Hyundai Motor Group (HMG) and SK On have selected a site for a new electric vehicle (EV) battery manufacturing plant in Bartow County. The project is expected to create 3,500 jobs with an investment of $4-5 billion, one of the largest economic development projects in Georgia history, according to a press release from the governor’s office.
“Hyundai Motor Group and SK On are valued partners and key players in our state’s ever-growing automotive industry,” Governor Brian Kemp said in a Thursday press release. “Since day one, my administration has been focused on bringing jobs and opportunity to communities across the state that may have been overlooked in the past. SK and HMG share this goal, and we’re proud they are choosing to invest even further in this number one state for business.”
SK On already has another Georgia plant with over 2,000 employees, and it has signed a memorandum of understanding with HMG to develop a partnership for the new plant. The announcement is the latest in a series of expansions HMG and its partners have announced in Georgia in recent months, including a $5.5 billion EV manufacturing plant in Bryan County and a $926 million EV power system plant. Kemp’s release says EV-related projects in the state since 2020 total $17 billion in investment.
“Bartow County is very pleased with the decision of Hyundai Motor Group and SK On,” Bartow County Sole Commissioner Steve Taylor said. “We thank the owners of the former Bartow Centre Industrial property. Together, we pursued this extraordinary economic development project. The project will have regional benefit for job seekers in the area and establishes Bartow in Georgia’s EV ecosystem in a significant way. With Bartow’s strong history and talent-base built upon advanced manufacturing, the automotive industry, and innovation, the battery partnership should thrive in this environment. We look forward to welcoming HMG and SK in meaningful ways in the community and enjoying a long-term partnership together.”
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