South Korea-Based PHA Plans Chatham County, Georgia, Manufacturing Plant

URLhttps://www.areadevelopment.com/newsItems/3-7-2023
SourceArea Development
Date Published03/07/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name PHA
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):402
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):67
Country(ies) from which reshored:Korea, Republic of
City reshored to:Chatham County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts for Hyndai
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
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