First Hyundai Motor Group Supplier to Build Facility in Bulloch County

URLhttps://www.georgia.org/press-release/first-hyunda
SourceGeorgia USA (Department of Economic Development)
Date Published11/07/2022
Author NameAndrew Isenhour
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Joon Georgia Inc.
Parent companyAjin USA
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):630
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):317
Country(ies) from which reshored:Korea, Republic of
City reshored to:Bulloch County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAuto Parts
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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