October 23, 2024
ATLANTA – The Japanese manufacturer of a type of copper foil used in printed electronics will build its North American headquarters in Georgia, Gov. Brian Kemp announced Wednesday.
Denkai America is making an initial investment of $150 million on a 115-acre site in Richmond County. Ultimately, the company will spend $430 million on a headquarters and manufacturing plant, creating 250 jobs during the next five years.
Denkai America’s products have traditionally been used in printed circuit board applications, primarily for the aerospace and defense 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, defense, and technology industries,” Kemp said.
“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.
Construction is expected to begin in September as the first part of a three-phase investment, and the facility will be fully operational by December 2024.
The company will be hiring skilled industrial technicians, production managers, and engineers.
The state Department of Economic Development worked with the Augusta Economic Development Authority, Georgia Power, and the Technical College System of Georgia’s Quick Start program to land the project.
“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.”
