Seohan Auto Georgia, a developer and manufacturer of automobile parts, will create at least 180 new jobs and invest more than $72 million in a new manufacturing facility in Liberty County.
“The Hyundai Metaplant is and will continue to be an economic driver for the entire region, creating more jobs for hardworking Georgians in communities like Liberty County,” said Governor Brian Kemp on April 11.
Seohan Auto Georgia Corporation is a Tier-1 automotive parts supplier for Hyundai Motor Group America.
The corporation is based in South Korea and is a new subsidiary of Korea Movenex Co., Ltd which was established in 1974 and employs more than 2,800 employees globally.
“Sustained growth of the EV market over the past few years suggests that accelerated changes to the automotive market is inevitable. We believe Georgia will be the center of the EV industry, and will be a new frontier for Seohan's future with limitless opportunities and potential,” said Jung Kee Koo, CEO of Seohan Auto Georgia Corporation.
Seohan’s new facility in Georgia is scheduled to begin production in late 2024. It will be located at the Dunwoody Court Site in the Tradeport East Business Center.
“We are pleased that Seohan has selected Liberty County as their location in which to grow globally. We look forward to working with them in assuring a very successful venture for their new advanced manufacturing project,” said Allen Brown, chairman of Liberty County Development Authority.
The new manufacturing facility will produce H/shafts, axles, and brake systems for OEMs, including Hyundai Motor Group Metaplant America.
“The ongoing transition to e-mobility and sustainable technology creates a window of opportunity for companies and states that remain on the forefront, and we are excited to work with Seohan to provide solutions to this developing industry,” said Georgia Department of Economic Development commissioner Pat Wilson.
On October 25, Hyundai Motor Group Metaplant America officially broke ground in neighboring Bryan County on its first fully dedicated EV and battery manufacturing facility.
In addition to Hyundai's direct contributions to the region, offsite suppliers connected to the project were predicted to invest approximately $1 billion in other locations around the state. Projects announced to date have already exceeded this amount by nearly $1 billion.
“Innovation across the automotive industry is happening at a breakneck speed, and companies are focused on keeping up with new technology and increasing market demand. Communities that invest in speed-to-market solutions, like Liberty County with the Tradeport East Business Center, gives Georgia a leg-up over competitors,” said Wilson.
Building on the assets that make the automotive industry successful, Georgia is positioned as a hub for the electric mobility industry.
Since 2020, more than 35 EV-related projects have announced more than $21 billion in investment and 27,800 jobs in Georgia.
