PHA’s plant in Georgia will produce parts for Hyundai’s operations in the state. (Photo by Stephen Morton/Bloomberg via Getty Images)

South Korean auto parts manufacturer PHA has announced plans to expand its presence in the US by opening production facilities in Chatham County, Georgia.

The new facility will produce door modules, tailgate latches and hood latches for original equipment manufacturers (OEMs) including Hyundai Motor Group Metaplant America, which is located in neighbouring Bryan County. PHA’s operations will be located at the Savannah Chatham Manufacturing Center and are expected to commence in 2024.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

PHA is a tier-one automotive parts supplier for Korean carmakers Hyundai and Kia as well as other OEMs. It was established in 1995 and is headquartered in Daegu. It now has operations across eight different countries in Asia, North America and Europe, according to its corporate website.

Its existing US facilities are in Auburn Hills, Michigan, and Montgomery, Alabama.

Global competition in the automotive sector, particularly for site location for the production of electric vehicles (EVs), is increasing. Research by GlobalData shows that North America’s EV share of the global market peaked in 2019 at 23.8% but fell to around 10% in 2022 as China and Europe increased capacity.

See Also:

Increased investment is expected however, particularly by US companies, in an attempt to gain a greater share from market leader China. Investments in the US by parts manufacturers such as PHA demonstrate confidence in future growth for the US automotive market.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We are excited to welcome PHA to Georgia as the second Hyundai supplier at the Savannah Chatham Manufacturing Center,” said Pat Wilson, commissioner for the Georgia Department of Economic Development. “Projects such as Hyundai and its suppliers underscore the importance of site preparation to attract jobs and [the] opportunities [it can offer] to a community.”