Korean Lithium-Ion Battery Recycler SungEel HiTech to Build First U.S. Recycling Facility, SungEel Recycling Park Georgia

Date Published08/18/2022

Additional Reshoring Information:

Company/Division name SungEel Recycling Park Georgia, LLC
Parent companySungEel HiTech Co., Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):104
Year reshoring announced:2022
Capital investment ($):37
Country(ies) from which reshored:Korea, Democratic People's Republic of
City reshored to:Toccoa-Stephens County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredBattery recycling and materials
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Skilled workforce availability/training
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