WEST POINT --Bulldozers are everywhere in this west Georgia community, hauling away huge piles of the region's rich red clay.
Apartment buildings, restaurants and hotels are sprouting up in what had been lazy hay fields, thanks in large part to the arrival of Kia Motors Corp. The South Korean company opened a sleek new training facility here Tuesday and will begin churning out economy cars when the main assembly plant opens in 2009.
The nation may be teetering on the brink of recession. But this rural region along the Alabama border - struggling since area textile mills shut down in the 1970s - is experiencing an economic boom.
"We have developers just coming out of the woodwork," Jane Fryer, president of the LaGrange-Troup County Chamber of Commerce. "The impact for this region is enormous."
Gov. Sonny Perdue personally courted Kia for years before the company agreed in 2006 to make Georgia home to its first United States plant. As he cut a ceremonial ribbon to mark the opening of the training facility Tuesday, Perdue called the planned $1.2 billion Kia auto assembly plant "the single largest economic development project in state history."
But landing Kia didn't come cheap. State and local officials promised Kia hundreds of millions of dollars in tax cuts and incentives to lure the company to Georgia.Economists predict the investment will be worth it. Five Kia suppliers have also agreed to relocate to the area, bringing with them another 2,500 jobs. The economic impact to Georgia is projected at about $4 billion per year, according to a Georgia Tech study commissioned by the Georgia Department of Economic Development.
And the hiring comes at a good time. The state's unemployment rate just ticked up to 5.3 percent, slightly above the national average. In a sign of the times,
43,000 people applied for the 2,500 jobs at the Kia plant.
http://www.macon.com/102/story/304487.htmlToo bad we can't build a manufacturing plant in Korea to make American automobiles, and get hundreds of millions in tax concessions. Oh, and KIA doesn't plan to let the UAW in either.
I wonder if Governor Sonny Boy has plans to work for KIA after politics???? Inquiring minds want to know.