CT&T Considers AL, GA, NC, SC, & CA for Electric Vehicle Factory
22 Jul, 2009
Korean company eyes Alabama for electric vehicle factory A South Korean company is considering Alabama and four other states for electric vehicle manufacturing plants that the company estimates will create 2,600 jobs over the next five years. CT&T Company Ltd. plans to decide by September among sites in Alabama, Georgia, North Carolina, South Carolina and California, according to Curt Westlake, a spokesman for the company's U.S. branch. Westlake added that the sites will see full assembly of electric cars within 12 months. "While we are reviewing a number of locations for our operations, we are committed to having a major presence in the southeastern and West Coast regions," Young Gi Lee, CT&T's president and chief executive officer, said in a news release. The company said it plans to build a North American headquarters, a research and development center and several manufacturing facilities, which could be spread among multiple states or consolidated on one site. For the remainder of this article, please click on link below.