us and to prospective industries.

And we have the opportunity to capitalize on Hyundai’s big splash in Montgomery County.  

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