A Korean developer and manufacturer of lithium-ion batteries for hybrid electric vehicles is pledging a major investment in northeast Georgia that would create more than 2,000 jobs, according to Gov. Nathan Deal’s Office.
Deal said Tuesday that SK innovation, a subsidiary of of the SK Group, one of the largest conglomerates in South Korea, is planning to invest $1.67 billion in a new manufacturing plant in Jackson County.
The proposed manufacturing plant would be constructed in two phases — each adding approximately 1,000,000 square feet of manufacturing space and including more than 1,000 advanced manufacturing employee hires, according to a news release. The exact location of the plant was not released.
SK innovation employs more than 6,500 individuals worldwide. Customers for SK innovation’s battery business include Mercedes-Benz and Hyundai-Kia Motors.
“SK innovation has been actively looking for a production base to secure competitiveness in the battery business in the major global market,” said Kim Jun, chief executive of SK innovation. “With our business in the hub of the global auto industry, we will grow as a top player in the battery business.”
Georgia has found success working with Korean companies of late, including the announcement in May that Hanwha Q CELLS Korea will create more than 500 jobs and invest $150 million in a new solar module manufacturing facility in Dalton.
“Georgia continues to maintain strong partnerships with Korean businesses and international industry leaders that lead to real results,” Deal said. “SK innovation’s decision to make this significant investment and create more than 2,000 jobs in Jackson County reflects Georgia’s reputation as a top destination for international businesses, especially those in the automotive supply sector. By choosing Georgia, SK innovation will have access to our skilled workforce and extensive manufacturing resources, while also joining a number of other Korean-affiliated companies that operate manufacturing facilities across the state.”
