Solar Energy Supplier Building $193M Adairsville Plant

Solar component maker Sunmax Tech is building a 300,000-square-foot manufacturing plant in Adairsville, about an hour NW of Atlanta. The facility is set to commence Phase I operations in May 2024.

Sunmax Tech plans to execute a comprehensive investment strategy over the next five to eight years, encompassing three distinct phases. In Phase I, the company will invest $39 million to establish a manufacturing facility and procure equipment for solar photovoltaic junction boxes and solar cables, creating 82 new job positions. The company is a supplier for Hanwha and Tesla.

The subsequent phases will witness additional investments of $76 million and $78 million in Phase II and Phase III, respectively. These phases will focus on expanding production capabilities to include EVA film, cable line plastic material, aluminum solar frames, and copper wire, creating a total of 242 new job positions.

By 2027, the company anticipates achieving annual sales of $100 million and capturing over 40% market share in photovoltaic junction boxes and connectors across North America.