Hyundai plant may come to Mississippi Options

[Vinnie]

JACKSON, MS (WLBT) - This is the car that has Hyundai looking for new manufacturing capacity. The Sonata, which competes with Toyota Camrys and Honda Accords, is selling so well that Hyundai cannot make enough of them in Montgomery.

It is the number three selling automobile in the U.S. Also, the Elantra, made in Montgomery is also selling well. So they have started searching around trying to find a place for a new facility.

The fact that Mississippi is being considered, sort of slipped out in a conversation we were having with Mississippi Development Authority Director Leland Speed Thursday.

When we asked him point blank if Hyundai might be coming to Mississippi, this was his response.

"I'm not at liberty to discuss that at this point," Speed said.

Speed did tell us a constitutional amendment being voted on in November in Mississippi, on rights of eminent domain, could kill another auto plant if it passes. So it is possible a third automobile manufacturer could be coming to Mississippi following Nissan and Toyota.

[elantraGT5Speed]

Economically speaking, the more Hyundai plants in the US, the better prices we can get on parts for the cars being produced.. so this is great news.

[Vinnie]

Spot on with that. I'm hoping it happens.