Kia Motors investment seen as signal of stability
Nov 29, 2012 | 879 views | 0 0 comments | 4 4 recommendations | email to a friend | print
A South Korean woman walks by a service center of Kia Motors in Seoul, South Korea, Tuesday, Sept. 7, 2010. (AP Photo/Ahn Young-joon)
A South Korean woman walks by a service center of Kia Motors in Seoul, South Korea, Tuesday, Sept. 7, 2010. (AP Photo/Ahn Young-joon)
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WEST POINT, Ga. (AP) — Local officials say Kia Motors' investment of $1.6 billion in new equipment and upgrades at its auto assembly plant give it greater stability and signal its long-term future in the west Georgia city.

Company executives and government officials this week announced plans to invest $1.6 billion on new machinery, tools, equipment and other production-enhancing technology over the next 16 years to meet demand for vehicles in the U.S.

West Point Mayor Drew Ferguson tells the Columbus Ledger-Enquirer that the investment gives the company the ability to grow its supplier network in the region. Ferguson said that's "vitally important" and will lead to more job creation.
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