Korean magnet company invests $233 million in Columbus

A Korean biotechnology company that specializes in research and development plans to invest about $223 million to establish a new rare earth permanent magnet manufacturing facility in Columbus. According to Gov. Brian Kemp, the investment by JS Link America Inc., a wholly owned U.S. subsidiary of JS Link, will also create more than 520 new jobs in Muscogee County.

“JS Link America strengthens Georgia’s role in securing the U.S. supply chain in industries such as aerospace, mobility, and energy,” said Kemp. “We are excited for the continued growth of manufacturing in west Georgia, and congratulations to Columbus-Muscogee County for this opportunity.”