Aspen Aerogels is abandoning a $325 million plant to make thermal barriers in Statesboro, becoming the latest battery or component supplier to vacate a major Georgia project amid uneven demand for electric vehicles.
Category: Europe
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Posted inTrade
Georgia Sets Export Record With Trade Tumult on the Horizon
Georgia set a fourth-straight annual record for exports, eclipsing the $50 billion mark for the first time, and grew its imports substantively in 2024 as the trade landscape veered toward a period of uncertainty.
Posted inCzech Republic
Czech Plastics Producer Expands Peachtree City Site
A Czech producer of plastics used to make pipes and cable has expanded a factory, warehouse and headquarters in Peachtree City, adding 21,000 square feet and one new production line as its business grows in the United States.
Posted inEvent Recap
Event Recap: Ambassador, Executives Highlight Czech Republic’s Growing Partnership With Georgia
Ambassador Miloslav Stasek is no stranger to Atlanta. The Czech envoy, who took up his post in 2022, has visited the city at least five times, speaking to think tanks, trading insights with academics, opening art exhibitions and introducing Czech wine to new customers.
Posted inNorway
Norwegian Battery Firm Pulls Plug on $2.6B Georgia Plant
A Norwegian firm has pulled the plug on a $2.6 billion factory in Newnan that was set to make utility-scale battery energy storage systems.
Posted inGermany
Gwinnett Honors 40-Year German Investor at Annual Dinner
The Gwinnett Chamber of Commerce is set to honor a German investor with a more than 25-year history in the county at its annual dinner.
Posted inEvent Recap
Event Recap: Germany’s Consul General on Elections, Energy, Electric Vehicles and Collaboration With the New U.S. Government
Facing its second year of economic decline, and with its premier automakers struggling with high costs, reduced demand in foreign markets and uncertainty around energy sources, Germany is in a precarious position as it approaches snap elections this month. German Consul General Melanie Moltmann sees reasons for optimism in a moment of reform.
Posted inEconomic Development
Report: Swedish Business Ties Support Nearly 12,000 Georgia Jobs
Hall Booth Smith P.C. is the presenting sponsor of Global Atlanta’s Europe Channel. Subscribe here for monthly Europe newsletters. Georgia’s trade and investment ties with Sweden sustain 11,775 jobs, according to a recent […]
Posted inCzech Republic
With Czech Aerospace Investment, Roswell Sees International Strategy Taking Off
A Czech aerospace and defense company landed in Roswell Monday, the culmination of an investment journey that, to hear city leaders tell it, is the result of equal parts providence and planning.
Posted inSwitzerland
With Zurich Flight in Place, Swiss Tourism Targets Atlanta Travelers
Perhaps they brought the flurries: Just as Swiss tourism representatives sought to showcase the alpine country’s warm-weather charms — from hiking to biking across verdant meadows, to sunbathing by Lake Geneva — snow began to fall in Atlanta.