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Korean manufacturer sites in Philly, sources globally

Korean manufacturer sites in Philly, sources globally

The city of Philadelphia scored a big economic win when developers announced that Rotem USA Corp., a division of South Korea’s Hyundai Motors Corp., will locate in brownfield site there to build railcars for the Southeastern Pennsylvania Transit Authority and other transit agencies.

   The company will rely heavily on global logistics capabilities to deliver car shells from South Korea, wheels and trucks from Pennsylvania and seats from China, the Philadelphia Inquirer reported.