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

Hanon Systems Establishes Bulloch County, Georgia, Operations

05/26/2023
Hanon Systems, a global provider of automotive thermal and energy management solutions, plans to establish a manufacturing facility in Bulloch County, Georgia. The more than $40 million project is expected to create 160 jobs.

The new facility, located at Gateway Regional Industrial Park, will assemble automotive thermal solutions. Operations are scheduled to begin in May 2024.

“We are pleased to be contributing to the local economy of Bulloch County through job creation, and thank the State of Georgia and the cooperation between its agencies that has guided us throughout this project,”?said Min Sung, President and Chief Executive Officer of Hanon Systems. “Today’s announcement aligns with our strategy to support the industry shift toward electrification while growing our North America footprint.”

Hanon Systems Co., Ltd. is an automotive parts manufacturing company headquartered in Daejeon, South Korea. THe company is one of the world's largest suppliers of auto thermal management systems.

“In Georgia, suppliers like Hanon Systems are able to successfully support larger industry ecosystems, thanks to partnership-driven solutions ranging from workforce training to logistics systems efficiencies,”?noted GDEcD Commissioner Pat Wilson. “Bulloch County, as part of the Savannah Harbor-Interstate 16 Corridor Joint Development Authority, has been a part of this growing success story from the beginning. It’s rewarding to see how Georgia’s history of partnership continues to create opportunities for current and future generations.”

Director of Project Implementation and Supplier Strategy Alyce Thornhill represented the Georgia Department of Economic Development’s (GDEcD) Global Commerce team on this competitive project in partnership with the Development Authority of Bulloch County, Georgia Ports Authority, Georgia Power, and Georgia Quick Start.

“This announcement from Hanon Systems further solidifies Georgia’s position as a growing hub for auto manufacturing,”?added Georgia Ports Authority (GPA) Executive Director Griff Lynch. “At GPA, we are proud to support the operations of Hyundai Motor Group and its suppliers as they deliver jobs and opportunities for Georgia residents.”

“Statesboro-Bulloch County is honored by Hanon Systems’ decision to locate its new facility here,”?said Billy Allen, Chair of the Development Authority of Bulloch County. “We are excited to welcome another automotive supplier to our community, particularly one that will be working closely with the Hyundai Metaplant and the electric vehicle industry. This decision is another example of the resources offered by our community and region to help companies succeed.”

Share

Exclusive Research