SungEel Pulls Plans for Plant in Stephens County

By Chad Dorsett, WNEG Radio, Toccoa

The Stephens County Development Authority announces that SungEel is no longer moving forward with a planned advanced manufacturing facility in Stephens County. The battery recycling facility was scheduled to be located at Hayestone Brady Industrial Park. Stephens County Development Authority President and CEO Brittany Ivey gives details.

Stephens County Development Authority Board Chairman Brian Akin said Taxpayer protection is a top priority of the Stephens County Development Authority, and no local or state taxpayer money was lost on the project.

In 2022, Governor Brian P. Kemp announced that lithium-ion battery recycler and raw materials provider SungEel Recycling Park Georgia, LLC., would locate its first U.S. recycling facility in Georgia.

A subsidiary of the Korea-based global industry leader SungEel HiTech Co., Ltd., the company had planned to invest more than $37 million in the new facility and create 104 jobs in Stephens County.

However, the slowing demand for electric vehicles in the United States has impacted companies in the supply chain like SungEel, which caused them to cease plans to locate in Stephens County.