Hyundai Confirms That Mississippi Is A Possible Site For New Plant

Hyundai Motor Company has confirmed what state officials have worked to keep secret -- Mississippi is on the Korean automaker's short list of potential plant sites.

State economic development officials had no immediate reaction to the revelation contained in a news release on Friday. Also in the running are Alabama, Kentucky, and Ohio.

Hyundai president Kim Dong-jin and other representatives recently toured the four states, and the company said Friday the initial phase of its evaluation process had ended. Mississippi economic development officials gave site tours to Hyundai officials earlier in the week, but declined to confirm that the tours were for representatives of the automaker.

Flight records inspected by the Associated Press identified the Hyundai representatives as "prospects'' and their business as "Project Beach.''

Mississippi Economic Development agency officials today didn't immediately respond to requests to identify potential plant sites in the state.

Hyundai, South Korea's largest automaker, plans to build a $1billion car assembly plant in this country that would employ two-thousand people. If Mississippi becomes Hyundai's choice -- the company would join Nissan North America, which is building a $930 million auto plant in Madison County that's scheduled to open next year.