Duksan Electera America, Inc. officials announced Wednesday that the company will invest $95 million to locate its first North American manufacturing facility in Shelbyville, Tennessee. Duksan Electera is a branch of the South Korean-based Duksan Group, an advanced material manufacturer.

“Companies choose to call Tennessee home because of our strong business climate and highly skilled workforce,” Governor Bill Lee said in a statement. “I commend Duksan Electera for choosing to locate its first North American manufacturing facility in Bedford County and thank this company for creating opportunities for Tennesseans to thrive.”

According to a press release by the Tennessee Department of Economic and Community Development (TNECD), Duksan Electera America was founded in 2021 as a subsidiary of Duksan Technopia Co., Ltd. Duksan Electera supports its parent company through the manufacturing of electrolytes for the electric vehicle battery sector.

As an electrolyte manufacturer for the electric vehicle battery industry, Duksan Electera’s expansion to Tennessee will position the company to be geographically closer to its core customer base, according to TNECD. The Shelbyville location will be essential to Duksan Electera as the company is responsible for supplying roughly 60,000 tons of electrolytes to battery makers in the Southeastern U.S., TNECD notes.

The company’s new facility will be located at 210 Frank Martin Rd. in Shelbyville and the project will create 101 new jobs in Bedford County over the next five years.

“I would like to take this opportunity to thank Bedford County, the City of Shelbyville and all associated officials for providing Duksan Electera with this exciting opportunity as we take the first steps towards expanding our business in the United States,” Duksan Electera America, Inc. President Suwan Lee said in a statement. “We have chosen the city of Shelbyville and Bedford County not only for its excellent location, but also because of the warm welcome and passion we’ve felt from the City of Shelbyville, Bedford County and the State of Tennessee. The electric vehicle market is a market with a bright future with an expected compound annual growth rate of 32 percent by 2030, and the demand for related materials such as electrolytes is projected to rise accordingly. With our business in this promising market, I hope that we can create a mutually beneficial environment where the community and the company can both continue to grow.”

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Kaitlin Housler is a reporter at The Tennessee Star and The Star News Network.
Photo “Duksan Electera America, Inc. Factory” by TNECD