Company/Division name | Hanwha Advanced Materials Georgia, Inc. (HAGA) |
Parent company | Hanwha Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 160 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 147 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Cartersville |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | encapsulant film for solar panels |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Lean/other business process improvement techniques, Proximity to customers/market, Skilled workforce availability/training, clean energy supply chain |