Stueken, which provides precision deep draw and metal stamping components to the automotive, electronics and consumer goods markets, will invest $3.2 million to expand its manufacturing center in Fountain Inn, South Carolina, to address growing customer demand in Greenville County.
"Our Fountain Inn location is seeing more opportunity as manufacturers realign suppliers to enhance local supply chain initiatives," said Deric Frisch, North American sales and marketing manager for Stueken LLC. "We are pleased with the opportunity to expand in South Carolina which, we believe, is becoming a hub for precision manufacturers. We appreciate the support we have received from the South Carolina Department of Commerce and Greenville Area Development Corporation in making this expansion possible."
"Once expansion is completed in Spring 2014, the operation will exceed 110,000 square feet and employ more than 100 associates," Frisch noted, "allowing us to continue growing and meeting customer needs over the next 5 to 10 years.”
Stueken's proprietary processes provide manufacturers with economic and ecological solutions to their precision metal component needs. Delivering raw material utilization far higher than traditional machined-turned technology, the company creates precise shapes from copper, stainless steel, aluminum and other exotic materials while improving strength and retaining the material grain structure. The company's capabilities are in increasing demand in automotive fuel injection and braking systems, as well as in the pharmaceutical, medical device, electronics and consumer goods industries.
"South Carolina is continuing to see existing companies expand and invest here, proving to the nation that this is the right place for manufacturing," said Gov. Nikki Haley. "I believe this will be an exciting year for South Carolina as our manufacturing sector continues to grow, and Stueken's creation of 27 new jobs in Fountain Inn is a great start."
"South Carolina continues to be at the forefront of the manufacturing renaissance because of companies like Stueken," said Secretary of Commerce Bobby Hitt. "We are excited with what 2014 has in store as we stay on track with our economic development efforts."
"We're pleased that Stueken LLC has chosen to expand their operations here in Greenville County, and appreciate the roles played by Commerce, the City of Fountain Inn and County Councilman Dan Rawls in making this happen," said Dr. Bob Taylor, chairman of Greenville County Council and board member of the Greenville Area Development Corporation. "The company's decision is an important affirmation of this region's continuing strategic focus on advanced manufacturing.