The Georgia Ports Authority says it handled a record number of automobiles on its docks last year. The state agency reported Tuesday that more than 775,000 autos and heavy machinery units moved through the Port of Brunswick in the 2023 calendar year.
Georgia Gov. Brian Kemp is telling world business leaders that the state must increase its supply of electricity produced without burning fossil fuels to meet industries' demand for clean energy. The Republican spoke Thursday on a panel focused on electric vehicles at the World Economic Forum in Davos, Switzerland.
Kemp is spending the week in Switzerland attending the World Economic Forum, meeting business executives and political leaders and taking part in discussion panels.
To fill the 1,454 regional vacancies expected by 2025, the study recommends training and recruitment programs for high school graduates: 84% of new hires currently have no more than a high school diploma.
Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers. Hyundai said Monday that it will raise factory worker pay 25% by 2028. That matches the general wage increase won by the UAW during that period.
More than 1.6 million Hyundais and 1.7 million Kias are at risk of engine compartment fires. Owners of the affected vehicles are urged to park them outside and away from homes and buildings.
Hyundai is rushing to start electric vehicle and battery production at a $7.6 billion complex in coastal Georgia, spurred by federal electric vehicle incentives that reward domestic production.
Georgia will give Hyundai Motor Group a projected $2.1 billion in tax breaks and other incentives to build electric cars and batteries in the state. That amount is up by nearly $300 million after Hyundai and battery make LG Energy Solution announced last month that they would raise their own investment at the complex west of Savannah by more than $2 billion.
Hyundai and LG Energy Solution are spending an additional $2 billion and hiring an extra 400 workers to make batteries at the automaker's sprawling U.S. electrical vehicle plant that is under construction in Georgia.
The home of Georgia Tech football has been renamed Bobby Dodd Stadium at Hyundai Field following a naming rights agreement between the school and the automaker. The Georgia Board of Regents says Hyundai will pay Georgia Tech approximately $55 million over 20 years for naming rights to the field.
The Georgia Ports Authority said Tuesday that the Port of Savannah handled 5.4 million container units of imports and exports in the 2023 fiscal year that ended June 30.
