Automotive parts manufacturer NVH Korea Inc. is investing $72 million to establish a new Locust Grove, Ga., EV battery component facility.
"We are pleased to announce that we have chosen the state of Georgia as our company's first EV battery component manufacturing site," Ja Kyum Koo, chairman and CEO of NVH Korea, said in a June 22 news release. "It is the first step of our company's effort to contribute to the electrification of the mobility industry."
The new facility will supply battery components "that protect, connect and sense the performance of battery cells for electric vehicles" the release said, for Hyundai Mobis, Kia Georgia and Hyundai Motor Group.
The company expects to create about 160 jobs as a result of the new operations, which are expected to begin in the second quarter of 2024.
NVH Korea did not immediately respond to inquiries for comment by Plastics News.
Ulsan, South Korea-based NVH makes automotive noise, vibration, and heat-control parts at locations in South Korea, Europe and India. The company also operates a manufacturing facility producing floor mats, cargo mats, and cargo trays in Georgia.