clear
Saturday May 28th, 2016 8:19AM

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 AccessWDUN.com
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
No injuries reported following Flowery Branch house fire
Hall County firefighters were called to the scene of a residential fire in the northern reaches of Flowery Branch Friday night.
9:39PM ( 10 hours ago )
AUDIO: Grilling safety tips to know ahead of Memorial Day weekend
With the Memorial Day holiday weekend approaching, the Afternoon News Wrap called upon Capt. Zach Brackett of Hall County Fire Services and Dr. Tawanna Strauther of the Northeast Georgia Physicians Group for some tips and tricks to help keep you safe if you plan on firing up the grill or barbecue.
By Afternoon News Wrap
9:28PM ( 10 hours ago )
Rape suspect apprehended during drug investigation
A Gainesville man was arrested Thursday during a drug investigation, and when he was processed through the jail it was revealed he was a DNA match in a years-old rape case.
5:42PM ( 14 hours ago )
Motorcyclist, driver injured in two-vehicle crash on Ga. 365
Those trying to get an early start on their holiday travel via Ga. 365 in Stephens County likely faced frustration Friday afternoon as a portion of the highway was shut down due to a crash.
5:25PM ( 14 hours ago )
Banks/Madison standoff suspect faces robbery, assault, hijacking charges
The Georgia Bureau of Investigation has released more details of Monday night's double shooting in Banks County and subsequent hours-long standoff in Madison County.
4:01PM ( 16 hours ago )