South Korean firm to build electric vehicle parts facility in Tennessee
SEOUL, Aug. 3 (UPI) — South Korea’s Hanon Systems announced it will build a new manufacturing facility in Tennessee that will create 600 jobs.
The company is slated to invest $170 million in a production facility to supply thermal solutions to electric vehicle makers with American manufacturing bases.
Hanon said Wednesday its product line would include heating ventilation, powertrain cooling, compressors, electronics, air conditioning, fluid pressure and fluid transport.
Earlier in the year, Hanon announced that it was investing $40 million to build a plant in Georgia that would produce parts used in electric vehicles by Hyundai, Ford and other global automakers.
Published August 3, 2023 2:25PM