Augusta, GEORGIA – According to the state officials, the company’s initial investment will be $150 million to establish an ED copper foil production facility, with a focus on electric vehicle (EV) battery foil, on a 115-acre site, with a goal to invest a total of $430 million and create 250 new jobs over the next five years.
“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,” said Governor Kemp. “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.”
Denkai America’s materials have traditionally been used in printed circuit board (PCB) applications, primarily for the aerospace and defense industries, but are also now used in the lithium-ion batteries powering electric vehicles. Operating for more than 60 years, Denkai has team members worldwide with operations in Japan and North America.
“This investment highlights our commitment to leading ED battery foil manufacturing in North America for many years to come,” said Heday Nakajima, Ph.D., Denkai Group President and CEO. “We are grateful to the teams in Richmond County and the State of Georgia for making this project possible.”
“We are thrilled to expand our manufacturing presence into Augusta, which has the skilled and talented work force our company needs for growth,” said Nobu Masuda, Denkai America’s President and CEO.
“The Development Authority of Augusta, Georgia, is excited to welcome Denkai America and its North American Headquarters to the Augusta Corporate Park. We know they will be a great corporate citizen and bring high-skilled jobs to the growing list of companies that call Augusta and the Augusta Corporate Park home,” said Steven Kendrick, Chairman of the Augusta Economic Development Authority. “We look forward to the great jobs and investment that they will bring to Augusta. We also would like to thank the Augusta Commission and the Augusta Utilities Department for their support and hard work to make this happen.”
Global Commerce Director of Corporate Solutions and Cyber Security Barton Lowrey represented the Georgia Department of Economic Development (GDEcD) on this competitive project in partnership with the Augusta Economic Development Authority, Georgia Power, and Georgia Quick Start. As the Technical College System of Georgia’s nationally ranked workforce training program, Georgia Quick Start has provided specialized training tailored specifically to business needs for more than 40 years.
“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. Denkai America plays a vital role in the EV ecosystem, and we are excited to welcome this innovative company to Augusta and Richmond County,” said GDEcD Commissioner Pat Wilson. “This investment is also further evidence of how Georgia’s commitment to building lasting international relationships continues to drive economic partnerships across our state, including the recruitment of the wider electric mobility value chain. Congratulations to our partners in this project!”
Georgia’s prime location, extensive infrastructure, skilled workforce, and business-friendly climate has made it an attractive location for a diverse array of rapidly developing industries focused on creating a sustainable future. Georgia is cultivating a vertically integrated supply chain that will help companies increase efficiencies by reducing the reliance on imported materials. EV-related projects have contributed more than $12.6 billion in investments and more than 17,800 new jobs to Georgia since 2020.
Augusta Corporate Park is a Georgia Ready for Accelerated Development (GRAD) Certified park. To earn a GRAD program certification, a property must undergo due diligence and complete specific certification requirements prior to a visit by a prospective business. Completing the GRAD certification program with the Georgia Department of Economic Development is a proactive way both community planners and landowners can help catalyze economic growth and industrial development for the regions they serve.
