South Korean auto supplier plans $72 million plant in Georgia to build electric vehicle parts

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South Korean auto supplier plans $72 million plant in Georgia to build electric vehicle parts
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A South Korean company plans to build a $72 million factory in Georgia to make parts for electric vehicles, hiring more than 140 workers.

and batteries in Ellabell, Georgia, near Savannah. The site could grow to 8,100 employees and is slated to begin producing vehicles in 2025.“Our state’s automotive industry employs over 50,000 hardworking Georgians and will continue to grow as e-mobility suppliers choose all corners of the state for the jobs of the future,” Georgia Gov. Brian Kemp said in a statement.

Daesol Ausys is scheduled to begin production in December 2024. Richardson said the company would pay $15 to $20 an hour. The state will pay to train workers. It also gave $500,000 last year to help Harris County clear and grade the site and build a road, funds the county matched using sales tax collections. The city of West Point and the county are granting eight years of property tax breaks, worth a projected $5.7 million, Richardson said. Daesol Ausys could qualify for $875,000 in state income tax credits, at $1,250 per job over five years, as long as workers make at least $31,300 a year.

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