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SK innovation to invest another $940 million in Jackson County, Ga. and create 600 jobs

Christian Fernsby ▼ | June 26, 2020
Governor Brian P. Kemp announced that SK innovation, a developer and manufacturer of lithium-ion batteries for electric vehicles (EVs), will invest another $940 million to expand their manufacturing plant in Commerce, Georgia, creating 600 jobs.
Jackson county, Ga.
Georgia   Jackson County, Ga
This new project is in addition to the company’s $1.67 billion investment to develop two manufacturing facilities in Georgia that will deliver 2,000 jobs in Jackson County.

Topics: SK innovation invest jobs

In March 2019, SK innovation broke ground on their first Georgia manufacturing plant at Commerce 85 Business Park in Jackson County. The company will break ground on their second facility in July.

Due to increased interest in their electric vehicle batteries, SK innovation is expanding upon their original project and investing an additional $940 million to build a new 430,000-square-foot plant at the business park.

When complete, the Georgia location will be among the facilities in Europe and Asia that give SK innovation a projected annual global capacity of 71 gigawatt hours, making it one of the leading makers of EV batteries in the world.

SK innovation is a part of the SK Group, one of the largest conglomerates in South Korea. The company employs more than 6,500 individuals worldwide, and customers for SK innovation’s battery business include Volkswagen, Mercedes-Benz, Hyundai-Kia Motors, and Ford Motor Company.

Director of Korean Investment Yoonie Kim represented the Georgia Department of Economic Development’s (GDEcD) Global Commerce division in partnership with the Jackson County Development Authority and Georgia Power.