Monday February 8th, 2016 6:08PM

Korean company plans $10M plant in Oakwood

By Ken Stanford Reporter
OAKWOOD - The Georgia Department of Economic Development announced Thursday that Jinsung T.E.C, Inc., a Korean-based manufacturer, will locate in Hall County, creating 30 new jobs and investing $10 million over the next five years.

"Our state is gaining yet another quality company, and I look forward to the contributions it will make to one of Georgia's major industries," said Gov. Nathan Deal. "I am confident that Georgia's skilled workforce, high-performing logistics infrastructure and pro-business environment will serve this company well."

Jinsung TEC has been a leading producer of heavy construction equipment parts in Korea since 1982. The new location in Oakwood will supply idlers to the Caterpillar plant near Athens. Jinsung TEC will locate in Oakwood South Industrial Park on Rafe Banks Drive. Hiring will begin in July.

"We are very excited to make this announcement today," said Yoojeung Ha, Project Manager, Jinsung TEC. "We've been running a small warehouse operation in Georgia for six years. Now, we are ready to expand our capability to become a full manufacturing facility. The Georgia Department of Economic Development, Georgia Environmental Protection Division, and Greater Hall Chamber of Commerce have been a great help to make this transition possible and seem so effortless. We've made the right decision to call Oakwood, Georgia our new home."

"Hall County continues to grow its international business ties to Korea and the world, and Jinsung TEC is a welcome addition to our business community," said Kit Dunlap, President and CEO of the Greater Hall Chamber of Commerce.

"International businesses employ many Hall County citizens, they support our schools and community through their investment, and in many cases, they apply new technology requiring more advanced skills," said Dick Mecum, Chairman of the Hall County Commission. "Jinsung TEC of Korea is joining companies in Oakwood South Industrial Park from the United States, Italy, Germany, the Czech Republic and Japan."

Oakwood Mayor Lamar Scroggs noted, "In 1997, the City of Oakwood and Pattillo Industrial Real Estate shared a vision that Oakwood South Industrial Park would become a global business center, and it has exceeded our expectations. We welcome Jinsung TEC, and we appreciate the partnership with Pattillo, the Georgia Department of Economic Development, the Economic Development Council of the Greater Hall Chamber of Commerce and the utility companies."

"Pattillo congratulates Jinsung on their investment in Georgia," said Larry Callahan, CEO of Pattillo Industrial Real Estate. "Jinsung is part of a continuing trend of top tier international companies selecting Georgia as the right place to manufacturer their products. Our building is one catalyst to encourage this new investment but the credit goes to Jinsung for their confidence in the future, to the State of Georgia for the business friendly environment they nurture, to Georgia Power for their commitment to supporting business growth, Jackson EMC for providing competitive power to this facility and to Oakwood and the Greater Hall Chamber of Commerce for their relentless "can-do" attitude toward quality economic development."

Yoonie Kim, Senior Project Manager for the Georgia Department of Economic Development, partnered with Tim Evans, Vice President of Economic Development for the Greater Hall Chamber of Commerce, and Charles Stallworth of Georgia Power's Economic Development Division, to assist the company on behalf of the state.
© Copyright 2016
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US stocks post sixth straight year of gains
U.S. stocks ended a strong 2014 with moderate declines Wednesday.
4:43PM ( 1 year ago )
Palestinians push ahead in pursuit of war crimes charges against Israel
Stung by a resounding defeat in the U.N. Security Council, the Palestinians announced Wednesday that they joined the International Criminal Court to pursue war crimes charges against Israel.
1:57PM ( 1 year ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 1 year ago )
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 1 year ago )
Sheriff: Man shot 2 on I-85 because he wanted car
A 22-year-old man shot two people who stopped to give him a ride on Interstate 85 in South Carolina on Christmas Eve because he wanted their car to drive to Georgia, a sheriff said Wednesday.
5:21PM ( 1 year ago )
Local/State News
Former Clarkesville councilwoman announces bid for open seat
Former Clarkesville City Councilwoman Tina Courson Evans has announced she will qualify for the seat vacated when Barrie Aycock resigned to qualify for mayor.
4:25PM ( 1 hour ago )
Assault suspects subject of manhunt, one in custody
​A woman was behind bars Monday afternoon, a man remained on the run after authorities spent about a hour searching for him in connection with an assault on the woman's mother in Hall County earlier Monday.
2:26PM ( 3 hours ago )
Student charged in Franklin County High School threats
Officials are continuing their investigation into a threatened shooting at Franklin County High School in Carnesville.
2:18PM ( 3 hours ago )
Lane closures expected on I-985 for sign replacement
​Workers replacing changeable message signs on Interstate 985 are expected to temporarily close some lanes during the middle of the week, transportation officials said Monday.
1:30PM ( 4 hours ago )
Cornelia 'selling' North Fire Station site to collateralize loan
It's a confusing financial technicality, but the Cornelia City Commission has voted to proceed with advertising for sale the city's North Fire Station.
1:21PM ( 4 hours ago )