Finnish modular builder Admares has announced plans to build a $750m “mega factory” in the city of Waycross in southeast Georgia.
The 2.5 million sq ft factory will create an estimated 1,400 jobs, and will enable Admares to relocate its headquarters from Turku in Finland.
The company produces structures for the residential and hospitality sectors; the new factory is expected to begin production of housing systems by the end of 2025.
Brian Kemp, Georgia’s governor, said: “This project will not only bring more opportunities to hardworking Georgians, it will also help innovate the home building industry at a time when we need more rural workforce housing.”
Pat Wilson, a commissioner at the Georgia Department of Economic Development, said: “Workforce housing is a growing national challenge, and Georgia is no exception. The new Adwares facility is helping address that challenge, filling a niche that is critical to economic development.”
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