🚗 The Gist: Governor Brian Kemp announced today that automotive parts supplier Hwashin will set up a new manufacturing facility in Dublin, creating 460 jobs and investing more than $176 million in Laurens County.
🤔 Why It Matters: This investment not only boosts local employment but also cements Georgia’s growing role in the electric vehicle and automotive parts industry.
❓ What’s Happening: Hwashin, a Tier-1 supplier known for chassis and body parts, will begin production in its new Georgia facility by late 2025. The facility will be located at the Georgia Highway 257 Rail Served Site, the state’s first Georgia Ready for Accelerated Development Select site.
🔍 Between the Lines: This project is part of Georgia’s broader aim to become a hub for the electric vehicle industry. In fiscal year 2023 alone, the state saw a 324 percent increase in job creation in the automotive industry compared to FY21.
🏃 Catch Up Quick: Hwashin has production facilities across Asia, South America, and the United States, and supplies to Hyundai, Kia, and other OEMs. The new facility will primarily focus on chassis components for Hyundai Motor Group Metaplant America and Kia Georgia.
🖼️ The Big Picture: The establishment of Hwashin’s new manufacturing plant is expected to have far-reaching impacts on the Dublin-Laurens County community, including job creation and potential growth in areas like housing and retail.