Cartersville, Georgia — According to state and local development sources, Hanwha Advanced Materials plans to invest $147,000,000.00 to build out new space in Cartersville. The company plans to occupy the new space at Highland 75 Corporate/Industrial Park in Cartersville, on or about June 1, 2024. According to the company website Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a FORTUNE Global 500 company. Hanwha Group has 70 domestic affiliates and 350 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 65 years track record of industrial leadership, Hanwhas manufacturing and construction businesses encompass a broad range of fields from chemicals & materials, aerospace & mechatronics, total solar energy solutions, and global construction. The finance network, covering insurance, asset management and securities, is the second largest non-bank financial group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses. Our vision is to touch the lives of every individual in every country in which we operate. We want to elevate the quality of life with our innovations and solutions.

To learn more about Hanwha Advanced Materials, visit http://www.hanwhaus.com/

Company Contact:
Inhwan Kim, Chief Executive Officer
586-486-1142

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