5 new company moves to Georgia

It’s no secret that Georgia is recognized for its exceptional business-friendly environment. In fact, Site Selection has named it the number one state for doing business for nearly a decade consecutively. That kind of reputation undoubtedly attracts companies of all sizes to settle in the area every year, establishing headquarters, distribution centers, customer service operations and more, while other companies look to expand in the area. Here are some of the most recent big business moves to our fair city and its surrounding areas.

Gerresheimer

A manufacturer for the pharmaceutical and life science industry, Gerresheimer has plans to expand its manufacturing operations in Peachtree City. The project represents an $88 million investment in the area and will create more than 200 jobs in Fayette County. The new facility will be located in the Southpark International Industrial Park and will produce medical devices, including autoinjectors. Positions are open for everyone from skilled engineers and managers to administrative staff. The facility is expected to open in fall of 2024.

Hwashin

Korea-based Hwashin, an automotive parts company, will build a new manufacturing facility in Dublin, bringing more than 460 jobs and $176 million in investment to Laurens County. The company is a Tier-1 supplier with a specialization in crafting chassis and other vehicle body parts for an array of automobile makers. The new facility, which is scheduled to begin production in late 2025, will primarily manufacture cassis components for international original equipment manufacturers (OEMs), Hyundai Motor Group Metaplant America and Kia Georgia.

Hyundai Industrial Co., Ltd.

Global auto parts supplier Hyundai Industrial Co., Ltd., has announced that it will open a new manufacturing facility in Newnan in Coweta County. The project will bring more than $24 million to the area, as well as 100 new jobs. The supplier, which serves both Hyundai and Kia, specializes in manufacturing car seats, arm rests and head rests for OEMs, including Hyundai Motor Group Metaplant America. The new facility will occupy an existing building on Amlajack Way in Coweta and offer an array of production job opportunities.

Toyota Industries Corporation

Toyota Industries Electric Systems North America, Inc. (TIESNA) is expanding the Toyota Industries Corporation campus in Pendergrass with a new $69 million manufacturing facility. The project will create more than 250 jobs and allow Japan-based TIESNA to produce DC-to-DC converters, which convert high voltage to low voltage to supply power to auxiliary equipment. The company broke ground on the facility in November of 2023 and expects operations to begin in 2025.

U.S. Soccer Federation

U.S. Soccer has chosen Fayette County as the location for its new headquarters and first-of-its-kind national training center. The campus will create 440 new jobs and bring $228 million in investment to the area. In 2023, U.S. Soccer announced its plan to move its headquarters to metro Atlanta; the new national training center in Fayette County will serve all 27 of U.S. Soccer’s Men’s, Women’s, Youth and Extended National teams, as well as help to develop youth players, offer coaching and referee training and support the growth of soccer’s popularity across the country.