Major Investment in Augusta Set to Create Jobs

News Summary

GF Casting Solutions is set to invest $184 million in a new manufacturing facility in Augusta, Georgia, aiming to create approximately 350 permanent jobs and an additional 450 temporary construction positions. The LEED-certified facility, located in Augusta Corporate Park, will focus on producing lightweight cast aluminum parts for the automotive industry. This ambitious project represents a significant economic boost for the region, with a projected $92 million in earnings and $4.1 million in taxes annually. The collaboration with Georgia Quick Start ensures job training and recruitment initiatives for local residents.

Exciting News for Augusta: A Major Investment Set to Create Jobs!

In the heart of Augusta, Georgia, big changes are on the horizon! GF Casting Solutions (GFCS), known for making lightweight components for the mobility and energy sectors, is investing a whopping $184 million to open a brand new manufacturing facility. This state-of-the-art plant will be located in the Augusta Corporate Park, a space designated as a Georgia Ready for Accelerated Development (GRAD) site, aiming to stimulate growth in the region.

What to Expect at the New Facility

This new facility isn’t just any ordinary building. It’s set to be LEED-certified, meaning it will meet high standards for environmental sustainability. The focus will primarily be on producing cast aluminum parts, particularly large structural components for the automotive industry. With operations expected to kick off in 2027, the local community is already buzzing with anticipation!

Job Creation Galore!

350 permanent quality jobs, with an average annual salary projected to be about $62,280. This is fantastic news, especially since many of these jobs will be accessible to low-income workers in the area. But it doesn’t stop there—during the construction phase, the project will also generate an estimated 450 temporary construction jobs!

Job Training and Support

An Economic Boost

1,344 jobs and generate approximately $92 million in earnings for the region. Additionally, the venture is projected to bring in about $4.1 million in state, local, and federal taxes annually. This means more funds for community services and local development, benefiting everyone in Augusta and beyond.

Meeting Growing Demands

Welcoming Support from Leaders

number one state for business, and initiatives like this is why! The state’s strategic efforts, including the Red Carpet Tour, play a crucial role in attracting such substantial investments.

Looking Forward

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Additional Resources

• Augusta Chronicle: GF Casting to bring 350 jobs to Augusta
• Plant Services: GF Casting invests in new facility
• WJBF: Red Carpet Tour brings jobs to Georgia
• Assembly Magazine: Georgia lands 350 new jobs
• Wikipedia
• Google Search: GF Casting

Author: HERE Augusta