U.S. President Donald Trump announced on Saturday that German automaker Audi plans to invest $4.2 billion to build its first U.S. manufacturing plant in Macon, Georgia.
Audi confirmed the investment in a release, stating that construction is scheduled to begin next year, with production starting in the early 2030s and creating about 4,500 jobs.
The facility is projected to produce 200,000 cars a year as Audi establishes North America as a third major pillar of its global production network.