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June 1, 2023

Finnish company Admares plans $750M modular housing factory in US

WAYCROSS, Ga. (AP) — Finnish company Admares plans to invest $750 million to build a modular housing factory in the U.S. state of Georgia, hiring 1,400 people, officials announced Wednesday.

The company plans to mass produce housing using heavily automated factories. Admares, which was founded in Turku, Finland, said it's in the process of relocating its headquarters to the United States.


 
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