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Hyundai Shows Off New $7.6B EV Plant Amid Tariff Announcement

William Attardi on March 31, 2025

Hyundai celebrated the opening of its new $7.6 billion electric vehicle factory in Georgia on Wednesday by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year. The newly announced Georgia expansion is part of $21 billion in U.S. investments over the next three years that Hyundai announced at the White House. Hyundai began producing EVs just shy of six months ago at its sprawling manufacturing plant in southeast Georgia. More than 1,200 people are working there. Hyundai employees worked the assembly line alongside hundreds of robots that stamp sheets of steel into fenders and door panels, weld and paint auto bodies and even park finished vehicles awaiting their final inspections. Hyundai Shows Off New $7.6B EV Plant Amid Tariff Announcement – electrifiED

SATCO Guaranteed Price Protection

William Attardi on January 29, 2025

As we navigate the evolving global trade environment regarding the possible impact of new import tariffs, we want to assure you that we have taken proactive steps in our supply chain management to protect pricing and ensure product availability during this uncertain time. Through strategic diversification of our production across multiple countries of origin and an increase in our inventory levels, we have fortified our supply chain to maintain stability and reliability. Therefore, we are committed to holding our current pricing in place through May 31, 2025.  Should trade dynamics change because of new tariffs or regulatory changes, resulting in the need to adjust pricing, a minimum of 60-day notice would be provided and would not go into effect prior to May 31st.  https://www.satco.com/ 

Remembering the Solemn Purpose of Memorial Day

Memorial Day is a federal holiday in the United States observed on the last Monday in May to honor and mourn U.S. military personnel who died while serving in the armed forces. The holiday traces its roots to the years immediately following the American Civil War (1861–1865), which caused massive casualties—roughly 620,000 soldiers dead, about 2% of the U.S. population at the time. Communities across the North and South began spontaneously decorating the graves of fallen soldiers with flowers, wreaths, and flags, a practice that gave rise to the original name: Decoration Day. On May 5, 1868, Major General John A. Logan, commander-in-chief of the Grand Army of the Republic (GAR)—a powerful Union veterans’ organization—issued General Order No. 11. This proclaimed May 30, 1868, as a nationwide “Decoration Day” to honor those who died in the Civil War. After World War I, the holiday expanded to honor all American service members who died in any war, not just the Civil War.  In 1968, Congress passed the Uniform Monday Holiday Act to create more three-day weekends for federal employees. This moved Memorial Day to the last Monday in May, effective in 1971, when it was also officially named “Memorial Day.” As one 1868 quote put it: “That Nation which respects and honors its dead, shall ever be respected and honored itself.”