A Korean auto supplier is making plans to invest $10 million in a plant in Braselton, where the company will make parts to accompany electric vehicle batteries.
Duckyang Industrial Co. has announced it will use a 230,000-square-foot building in Braselton to manufacture battery modules and energy storage systems for SK Innovation’s $2.6 billion, 2,600-worker plant in Commerce. Duckyang plans to hire 285 workers.
According to the Associated Press, the town of Braselton and Jackson County could give property tax breaks, and Duckyang could claim other tax incentives, including an income tax credit allowing the company to deduct $1,250 per job from state income taxes annually, up to 50 percent of its tax liability. That could save up to $1.8 million over five years, as long as workers make at least $28,000 per year.
Duckyang has not announced when it plans to start production.
