reSee.it Video Transcript AI Summary
Over the next four years, there will be an additional $21 billion investment, the largest US investment ever. A key part of this is a $6 billion investment to strengthen the U.S. supply chain, from steel and parts to automobiles. Hyundai Steel is making a multibillion investment in a new facility in Louisiana, creating 1,300 American jobs.
A new $8 billion auto plant in Georgia is opening, increasing US vehicle production to exceed 1,000,000 units per year. The decision to invest in Savannah, Georgia, creating more than 8,500 American jobs, was initiated during a 2019 meeting with President Trump in Seoul.
HMG will purchase $3 billion worth of US LNG to support America's energy industry and enhance energy security. These efforts will accelerate the localization of the supply chain in the US, expand operations, and grow the American workforce.