Japanese Company To Build an HQ In the US

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The Japanese manufacturer of copper foil, used in the manufacturing of printed circuit boards and electronics is planning to build its North American headquarters in Georgia. The announcement was made by Governor Brian Kemp on Wednesday. The Japanese business is making an initial investment of $150 million on a 115-acre site in Richmond County. Eventually, the company will expend around $430 million on a headquarters and manufacturing plant, creating 250 jobs during the following five years.

Denkai America’s products have usually been used in printed circuit board applications, primarily for the aerospace and defence industries, but are also now used in the lithium-ion batteries powering electric vehicles.

“Georgia is proud to be selected as the home of Denkai America, further strengthening our state’s status as a leader in the emerging electric mobility and existing aerospace, defence, and technology industries,” Kemp said.

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“We have been laser-focused on bringing quality jobs to highly trained, hardworking Georgians across the state, and we look forward to seeing one-of-a-kind companies like Denkai thrive in Georgia’s top-ranking pro-business environment.”

“We are thrilled to expand our manufacturing presence into Augusta, which has the skilled and talented workforce our company needs for growth,” added Nobu Masuda, Denkai America’s president and CEO.

The facility’s construction is anticipated to initiate in September as the first part of a three-phase investment, and the facility will be fully functional by December 2024. The company is expected to hire skilled industrial technicians, production managers, and engineers.

“As the adoption of electric mobility becomes widespread, the state of Georgia is committed to harnessing this generational opportunity to ensure that Georgians employed in today’s automotive industry will have access to these jobs of the future here at home,” Georgia Commissioner of Economic Development Pat Wilson said.

“This investment is also further evidence of how Georgia’s commitment to building lasting international relationships continues to drive economic partnerships across our state.”


 

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Nishchay Pandey
Nishchay Pandey
Bioengineer with a knack for writing, I love IoT, Open-source and creativity.

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