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Project Bulletin

Project Bulletin: February 19, 2024

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EDITOR’S NOTE: The project records appearing every week in the Site Selection Project Bulletin are pulled from the Conway Projects Database, a proprietary resource with tens of thousands of records of corporate end-user facility investments across all industry sectors and all world geographies. Want to look for our projects yourself? Look here.

Malaysia Fit For Technological Advancement


Samsung Electronics makes a new investment to promote battery innovation and growth.

Photo courtesy of Samsung Electronics Co.

By 2025, Samsung Electronics Co. will begin production of EV batteries at its Seremban, Malaysia, facility thanks to a new $1.2 billion investment. Samsung has operated from Seremban since 1991 and began battery production in 2012, at the site currently operated by Samsung SDI. Expansion of the site will introduce a production lines dedicated to PRiMX 21700, the company’s next-generation cylindrical battery cells used for EVs. Malaysia stood out for this project due to its strategic location and robust infrastructure, cementing Samsung’s trust in the country’s technology sector.

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SOLARCYCLE Energizes in Georgia


SOLARCYCLE aims to address U.S. supply chain needs by manufacturing solar panels domestically.

Photo courtesy of SOLARCYCLE

By using recycled materials from former solar panels to create new solar glass, SOLARCYCLE will introduce a manufacturing facility never before seen in the U.S. to Polk County, Georgia, located west of metro Atlanta and abutting the Alabama state line. The advanced technology-based solar recycling company is investing $344 million to be the first to produce specialized glass for crystalline-silicon photovoltaics. Located in the county’s Cedartown North Business Park, SOLARCYCLE has the capacity to produce 6 gigawatts of solar glass per year that will solely serve domestic solar manufacturers. Construction of the facility will begin this year with completion set for 2026, creating 600 new jobs. Read more about the state’s clean-tech bona fides in the Georgia Intelligence Report in the forthcoming March issue of Site Selection.

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West Bengal is Built to Last


SAIL expands its West Bengal site with the introduction of a new steel facility.

Getty Images

Pending final approval, the Steel Authority of India (SAIL) plans to invest up to $2.4 billion to construct a greenfield steel facility at its West Bengal site in Burnpur, India. The new manufacturing plant will focus on flat HR coils used in oil and automotive industries. This new product will join the company’s crude steel facility, which produces TMT bars, wire rods and heavy structural steels. The project is projected to take three to four years to complete once construction begins.

Reports compiled and written by Alexis Elmore, edited by Adam Bruns

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