During the month of May, the Georgia Department of Economic Development (GDEcD) announced that three companies are investing a combined total of $1.59 billion to establish new business operations in the Peach State.
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A company specializing in industrialized manufacturing of buildings and homes plans to build its first U.S. manufacturing facility in Ware County.
ADMARES, which is from Turku, Finland, is relocating its headquarters to the U.S. and plans to create more than 1,400 jobs. According to a news release, the company intends to invest $750 million in its Waycross facility — a 2.5-million-square-foot build-to-suit facility — and has selected a greenfield site on Highway 23 in Waycross.
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A supplier of synthetic graphite anode materials for lithium-ion batteries plans to construct a manufacturing facility in Decatur County.
According to state officials, Anovion Technologies will create more than 400 jobs as part of the more than $800 million Bainbridge project.
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A manufacturer of lightweight advanced materials for sustainable technology plans to open a manufacturing facility in Cartersville.
Hanwha Advanced Materials Georgia, a subsidiary of South Korea’s Hanwha Group, plans to spend roughly $147 million on the facility, which will supply a Qcells facility in the Bartow County community. The company plans to create 160 jobs.
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Ford broke ground on BlueOval City, a new electric vehicle and battery manufacturing facility, on Friday less than a year after the company first announced the project.
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