NVH Korea has announced plans to build a new facility in Locust Grove, Georgia. The automotive parts manufacturer will invest $72 million into the project, creating 160 new jobs in the process. The new facility will manufacture electric vehicle battery system components that are designed to protect, connect, and sense the performance of battery cells. According to the company, the new plant will supply parts to an array of U.S. automotive companies, including Hyundai Mobis, Kia Georgia, and Hyundai Motor Group. Production is expected to begin in 2024.
In a recent quote, Ja Kyum Koo, Chairman and CEO of NVH Korea, said, “We are pleased to announce that we have chosen the State of Georgia as our company’s first EV battery component manufacturing site. Cooperation between state agencies and our company staff has helped guide us throughout this project. It is the first step of our company’s effort to contribute to the electrification of the mobility industry, and we look forward to joining the community of Locust Grove and Henry County.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.