Georgia Department of Economic Development Applauds SK Innovation, LG Energy Solution Settlement Agreement

ATLANTA, April 11, 2021 —Georgia Department of Economic Development (GDEcD) Commissioner Pat Wilson issued the following statement regarding the news that SK Innovation and LG Energy Solution have reached a settlement agreement, which will enable SK Innovation to continue development on its battery manufacturing plant in Jackson County, Georgia. 

“We are ecstatic to hear of the settlement between SK Innovation and LG Energy Solution, which is a positive outcome for all parties. When fully operational, SK’s new battery plant in Commerce, Georgia, will not only provide clean energy jobs for thousands of Georgians, changing lives and livelihoods across the region, but will also help the United States continue to become a leader in electric mobility. Georgia’s incredible economic development success continues to gain momentum, and we remain 100% committed to developing the entire electric vehicle supply chain right here in our state. We look forward to the thousands of direct and indirect jobs this and other future projects will bring as we fulfill our mission of creating opportunities for Georgians.

“I’d like to give special thanks to Governor Brian Kemp for his tireless support throughout this process, to the Office of the United States Trade Representative who helped facilitate the negotiations, and to Korean Consul General in Atlanta, Young-jun Kim, for his partnership.”

About GDEcD

The Georgia Department of Economic Development (GDEcD) is the state’s sales and marketing arm, the lead agency for attracting new business investment, encouraging the expansion of existing industry and small businesses, locating new markets for Georgia products, attracting tourists to Georgia, and promoting the state as a destination for arts and location for film, music and digital entertainment projects, as well as planning and mobilizing state resources for economic development. Visit www.georgia.org for more information.

Jessica Atwell
Communications Manager
404-962-4086
[email protected]