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Area Development - Site Selection, Facility Planning and Workforce Development

Swiss-Based GF Casting Solutions AG Plans Augusta, Georgia, Operations

05/07/2024
GF Casting Solutions AG, a division of Switzerland-based Georg Fischer AG, which produces lightweight components for the mobility and energy industries, plans to establish manufacturing operations in Augusta, Georgia. The $184 million project is expected to create 350 jobs in Richmond County.

The new facility, located at the Augusta Corporate Park, will produce cast aluminum parts, with a special focus on large structural components for the automotive industry. Operations are scheduled to begin in 2027.

“Building a High Pressure Die Casting Facility is a very long-term investment. The new facility will complete our footprint to become truly global in the e-mobility market,” said Carlos Vasto, President of GF Casting Solutions. “We are looking forward to bringing leading technology to the US and to creating advanced manufacturing jobs for several generations in Georgia. The location is ideal for addressing the thriving automotive industry in the region.”

GF Casting Solutions develops and produces parts made from aluminum, magnesium, iron, and super alloy for light vehicles, trucks, aerospace, energy, off-highway vehicles, and industrial applications.

“GF Casting Solutions is one of many fantastic companies we have worked with through our connections in Europe, facilitated by our physical presence with the State of Georgia’s Europe Office,” noted GDEcD Commissioner Pat Wilson. “European companies demonstrate a wealth of business experience, going back centuries in the case of GF, combined with an intentional focus on innovation that is driving the market forward.”

Assistant Director of Statewide Projects Virginia Sengewald and Project Manager Caroline Knowles represented the Georgia Department of Economic Development (GDEcD) Global Commerce team on this project in partnership with the Augusta Economic Development Authority, Georgia Power, State of Georgia Europe Office, and Georgia Quick Start.

“I want to thank the team at the Augusta Economic Development Authority for the great work they do not only in bringing in industries with new jobs, but also ensuring existing industries are valued and have the resources they need to grow. You can see the fruit of their labor in the transformation of Augusta Corporate Park over the last few years,” added Development Authority of Augusta Chairman Wayne Gossage. “I also want to thank Governor Brian Kemp and our statewide partners for the work they have done to continue to bring jobs to Georgia and make Georgia the No. 1 state to do business in. It is exciting to see these well-paying jobs coming to Georgia and especially Augusta-Richmond County.”

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