SK Innovation starts constructing battery plant, $1.7B bet on Georgia

SK Innovation broke ground Tuesday on a sprawling factory that will supply batteries for electric vehicles, a venture expected to bring 2,000 jobs to Jackson County, northeast of Atlanta, the largest economic development deal in Georgia since Kia Motors a decade ago.
The company, part of a South Korean conglomerate known as SK Group, said the nearly $1.7 billion factory will open in phases and should reach its full jobs potential by 2025. The project is a coup for Georgia, officials said, adding that the facility will be on the leading edge of the electrification of automobiles.The new factory is expected to produce enough batteries to power 250,000 electric vehicles, or EVs, per year at full capacity.