Hyundai is embarking on a $150 million expansion of its Orange County, California headquarters, allowing it to double in size from 700 to 1400 employees.
"This investment ensures that Orange County will remain Hyundai's U.S. hub, with our headquarters in Fountain Valley, for the foreseeable future," said John Krafcik, president and CEO, Hyundai Motor America. "The new building will give us the flexibility to grow with our brand, reflect our modern design sensibility, and showcase our commitment to sustainability."
The move to expand its facilities and double its workforce amid a recession indicates Hyundai's confidence in their continued growth. Their new building will also be LEED certified, an increadingly common move among new structures in North America. Employees will move to a temporary work space while the company constructs its new offices.
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