DLA Piper advised Hyundai Transys Georgia Powertrain in its connection with its nearly US$560 million manufacturing expansion in West Point, Georgia, including the negotiation of related economic development incentives.
Hyundai Transys is a global automotive parts company specializing in powertrain and seating systems. The expansion is expected to create 320 new jobs and includes upgrades to Hyundai Transys Georgia Powertrain’s two existing plants, construction of a third plant, and additional production capacity for electrified powertrains used in hybrid vehicles.
The DLA Piper deal team was led by Partners DK Donghyun Kim (Atlanta) and Stephanie Yarbrough (New York), and included Partner Kathryn Grasso (San Diego), Of Counsel Louis Oliverio (Philadelphia), Associate Dallin Johnson (San Diego).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been ranked number one in global M&A volume for 16 consecutive years by Mergermarket.
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