High-tech machine manufacturer Kostwein will invest $8.5 million to establish operations in Greenville, South Carolina. The project is expected to create 95 new jobs.
The company’s first U.S. facility will be located at 500 Hartness Drive and is scheduled to be completed by March 2022.
“Kostwein is a family company with a 100-year history acting in the build-to-print business. We are proud that our customers are world market leaders in the different fields of machine production. Our headquarters is in Austria, and we have production facilities in Croatia and India – totaling 1,200 employees in the group. We are glad to announce that we are growing our global production footprint with the manufacturing facility in Greenville County,” said Kostwein Group CEO Hans Kostwein.
The Coordinating Council for Economic Development approved job development credits related to this project. Greenville County was also awarded a $300,000 Set-Aside grant to assist with costs related to this project.
“South Carolina’s positive business climate and excellent workforce continue to attract businesses from all around the world. Congratulations to Kostwein on their new operations, and we welcome them to Greenville County and South Carolina,” said Secretary of Commerce Harry M. Lightsey III.
Founded in 1921 and headquartered in Austria, Kostwein produces machines, modules and high-tech components for all sectors of mechanical engineering.
“An international company, bringing high-tech solutions that enhance South Carolina’s existing manufacturing community is the type of economic growth that will sustain our momentum amid the rapid digitization of global business. Kostwein’s decision to launch its first U.S. facility within our region is an endorsement for the business environment, workforce and success companies find in the Upstate,” Upstate SC Alliance President and CEO John Lummus added.