Another South Korean auto parts company is set to build a plant in Georgia, investing more than $176 million. Hwashin Co. says Tuesday that it would build a plant in the town of Dublin and hire more than 460 employees. It plans to start production in 2025.
DUBLIN, Ga. — Another South Korean auto parts company is set to build a plant in Georgia, investing more than $176 million and hiring more than 460 employees.
Hwashin Co. said Tuesday that it would build a plant in the middle of the state in the town of Dublin, planning to start production in 2025. The company will make metal pieces for auto chassis for both the new Hyundai Motor Group plant being built in Ellabell as well as for sister company Kia in West Point.and batteries in Ellabell, near Savannah. The Hyundai plant, which was announced last year, could grow to 8,500 employees and could begin producing vehiclesBased in Yeongcheon, South Korea, Hwashin established a plant in Greenville, Alabama to supply Hyundai in 2003.
The state will pay to train workers. Hwashin could qualify for $9.2 million in state income tax credits, at $4,000 per job over five years, as long as workers make at least $31,300 a year. Local officials could also grant property tax breaks. The company is acquiring 60 acres from part of a larger site that local officials had already cleared and graded.
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