South Korean giant SK, the company that helped kickstart Georgia’s push to become a hub for electric mobility manufacturing, is cutting nearly 1,000 jobs at its Commerce plant amid tepid demand for battery-electric vehicles.
Category: Business
Posted inLatin America
Wasserman West Scales to Help Prepare Local Firms for Latin American Investments
The law firm’s diverse team includes attorneys who are admitted to practice in both U.S. and Latin American jurisdictions, and who have gained significant on-the-ground experience in Latin America before relocating to the U.S.
Posted inBelgium
Keeping the Ball Rolling: Belgian Set to Invest in Coastal Georgia Factory
A Belgian company that got its start making billiard balls is set to continue its investment in Georgia with a $17 million facility that will manufacture industrial balls for bearings, […]
Posted inSouth Korea
Korean Auto Parts Company to Invest $30M in Emanuel County
The multi-year wave of Korean investment coming in to support the Hyundai Metaplant in Savannah has yet to subside even as sleek vehicles continue to roll off the assembly line.
Posted inCommentary
Prime Minister: India Offers Human-Centered Vision for AI’s Future
“Solutions that succeed in India can serve humanity everywhere. That is why our invitation to the world is: Design and develop in India. Deliver to the world. Deliver to humanity.”
Posted inFrance
Looking to Commercialize Deeptech Research? ‘Start in France’ Beckons
U.S. researchers looking to commercialize their innovations are being invited yet again to “Start in France.” La Synapse, France’s initiative for bringing together “deeptech” startups, is looking to bring American […]
Posted inUnited Kingdom
London Firm Powering Visuals for Immersive Experiences Expands in Atlanta
The London-based company that has brought its technology everywhere from the Las Vegas Sphere to the Burj Khalifa in Dubai is setting down roots in Atlanta.
Posted inEvent Recap
Event Recap: Consular Conversations OTP – United Kingdom
Despite a testy week in transatlantic relations, attendees at Global Atlanta’s late-January Consular Conversation with British Consul General Rachel Galloway came away with an up-close view of how the vaunted “Special Relationship,” when calibrated correctly, can lead to shared prosperity on both sides of the pond.
Posted inUnited Kingdom
London Enterprise Tech Mission to Target Atlanta in March
A trade mission by led by London’s investment promotion arm is set to drop in on Atlanta in March, bringing 15 technology companies with an interest in establishing a presence in the U.S. market.
Posted inFrance
Atlanta Outpost Helps French Software Firm Reach $50M in Annual Recurring Revenue
Only a small fraction of SaaS businesses ever reach $10 million in ARR. The percentage of those that reach $50 million? A tiny fraction of that. And that number may continue to shrink as many SaaS businesses confront new AI realities.
But that $50 million revenue milestone is what SaaS communications company Ringover announced this week.