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Manufacturer to build $279M ‘flagship’ factory in Colleton County
A lithium-ion battery company will build a factory in Colleton County that is expected to create 575 new jobs. The project, a 3 gigawatt-hour (GWh) capacity lithium-ion battery factory by Kontrolmatik Technologies, via its subsidiary Pomega Energy Storage Technologies, represents a $279 million investment, according to a new rel[...]
Kion North America investing $40 million in Summerville
Kion North America, a member of the Kion Group, will expand operations in Dorchester County with a $40 million investment the company says will create approximately 450 new jobs. Kion North America is one of the world’s leading manufacturers of industrial trucks. The company’s brands, Linde Material Handling and Baol[...]
German company announces $12.5M expansion, new North Charleston location
Zeltwanger LP, a Germany headquartered machine technology company will expand its Charleston County operations, investing $12.5 million in the site. The investment will mean 24 new jobs at a new North Charleston location, according to announcements from the Commerce Department and Charleston County Economic Development. Zeltwang[...]
Bosch investing $260M in North Charleston expansion
Bosch Charleston started producing electric motors this month. But the company needs more space and more people. So Bosch announced today that it will invest more than $260 million to further expand production of electrification products at the North Charleston facility, which the company calls Bosch Charleston, an investment th[...]
CommunityWorks receives Cummins gift to support Black business
CommunityWorks was honored at a Cummins Turbo Technologies ribbon-cutting ceremony for the expansion of their manufacturing operations in Charleston County on Friday. Through their program, Cummins Advocating for Racial Equity, Cummins, the company provided CommunityWorks with $650,000 to support small business lending and coach[...]
Cummins invests $27M in North Charleston site
Cummins Turbo Technologies opened its expanded turbo remanufacturing operations in North Charleston on Friday, a $27 million investment expected to create 250 new jobs. The new facility will remanufacture used turbochargers that the company says will meet the same specifications as new turbos. Each remanufactured turbo will go t[...]
Yacht builder to open $12M Dorchester County facility
A yacht manufacturer plans to open a $12 million facility in Dorchester County. The investment from Phenom Yachts LLC, a subsidiary of family-owned and South Carolina-based Sportsman Boats Manufacturing Inc., is expected to create 149 new jobs, according to a news release from the South Carolina governor’s office. Located [...]
Boeing commits $2M to hurricane relief
Boeing is committing $2 million to assist with on the ground disaster recovery and relief efforts in the aftermath of Hurricane Ian in Florida. The pledge includes a $750,000 donation to the Volunteer Florida Foundation, the state's lead agency for volunteer and national service that directly manages the Florida Disaster Relief fund. "The destruction left behind in the wake of […][...]
Volvo Cars seeks to invest in supplier plants as it readies for new model
Volvo Cars USA’s bid for tax breaks for some Upstate investments is part of the company’s efforts to prepare its Ridgeville plant for building its new and fully electric flagship SUV. Volvo CEO Jim Rowan says the EX90 ushers in a new era for safety for Volvo drivers and passengers. “Born electric, born with lid[...]
Nucor to invest $425M in Berkeley County expansion
Nucor Corp. will expand its operations in Berkeley County with a $425 million investment. The steel and steel products manufacturer’s project is expected to create 50 new jobs, according to a news release from the South Carolina governor’s office. Located at 1455 Old Hagan Ave. in Huger, Nucor’s latest expansio[...]
Marine design company expanding in North Charleston
A marine electrical system design company is expanding in North Charleston. New Wire Marine is adding a warehouse to its Dorchester County location in a $1.8 million investment that will create 38 new jobs over the next five years, according to a news release from the office of the governor. Located at Dorchester Industrial Park[...]
Nucor Steel investing $200M over the next five years
Nucor Corp., one of the largest manufacturers of steel and steel products in North America, intends to spend more than $200 million on Berkeley County facilities in the next five years, including a building that supplies industrial gases to the mill’s central operations. Nucor’s expansion will include the construction of an air separation unit to […]
