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Business & Tech

"Green" Techie Company to Bring 150 Jobs to Forsyth

IUS Technologies is expected to generate approximately $10 million in capital investment and up to 150 jobs over the next five years.

A new U.S. manufacturing and distribution center will soon call south Forsyth County home.

The U.S. headquarters of IUS Technologies, a subsidiary of South Korea-based Vitzro Group, will be situated in a 20,000 square foot facility located at 1355 McFarland 400 Drive, according to the Cumming-Forsyth County Chamber of Commerce (CFCCC).

The facility is expected to generate approximately $10 million in capital investment and up to 150 jobs over the next five years.

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IUS will be manufacturing its “Born Smart” devices at the south Forsyth facility. These devices are made to 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 also 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.

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“As we move forward to scale up our manufacturing operations, the workforce training programs we will receive through the Georgia Department of Economic Development (GDEcD) will allow IUS Technologies to get off to a strong start," said Elizabeth Shin, operations manager with IUS Technologies.

"Our community has emerged as a hub for green technology firms, said David Seago, chairman of the CFCCC. "We are one of the first communities in the nation to develop a green incentive program to reduce the tax burden of green corporations."

"IUS Technologies exemplifies the kind of firm that our community continues to attract. Their smart grid technology platforms clearly demonstrate the level of innovation that their company is capable of bringing to the US energy industry."

Visit the IUS Technologies website for more about the company.

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