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 Economic Development News 
Tuesday, December 17 2019

$8.5 million investment to create more than 60 new jobs
Columbia, SC -- Palmetto Pedic, a mattress manufacturing company, announced plans to establish operations in Cherokee County. The $8.5 million investment is expected to create more than 60 new jobs.
Founded in 2018 as a joint venture between industry veterans from the U.S. and China, Palmetto Pedic will be a fully-vertical manufacturer of memory foam, hybrid foam and coil mattresses, along with bed pillows and mattress toppers. The company's new operations will service an increased demand in the mattress industry from U.S. consumers.
Located at 418 Chandler Drive in Gaffney, S.C., the company's manufacturing processes will include a foam pouring line, computer cutting machines, injection molding machines, inner spring mattress coil manufacturing and all cutting, sewing and packaging of the final products.

Posted by: AT 09:19 am   |  Permalink   |  Email
Wednesday, November 13 2019
  • Overall plant expansion in Chattanooga brings $800 million investment
  • Volkswagen creates 1,000 new jobs
  • Production of an electric-only Volkswagen ID. model starts in 2022
  • Volkswagen also announces new battery pack assembly facility

Chattanooga, TN -- Volkswagen of America marked the start of construction for its electric vehicle production facility. The Chattanooga site, where production begins in 2022, will be Volkswagen's North American assembly base for electric vehicles on the Modular Electric Drive Matrix (MEB). The company also announced it intends to build a plant for the assembly of battery packs for EVs at the Chattanooga site.

“This is a big, big moment for this company,” said Scott Keogh, president and CEO of Volkswagen Group of America. “Expanding local production sets the foundation for our sustainable growth in the U.S. Electric vehicles are the future of mobility and Volkswagen will build them for millions of people. "

Posted by: AT 02:07 pm   |  Permalink   |  Email
Wednesday, November 13 2019

More than $10.7 million investment to create 180 new jobs
Columbia, SC -- The Urban Electric Co., an artisan lighting fixture designer and manufacturer, announced plans to expand its current Charleston County operations. The company's more than $10.7 million investment is projected to create approximately 180 new jobs.
The Urban Electric Co. designs and crafts a wide array of lighting fixtures that are bench-made and hand-finished. The company services an international client base of top interior designers and architects in the residential, hospitality and contract sectors.

Posted by: AT 09:26 am   |  Permalink   |  Email
Friday, September 27 2019

By Scott Harrison

  • Nippon Paint (USA) Inc. will expand its U.S. automotive manufacturing footprint by investing approximately $60 million and creating 150 jobs
  • Top paint and coatings manufacturer will build 270,000-square-foot LEED certified manufacturing facility
  • New plant to produce automotive paint and coatings, including electrocoat (“E-Coat”) and topcoat to supply its automotive customers in the U.S., Canada and Mexico 

Chattanooga, TN -- Tennessee Governor Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe, and Nippon Paint (USA) Inc. CEO Tetsuro Fujita announced that Nippon Paint will invest approximately $60 million to establish a facility in Chattanooga.

Nippon Paint (USA) will create 150 jobs in Hamilton County over the next five to seven years.

Posted by: AT 10:58 am   |  Permalink   |  Email
Thursday, September 12 2019

Eagle Aviation Technologies, LLC to expand manufacturing facility
Richmond, VA -- Governor Ralph Northam announced that Eagle Aviation Technologies, LLC, an industry leader in composites design and fabrication, will invest $207,500 to expand its manufacturing facility in the City of Newport News. The company will add new production equipment at the operation and create 75 new jobs.

“Innovative companies like Eagle Aviation Technologies have an important role in propelling our 21st-century economy forward, which is why my administration has made it a priority to support businesses of every size and in all industries,” said Governor Northam. “The success of the company has reached new heights from its growing operation in the City of Newport News, and we are proud that the Virginia Jobs Investment Program will bolster the hiring and training efforts for 75 new jobs being created.”

Posted by: AT 10:07 am   |  Permalink   |  Email
Wednesday, September 11 2019

$12 Million Investment Creating 176 New Jobs
Columbia, SC -- R&E Automated Systems, an internationally recognized leader in the automation, engineering and prototype build industries, announced plans to expand operations in Spartanburg County. The $12 million investment is expected to create 176 new jobs.
Established in 1999, R&E Automated Systems is on the cutting edge of technological advancements and provides a wide range of services to companies in the automotive, defense, aerospace, heavy industrial, energy, mining and entertainment industries. The company provides clients with unique solutions that are tailored to accommodate their project needs.
R&E Automated Systems' expansion in Spartanburg County includes the launch of manufacturing operations at 175 Spartangreen Boulevard. The company is housing its existing office operations in the new facility.

Posted by: AT 01:37 pm   |  Permalink   |  Email
Tuesday, September 10 2019

Expansion adding 63 new jobs at Summerville, S.C. facility
Columbia, SC -- DC Machine, an industrial design and machining center that manufactures close tolerance components, is expanding its existing Dorchester County operations. The company's investment of $9.5 million is expected to create 63 new jobs.
Since DC Machine established its first 250-square-foot facility in Dorchester County in 2004, the company has grown tremendously. An expansion in 2015 increased operating size to 17,000 square feet and added 17 new jobs.
DC Machine's current expansion includes the purchase of an existing building, located at 2735 W. Fifth North Street in Summerville and increases operational space by more than 61,000 square feet. This expansion will allow the company to grow production of existing product lines and expand into others.

Posted by: AT 10:13 am   |  Permalink   |  Email
Tuesday, August 27 2019

Howell Metal will invest $8 million to expand production at manufacturing facility

New Market, VA -- Governor Ralph Northam announced that Howell Metal, an established manufacturer of copper tubing and line sets for residential and commercial construction markets, will invest $8 million to expand production at its operation in Shenandoah County. Virginia successfully competed with Utah, Mississippi, and Ontario, Canada, for the project, which will create 102 new jobs.

“Howell Metal’s 50-year tenure is a tremendous success story for Shenandoah County, and with this expansion and the addition of more than 100 high-quality jobs, I am confident the company will continue to be a major asset to the local economy,” said Governor Northam. “The Shenandoah Valley offers unique market access and a strong manufacturing workforce, with 14 top-tier colleges and universities ensuring a reliable pipeline of skilled talent. We are honored that Howell Metal is reinvesting in the Commonwealth and look forward to its next phase of growth in the region.”

Posted by: AT 01:28 pm   |  Permalink   |  Email
Tuesday, September 11 2018

McLean, VA — The International Manufacturing Technology Show (IMTS), opened this morning to record numbers: 1,424,232 sq. ft. of exhibit space and 2,123 booths representing 2,563 exhibiting companies. Exhibitors have brought in more than 55 million lbs. of machinery on 4,465 trucks with eight machines weighing more than 100,000 lbs. As of Sept. 7th, the number of pre-registered visitors exceeded 113,000, which is also on pace for a possible record. IMTS 2018 runs from Sept. 10 – 15 at Chicago’s McCormick Place.

“IMTS 2018 is setting records because manufacturing technology has grown exponentially since last show,” says Peter R. Eelman, Vice President – Exhibitions & Business Development at AMT – The Association For Manufacturing Technology, which owns and produces IMTS. “The rapid growth of digital technology, automation and additive manufacturing are especially driving interest. The booming manufacturing economy means visitors have capital and are ready to invest.”

Posted by: AT 09:08 am   |  Permalink   |  Email
Friday, September 22 2017

Danville, VA — This will be Unison Ltd’s second manufacturing facility, firmly establishing Unison’s committed production capabilities in the USA.

The new factory in Danville, Virginia, is intended to support the activities of the plant in North Yorkshire, which has witnessed a considerable manufacturing growth that is expected to continue for the foreseeable future.

Virginia Governor Terry McAuliffe recently announced that Unison Ltd will invest $5.2 million to establish its first U.S. manufacturing operation in the Cane Creek Centre Industrial Park, jointly owned by the City of Danville and Pittsylvania County.

Posted by: AT 09:19 am   |  Permalink   |  Email
Monday, August 28 2017

Company creating 100 new jobs and growing facility
Columbia, SC — Sportsman Boats Manufacturing, a provider of premium boats, is expanding its existing Dorchester County operations. To grow its facility, the company is investing $3.5 million and creating 100 new jobs.
Sportsman's product offerings currently include 21 models of center consoles and bay boats. Ranging in size from 17 - 31 feet, the boats are designed for saltwater enthusiasts.
Located at 113 Isaac Way in Summerville, S.C., the company will be adding 70,000 square feet of production space to its existing facility to accommodate the growth of its upholstery, welding and small part fabrication operations. In addition, Sportsman Boats has just completed an 800-kilowatt (kW) solar power system mounted on the roof of its facility. The state-of-the-art technology is designed to bolster the company's ongoing sustainability efforts.

Posted by: AT 10:36 am   |  Permalink   |  Email
Thursday, December 22 2016

Maiden, NC — GKN Driveline announced it intends to expand its Catawba County manufacturing facility again. The company plans to create at least 143 new jobs by the end of 2019 and invest more than $110 million in this location. This is the second major expansion of the Maiden facility in two years.  In 2014, GKN Driveline expanded this facility by committing to invest $122 million and creating 228 new jobs. 

GKN Driveline’s expansion in Maiden is facilitated in part by an award to the company from North Carolina’s Job Development Investment Grant (JDIG) program that was approved by the state’s Economic Investment Committee and announced today. Local incentives will be considered by both the Town of Maiden and Catawba County at their regularly scheduled meetings in January.

Posted by: AT 11:39 am   |  Permalink   |  Email
Wednesday, December 14 2016

Manufacturing and distribution center to bring $45 million investment and create 450 new jobs
Columbia, SC -- PL Developments, a manufacturer, packager and distributor of pharmaceutical and consumer healthcare products, is launching new Greenville County operations to expand its presence in South Carolina. The new development is projected to bring $45 million in new capital investment and lead to the creation of 450 jobs.
Founded in 1988 and headquartered in Westbury, N.Y., PL Developments primarily serves U.S. retailers with an assortment of more than 450 unique products across several healthcare applications, the company's nationwide facility footprint exceeds one million square feet.

Posted by: AT 10:47 am   |  Permalink   |  Email
Tuesday, December 13 2016

New development will result in at least $120 million of new investment in Lowcountry
Columbia, SC -- Evonik Corporation, a German chemical manufacturing company, is launching new operations in Berkeley County. The project will result in at least $120 million of new capital investment and the creation of more than 50 jobs.
Evonik is one of the world’s leading specialty chemicals companies and employs more than 33,500 people worldwide. With business activities across more than 100 countries, Evonik produces chemicals for a variety of applications, including adhesives, cleaning products, construction materials and more.
Located at the Charleston International Manufacturing Center at 1588 Bushy Park Road in Goose Creek, S.C., Evonik is building a precipitated silica plant to supply the tire industry. The industry requires high-quality precipitated silica to produce fuel-efficient tires with wet grip properties, which can save up to eight percent in fuel consumption compared to conventional car tires.

Posted by: AT 11:53 am   |  Permalink   |  Email
Monday, September 19 2016

Company to invest $12 million, add 400 new full-time employees over four years
Batesville, AR -- Intimidator Inc., a manufacturer of 4x4 utility vehicles and zero turn mowers, announced they are expanding their current manufacturing facility in Batesville and building a second facility in the Independence County Industrial Park. The company will invest $12 million in facilities and equipment while adding 400 new full-time employees over four years.

“We are indeed grateful for support from the Governor’s Office, the State of Arkansas, Arkansas Economic Development Commission, Independence County Economic Development Commission, City of Batesville, and this entire community,” said Intimidator owners Becky and Robert Foster in a statement. “These groups have given us overwhelming support, and last but certainly not least, we want to thank our entire team of employees that make it happen day in and day out.” 

Posted by: AT 10:16 am   |  Permalink   |  Email
Friday, June 10 2016

Jackson, MS -- Officials from industrial general contractor BMSI Inc. announced the company is creating 100 jobs and investing $6 million in new manufacturing operations in Burnsville.

"Tishomingo County has experienced significant economic growth in recent months," Gov. Phil Bryant said. "I am pleased to continue the momentum as BMSI becomes the newest member of the Northeast Mississippi business community."

BMSI will locate in an existing 20,000-square-foot spec building at Yellow Creek Port South, with plans to expand it to 30,000 square feet. The Burnsville facility will feature a state-of-the-art fabrication shop used to manufacture specialty products for the Department of Defense and commercial restaurant equipment. BMSI will also offer plant support for maintenance, structural welding/fabrication and process piping.

Posted by: AT 11:35 am   |  Permalink   |  Email
Thursday, March 24 2016

Danby Group Announces Warehouse & Distribution Center in Saraland
Mobile, AL -- Danby Products, a manufacturer of appliances announced it will open a southern distribution warehouse in Saraland, Ala., to serve customers located across the Southeastern U.S. in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina and parts of Texas. The operations will be located in a 125,000 square-foot facility that will ultimately include a small factory outlet retail store.
The new facility, slated to open in late April, is located at 252 Jacintoport, and the company worked with NAI Mobile on the lease. Once fully-operational, the company will employ 25 full-time workers.
Eian Campbell, director of operations with Danby, said the company evaluated the ability of numerous locations to receive inbound ocean containers in conjunction with a review of outbound transportation services - specifically road transportation and intermodal rail service. They also evaluated warehousing opportunities coupled with a review of the skill sets of the local workforce. 

Posted by: AT 10:35 am   |  Permalink   |  Email
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