Auto Plant In Bay Minette?

Jobs   A hybrid-electric automaker has chosen a site in Bay Minette to build cars. Now they just need the funding to get it started.
by Tiffany Craig
Published: Tue, September 22, 2009 - 5:10 pm CST Last Updated: Thu, September 24, 2009 - 12:48 pm CST
BAY MINETTE, Alabama - A major announcement is expected this week about a new car plant in Baldwin County.

News 5 has confirmed that the name of the company is Hybrid Kinetic Automotive (Motors). The company is owned by an exiled Chinese auto executive named Yong "Benjamin" Yeung.

Yeung's plan is to build a "full family" of affordable hybrid-electric cars on 3,000 acres in northeast Bay Minette, just east of Highway 287 and south of I-65.

According to published reports, the company would build a multi-billion dollar facility and hire some 5-thousand workers. Yeung wants to ultimately produce 1 million hybrids a year.

Alabama Governor Bob Riley is expected to make a formal announcement on Thursday morning in Montgomery.

This plan does have its skeptics. Even though the site has been chosen, the money to build the giant facility still hasn't been secured.
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Now wait a minute. If he gets his money from china he my very well go ahead with it. He may go ahead and try to commit the same crimes that got him put out of his country and lost all his money in the first place. Maybe Donald Trump will back him and trade in the blondes for a Hybrid china baby doll.  Big daddy like his Chung Pow Chicken sports coup

As a life long resident of lower alabama, this is another one of those projects where I’ll believe it when I see it!

This will never happen. I sure hate tying up this large industrial location with a project that dosen’t make economic sense. Even if the project does get off the ground, it will never reach the level being projected. I agree with BamaBob….something is fishy here.

RockinRich, I also digged some dirt and found the lawsuit ended and the company doing the deal in Tunica, MS changed its name to “GreenTech Automotive” from “Hybrid Kinetic Automotive Corp.” Guess what, the picture of the car here is acutually copied from GreenTech Automotive (http://www.wmgta.com), a company run by Hilary Clinton’s campaign chairman, multi-millionaire Terry McAuliffe, also former chairman of the democratic national committee. It’s website looks like that company already build the cars. If this Chinese automotive tycoon is really capable of building something in Alabama, he should at least show some his own stuff here.

Bigger than TK? The main difference is TK is actually building something. I’m ready to build on 10,000 acres and employ 8,000 if I could just get the money. Can anyone say “snake oil”

It will never happen~!

your right bob, something is. i have noticed a trend wehre the companies come to town, get huge tax breaks and even cash payments to build a plant and infrastructure, training facilities, they stay for a few years and then leave sometimes not even paying for the cost of the improvements they have obligated the tax payers to fund. it disturbs me greatly.orek vacums in gulfport, i will never buy one. many others. was reading about how one company wanted to use school board land for a retail shop, coudlnt get financing now they still want the land but want to use it for a re-supply center for fema. anything to get something for nothing that doesent belong to them. a few years go by and we have more empty land sitting out there.

Something about this comes across as very fishy. I sure hope Riley has done his homework.

good catch rich, i was up there a few weeks or months ago and remember hearing abuot it up there. sounds like a scam.

A search of “Hybrid Kinetic Automotive Holdings” brought to light a unraveling thread:
“Lawsuit confusion in Hybrid Kinetic Automotive’s new hybrid plant in (Tunica)Mississippi” <http://green.autoblog.com/2009/07/15/lawsuit-confusion-in-hybrid-kinetic-automotives-new-hybrid-plan>
Mississippi? Bay Minette? The Old Switcheroo? Gov. Riley’s Stimulus “Cash for Commies”?

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