Company/Division name | Hanon Systems |
Parent company | Hahn & Co. Auto Holdings Co., Ltd. |
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 ($): | 40 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Statesboro |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | automotive heating and cooling systems |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | $3.2 million state income tax credits |