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Korean brake pad maker to hire 180 at $38M Georgia plant February 3, 2021 GMT HOGANSVILLE, Ga, (AP) A South Korean brake pad maker will invest $38 million to open a factory in western Georgia that will hire 180 people. KB Autosys announced plans for the Hogansville factory on Wednesday. The company said it will supply nearby Korean automakers Kia and Hyundai, as well as General Motors. The company began construction in January on the 108,000 square-foot (10,000 square-meter) factory and plans to begin production early next year. KB Autosys will qualify for a state income tax credit allowing it to deduct $4,000 per job from its Georgia income taxes for five years, worth up to $3.6 million. If the company doesn’t incur that much state income tax liability, it can take much of the money from the personal income taxes that workers will pay. For KB Autosys to qualify, workers must make at least $28,000 a year.

United statesSouth koreaMeriwether countyMarie hodge gordonGeorgia economic development departmentSouth koreanGeorgia economic developmentஒன்றுபட்டது மாநிலங்களில்தெற்கு கொரியாமெரிவெதர் கவுண்டிமேரி ஹாட்ஜ் கோர்டந்ஜார்ஜியா பொருளாதார வளர்ச்சி துறைதெற்கு கொரியன்ஜார்ஜியா பொருளாதார வளர்ச்சி