Thursday, May 18, 2006

Kia Go or No-Go? Who Knows?

Georgia Digest, a great resource by the way, is reporting that that the Kia plant scheduled to be built in West Georgia, may be an indefinite no-go. Yet, there are conflicting stories. Here's what The Digest had to say:

The Atlanta Journal Constitution is currently reporting: Report: Kia delays construction on Georgia plant --- South Korea's Kia Motors Corp. says it is indefinitely postponing the start of construction of its $1.2 billion plant in west Georgia amid an ongoing probe into the firm and its parent Hyundai Motor Co, Reuters News service is reporting from Seoul.
However, the Atlanta Business Chronicle is reporting that: State and Kia: Georgia plant still a go --- Reports of the demise of Kia Motor Co.'s $1.2 billion car plant project in Georgia are premature, according to officials with the automaker and the state. Byung Mo Ahn, the Kia official overseeing the West Point, Ga., project's development, told the Georgia Department of Economic Development Thursday that the plant is still a go, said department spokesman Bert Brantley.

To read the entire AJC article, click here .

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