Hyundai Construction Equipment Americas Inc under the Hyundai Heavy Industries Group on Wednesday (December 7, 2011) opened its new 217,000-square-foot headquarters in Norcross, Ga., which will bring 100 jobs to the area. During an opening ceremony, company president John Lim announced the company will in a few years build a manufacturing plant in Georgia, reported the Gwinnett Daily Post.
Georgia Gov. Nathan Deal joined state and local officials in Norcross Dec. 7 at the opening of Hyundai Construction Equipment Americas Inc.'s headquarters.
Gov. Nathan Deal said the new headquarters and announcement of a new plant show Georgia is a great place to do business, the Gwinnett paper reported.
The company, a subsidiary of Ulsan, South Korea-based Hyundai Heavy Industries Co., is moving its main offices from Elk Grove Village, Ill.
Hyundai Construction Equipment officials expect to invest $10 million in the new headquarters and create 100 jobs over the next five years. The 217,000-square-foot facility at 6100 Atlantic Blvd. will include warehousing and an employee training center.
"Our new headquarters here in Gwinnett will be ideal as we grow our business for the future," Lim said.
The site on Atlantic Boulevard will sell heavy equipment and house an employee training center.
No additional details were provided about the manufacturing plant.
Future plans include adding a manufacturing plant in Georgia in the next several years to build the company's excavators, forklifts and loaders.
John Lim, president of Hyundai Construction Equipment, said the state's logistical advantages prompted the headquarters relocation.
"We needed a facility that was strategically located not only for access to markets in the Southeastern United States, but to the rest of North America, and to South and Central America as well," Mr. Lim said in a news release.
Company Vice President Kirk Gillette added that tax incentives and the area's educated workforce were factors in the move.
The headquarters opening drew members of the Georgia Department of Economic Development, Gwinnett Chamber of Commerce and Gwinnett County Board of Commissioners, as well as Norcross Mayor Bucky Johnson.