Posted: Tuesday, December 4th 2012 at 1:42pm
Korean-based company bringing 150 jobs to Forsyth Co.
CUMMING - IUS Technologies, the new, the U.S. subsidiary of South Korea-based Vitzro Group, plans to establish its U.S. manufacturing and distribution center in Forsyth County. This new center will bring up to 150 jobs over the next five years and approximately $10 million dollars in capital investment.
Company officials say the "Born Smart" devices manufactured at the new U.S. headquarters will help optimize the electric utility smart grid by reducing consumption and waste, decreasing CO2 and greenhouse emissions, and increasing grid capacity – all while reducing customer outages. The company will introduce new remote sensor products for the U.S. market in January, and will subsequently grow its manufacturing and engineering workforce to fulfill customer orders.
The company will occupy a 20,000 square foot complex located at 1355 McFarland 400 Drive.
"The new high-tech jobs created by IUS Technologies at its North Georgia location mean great opportunities for Georgia's workforce, and our strategic focus on the energy industry will benefit from the company's innovative technologies for smart grid electrical applications," said Chris Cummiskey, commissioner of the Georgia Department of Economic Development.
Link: IUS Technologies
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