Gnotec Group, a Swedish-based supplier to the automotive industry, is locating a new manufacturing complex in Orangeburg County, South Carolina. The company’s $5.9 million investment is projected to create 78 new jobs in the community.
Specializing in the engineering and manufacturing of metal components for automotive and commercial vehicles’ body-in-white and chassis structures, the company will be establishing operations in a 30,000-square-foot production facility at 152 Regional Parkway in Orangeburg and is expected to come online in the first quarter of 2019.
As an incentive, the Coordinating Council for Economic Development has approved job development credits related to this project.
“We at Gnotec Group are excited to take the next step in our development to support our global customers by adding operations in the United States. We are very satisfied with Orangeburg County’s great logistics position, as well as South Carolina’s growing automotive industry, skilled workforce and excellent support for our establishment,” said Gnotec Group CEO Jörgen Oldenstedt.
“The talented workforce in South Carolina has established a reputation as one of the best in the world. Gnotec Group’s decision to locate here represents not only the strength of our automotive industry, but the strength of our state’s economy as a whole,” Governor Henry McMaster said.
“We are grateful and honored that Orangeburg County has been selected by Gnotec for their first North American location. Gnotec is a leading Scandinavian company that will support nearby Volvo Cars. We welcome many more suppliers to Orangeburg County and the South Carolina Global Logistics Triangle,” said Orangeburg County Council Chairman Johnnie Wright Sr.
“Gnotec is an ambassador for the Swedish automotive supply sector supporting Volvo Cars in South Carolina. FKG, the Scandinavian Automotive Supplier Association has more than 350 member companies that we support by working to create meeting places, strengthen relationships and growth opportunities. Over the past three years, FKG has led delegations to South Carolina to explore the landscape. Today, we are very excited with the news that Gnotec has selected the Central SC region and Orangeburg County to establish their first facility in the United States. We congratulate the Central SC Alliance for their marketing efforts in the Nordics,” FKG CEO Fredrik Sidahl stated.
“We are very excited to welcome a Swedish-based Volvo Cars supplier to Orangeburg County. Our Central SC Alliance staff has worked diligently over the past years to market our eight-county region to Scandinavian automobile suppliers, and Gnotec’s decision to locate in the area is a great start to a growing local Volvo supplier base. Congratulations to the company and our partners in Orangeburg County,” Central SC Alliance Chairman Mike Brenan added.