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South Korea’s Shinsung Petrochemical invests in Georgia

GMI POST

South Korea’s Shinsung Petrochemical invests in Georgia

Georgia Gov. Brian P. Kemp announced that Seoul-based Shinsung Petrochemical, whichmakes sealants and lubricants for automobile vehicles, will invest $11.2 million to build a new manufacturing facility in Toombs County, a move that will result in 30 new jobs.

“We are excited that Shinsung is joining that growing network of suppliers that are locating in rural communities and creating new opportunities for all to succeed, no matter their zip code,” said Kemp.

Georgia Gov. Brian P. Kemp (Photo source: Office of the Governor)

Established in 1974 in Korea, Shinsung specializes in products like automotive sealants. It will be a key supplier for Hyundai Motor Group Metaplant in Bryan County in eastern Georgia.

“We enjoyed visiting the location of our future facility in Lyons this week and celebrating our next step in the state of Georgia with our new partners in the community. We look forward to joining Georgia’s network of automotive suppliers. We are excited to be in Toombs County in Georgia,” said Shinsung COO Chan Woo Park.

Construction of Shinsung’s new manufacturing facility is expected to finish in 2025.

“It has been very rewarding to witness the transformation of Toombs Corporate Center on U.S. Highway 1 in Lyons over the last few years. We truly appreciate the corporate partners that we already have and look forward to a new prosperous relationship with Shinsung Petrochemical, Inc. Congratulations to Toombs County, the State of Georgia, and Shinsung Petrochemical, Inc., for this exciting opportunity!” said Toombs County Development Authority Chair Tim Truxel.

For over a century, Georgia has fostered healthy industry practices, encouraged collaboration and innovation, and positioned itself as a leader in developing and harnessing emerging technologies for the evolving mobility and energy industries.

Since 2018, Georgia has attracted over $28 billion in investments in e-mobility, clean energy, and battery-related supply chains, generating more than 36,000 new jobs.

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