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00:02LG Energy Solutions said Tuesday that it has now halted the construction of its U.S. battery
00:06plants despite a September 4th immigration raid that temporarily detained hundreds of
00:10workers, according to the Wall Street Journal. Bob Lee, the company's North America chief,
00:14told reporters in Detroit that LG is working to ensure consumer commitments remain unaffected.
00:18These remarks filed a massive U.S. immigration raid in an LG Hyundai battery plant in Georgia
00:23that Hyundai's CEO said would delay construction by up to three months.
00:26The raid at the site, jointly owned by Hyundai, detained 475 workers, including over 300 Koreans,
00:32with 316 later flown home. The raid highlighted challenges Korean companies faced in securing
00:37U.S. authorization for skilled workers needing to build new manufacturing plants. Hyundai CEO
00:41Jose Munoz estimated the disruption would delay construction by up to three months.
00:46For all things money, visit Benzinga.com.
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