Korea-based defense manufacturer invests $30 million in the City of Duluth

(GWINNETT- METRO ATLANTA) May 15, 2014 – Governor Nathan Deal, in partnership with Georgia Department of Economic Development (GDEcD) and Gwinnett Chamber Economic Development, announced today that Dasan Machineries Co., Ltd will locate its United States headquarters and manufacturing facility – Dasan USA Inc. – in the City of Duluth, Gwinnett County, Georgia. The announcement represents 150 new jobs and $30 million in investment over the next three years for the metro Atlanta community.

“Our longstanding business relationship with Korea is evident when state-of-the-art companies such as Dasan Machineries choose Georgia when they expand in this country,” said Deal. “Dasan Machineries’ decision to move its first U.S. headquarters here is a testament to Georgia’s top-ranked workforce, interconnected highways and railway systems.”

For more than twenty years, Dasan Machineries has been a high-precision machining manufacturer of steel parts and components for the defense, auto and avionic industries. The Georgia facility represents Dasan’s first manufacturing operations in the U.S. The location will also house the company’s operations previously established in Orange County, CA.

“We were drawn to Gwinnett County and the State of Georgia because of the pro-business environment, skilled workforce and existing infrastructure that is available in the region,” stated Jin Noh, President of Dasan USA. “We were further excited to learn that Duluth is the center of Georgia’s Korean-American community. As a family-owned business, we place high value on being locally involved and hope to positively contribute to the area’s growth and success for years to come.”

“Georgia’s manufacturing hub is gaining global recognition,” said GDEcD Commissioner Chris Carr. “Dasan Machineries’ job creation adds to the roughly one-third of Georgians in the automotive industry who are employed by Korean companies and I am confident that our qualified talent pool will further the success of this qualified company.”

The announcement was made during a visit to Dasan’s global headquarters in South Korea by a Partnership Gwinnett-led delegation, which includes Gwinnett County Board of Commissioners Chairman Charlotte Nash, City of Norcross Mayor Bucky Johnson, and Nick Masino, Senior Vice President of Partnership Gwinnett and Gwinnett Chamber Economic Development. The delegation is on a five-day business mission trip to explore trade opportunities, recruit investment and build relationships in the region.

“It was a pleasure to meet Byung Hak Kim, Dasan Machineries’ CEO and Owner, during our trade mission and personally thank him for investing in Gwinnett County and the state of Georgia. Dasan’s strong global presence, high-quality products, and continued growth make it a welcome addition to our international business community,” stated Gwinnett County Board of Commissioners Chairman Charlotte Nash.

“This is a great win for Duluth and we are thrilled to count Dasan as one of our newest businesses. We look forward to connecting our residents with the high-wage manufacturing jobs this facility brings to our community,” said City of Duluth Mayor Nancy Harris.

Dasan Machineries represents the fourth global announcement this year for Gwinnett County, which is home to more than 500 internationally based businesses and more than a dozen Korea-based companies.

“Major international announcements, such as this one, are the primary reason we conduct business mission trips to countries in our two target regions of Asia and Europe,” stated Masino. “Our global business program continues to cultivate jobs, investment, and raise the profile for Gwinnett County around the world.”

Bill Dobbs, GDEcD Director of the ADAM (Aerospace, Defense, Advanced Manufacturing) team and Lonnie Smallwood with Electric Cities of Georgia, assisted the company on behalf of the state of Georgia. Troels Adrian, Senior Project Manager, Advanced Manufacturing and Supply Chain for Gwinnett Chamber Economic Development and Partnership Gwinnett, represented Gwinnett County. Chris McGahee, Economic Development Manager for Duluth worked on behalf of the City. Greg Dickerson of King Industrial Realty and Robb Draughon, NAI Brannen Goddard jointly represented the previous building owner in the transaction that brought Dasan to Duluth.

Hiring for the new facility has already begun. Interested candidates should contact dasan@dasanusa.com.

For more information, or to learn how to get involved in local economic development efforts, please visit www.gwinnetteconomicdevelopment.com.