Italy-based Alupress AG, an aluminum casting company, will invest $19.9 million to establish its new production facility in Laurens County, South Carolina.
Alupress recently purchased Koerber LLC, now named Alupress LLC, in Laurens. The company will open a new 30,000-square-foot aluminum castings facility that will manufacture products for automotive industry clients. The new facility, which is expected to create 57 jobs, is scheduled to begin operations in 2014.
“We are pleased with the opportunity to move forward with plans to locate our new production facility in Laurens County. The new plant will give us close proximity to our customers. South Carolina provides us with an excellent business environment and the sort of workforce talent we need. We appreciate all the support we’ve received from state and local officials,” said Wolfgang Knollseisen, chief financial officer of Alupress AG.
“It’s always exciting to see another international company choose to set up shop in the Palmetto State. This announcement is also another win for one of our state’s rural areas. We celebrate Alupress’ decision to invest $19.9 million and create 57 new jobs in Laurens County,” said Gov. Nikki Haley. The Coordinating Council for Economic Development approved job development credits.
“South Carolina’s automotive sector continues to be a strong contributor to our economy and a force in our state’s manufacturing renaissance. When companies like Alupress AG locate operations here, it not only creates new jobs but also increases our reputation in the automotive club,” said Secretary of Commerce Bobby Hitt.