Gov. Kemp: Hyundai Motor Group and LG Energy Solution to Invest Additional $2B in Bryan County

URLhttps://gov.georgia.gov/press-releases/2023-08-31/
Sourcegeorgia.gov
Date Published08/31/2023

Additional Reshoring Information:

Company/Division name Hyundai Motor Company with LG Energy Solution
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):2000
Country(ies) from which reshored:Korea, South
City reshored to:Bryan County
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredbatteries for EVs
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, Impact on domestic economy, Skilled workforce availability/training
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