Greenville receives publicity courtesy of Montgomery Business Journal
Published 12:17 am Saturday, September 11, 2010
Greenville’s decision to aid Montgomery in securing Hyundai Heavy Industries’ commitment to the River Region continues to generate buzz in central Alabama.
Greenville Mayor Dexter McLendon is featured on the cover of the September issue of the Montgomery Business Journal, joining Montgomery County Commission Chairman Elton Dean Sr., Prattville Mayor Jim Byard, Montgomery Mayor Todd Strange, and Montgomery Chamber of Commerce Board of Directors Chairman Nimrod Frazer Jr. All five men are pictured holding a football with the HHI logo stamped across it and the headline “Touchdown, River Region!”
A four-page article, written by David Zaslawsky, discusses the contributions of Greenville, Elmore County and Prattville to Montgomery, and their help in securing HHI’s decision to locate in Hope Hull. The $90 million capital investment by the company will bring approximately 500 new jobs to the area.
“More than anything else, we believe in regional economic development and we are going to have to do more of that in this nation to be able for us to survive in small towns like Greenville,” McLendon is quoted in the article. “This is the first time Greenville has ever helped an area away from Butler County…but I think this is something we all need to do. Jobs are very, very difficult for us to get and to be able to get them is going to take all of us helping to make it work.”
Greenville’s commitment is $300,000 over a three-year period.
The company – which will be known as Hyundai Electrical Systems Alabama, Inc. – will manufacture 500-ton power transformers which will be sold to utility companies in the United States. According to the Business Journal, there is “huge market for the massive transformers” because of U.S.’s “aging infrastructure.”
A groundbreaking for the new company is Sept. 17 at 11 a.m.