S Korean firm plans $72M Georgia plant to make battery parts, hiring 140
A South Korean company will open a factory in suburban Atlanta to make parts for electric batteries.
NVH Korea said Thursday that it would invest $72 million in a plant in Locust Grove, south of Atlanta, hiring 140 workers. The plant will make sensors, connections and protectors for electric vehicle batteries, beginning operations in 2024.
Chairman and CEO Ja Kyum Koo said in a statement that it’s NVH Korea’s first venture into making components for electric batteries.
Based in Ulsan, NVH Korea is the 10th supplier to locate in the region after Hyundai said in 2022 that it would build a $5.5 billion plant to assemble electric vehicles and batteries in Ellabell, Georgia, near Savannah.
