But they would still be considered a foreign company would'nt it?And Ford building in europe in mexico is still considered a Canadian / American company...I have never understood this...
Didn't we already invest in a plant for them in Quebec some time back?
In 1989, Hyundai Auto Canada Inc. opened a stamping and assembly plant in Bromont, employing 800. The 150,000 m2 plant was situated on an 850,000 m2 site, with body, paint and trim shops as well as a pumping station for the plant, a paint residue treatment plant, and administrative offices. The plant cost $387.7 million, with Quebec and Canadian federal government subsidies of $131 million.[10]The plant was designed to manufacture approximately 2000 Hyundai Sonata's per week.[10] Subsequently, Chrysler and Hyundai considered a joint venture that would have Chrysler rebranding the Sonata manufactured at Bromont — only to later announce the deal had failed. [11] The Bromont plant was operational for four years before it closed in 1994 — with Hyundai's sales unable to support the plant.[12] Hyundai subsequently sold the plant to Olymbec Inc.,[12] which in turn subdivided the plant leasing the former paint and assembly plant to Goodyear at beginning in February 2007 and later the former metal stamping portion of the plant to AAER Inc., a manufacturer of wind turbines based in Quebec.
Nope, not economically sound. And then add the CAW factor. Somewhere between their Alabama and Georgia Kia plants makes more sense.
Quote from: dougjp on January 18, 2011, 06:28:27 pmNope, not economically sound. And then add the CAW factor. Somewhere between their Alabama and Georgia Kia plants makes more sense. Why worry about the CAW, no union at Honda or Toyota plants