SK Innovation will expand plans for its second electric vehicle battery manufacturing facility in Commerce, Ga. with an added $940 million investment.
The project is an addition to the South Korean battery maker's previously announced $1.67 billion investment in the state, according to a June 25 news release by Gov. Brian Kemp.
The expansion will add another 600 jobs to the state, the release said.
SK Innovation's total investment amounts to $2.61 billion and will add up to 2,600 jobs, Marie Gordon, director of communications for the Georgia Department of Economic Development, confirmed in an email to Plastics News.
The company broke ground on its first plant in Georgia, which is still under construction, in March 2019. The second facility, with construction expected to begin in July, will exist on the same site.
"Georgia is cementing its place as the Southeastern U.S. hub for the electric battery and vehicle market in large part thanks to SK innovation, and it is exciting to see the growth in demand for these quality products," Kemp said in the release.
"SK Innovation's solid partnership with Georgia will allow SK to continue investing in Georgia, the U.S. economy and the U.S. electric vehicle industry," Jun Kim, CEO of SK Innovations, said. "SK Innovation looks forward to working with our partners on an expanded project that creates even more jobs for the local community and supports advancements that help keep America on the leading edge of a fast-growing industry."