Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant

03/27/2023
Hanwha Advanced Materials Georgia, Inc., a manufacturer of lightweight advanced materials for sustainable technology, will establish a manufacturing facility in Cartersville, Georgia. The $147 million project is expected to create more than 160 jobs.

The new facility, scheduled for operations by Summer 2024, will be located at Highland 75 Corporate/Industrial Park and will supply Qcells with encapsulant film.

“The products we make are an important piece of the clean energy supply chain puzzle, and we are excited to meet this need,” said Inhwan Kim, CEO of Hanwha Advanced Materials. “Building our cutting-edge, advanced materials in Georgia will not only create new careers in solar but help bring more affordable, reliable clean energy to customers across the country.”

Hanwha Advanced Materials America, a subsidiary of the Hanwha Group, is part of the automotive division of Hanwha Advanced Materials Corporation. Based in Seoul, South Korea Hanwha Advanced Materials Corporation is a world leader in the manufacturing of construction materials, such as plastic floor materials and artificial marble, automotive components such as GMT, EPP, and interior decorations, and other plastics products such as packing materials and films.

“Hanwha Advanced Materials provides key components for the solar supply chain in Georgia, supporting our state’s commitment to making energy solutions more affordable to businesses and consumers,” said GDEcD Commissioner Pat Wilson. “Over the past five years, clean-tech jobs have been one of the fastest growing manufacturing sectors in Georgia. We are excited that Hanwha Advanced Materials will add another crucial part of the solar supply chain to Georgia’s already robust ecosystem.”

Project Manager Jacob Lee represented the Georgia Department of Economic Development’s (GDEcD) Global Commerce team in partnership with the Bartow-Cartersville Joint Development Authority, Cartersville-Bartow County Department of Economic Development, Georgia Electric Membership Corporation (Georgia EMC), and Georgia Quick Start.

Exclusive Research