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~ , <br /> Planning <br /> j ~ ~ & Development <br /> Administration <br /> <br /> 1~, City of Eugene ' <br /> 72 Wesi Broadway <br /> Eugene, Oregon 97401 <br /> (503) 687-5443 <br /> FAX (503j 687-5572 <br /> Fact heet: Hyundai Electronics America <br /> The De ~ ils <br /> Hyundai lectronics America announced that it has purchased 210 acres in the Willow <br /> Creek 1'n ustrial Park for the purpose of constructing a 500,000 sgft manufacturing plant. <br /> Willow reek is owned by Joe Gonyea and family, long-time Eugene residents. <br /> i <br /> Hyundai lans to manufacture semi-conductors (computer chips). Company officials state <br /> they w to break ground on the building by July 1995 and start production within 24 <br /> months. a City has been advised that the total investment planned by Hyundai is <br /> projec to be $1.3 billion. The building has not been designed. <br /> Hyundai plans to employ 800-1,000 people in skilled and semi-skilled jobs at its west <br /> ~ Eugene lant. The company has secured an agreement with Zane Community College for <br /> job train g and intends to hire employees from within the state of Oregon. Company <br /> officials d Hyundai plans to pay wages comparable to other Oregon chip manufacturing <br /> plants. <br /> j VVhy d d Hyundai select Eugene? <br /> i <br /> Compan officials indicated quality of life and cost of operations were the overriding <br /> consid Lions that caused them to select Eugene from among several United States <br /> commu ties for construction of this plant. They also said access to a trained work force <br /> and to a owing American market of electronic and computer manufacturing companies <br /> made egon a good choice. <br /> How es this project fit with existing adopted plans'' <br /> i <br /> Form y years, City land use plans have called for industrial. development on this parcel in <br /> west Eu ene. The land is properly zoned; fundamental infrastructure is in place. The <br /> Hyun proposal is consistent with the build-out envisioned for this industrial park. Since <br /> the earl 1980s, the adopted economic development plans of the City have focused on <br /> diversi ing the local economy and on high technology as a desirable option for <br /> diversi tion of the local employment base. Computer-related manufacturing is also a <br /> targe industry in the state of Oregon's economic development strategy. <br /> t <br /> 1 <br /> <br />