Drive Automotive Industries of America Invests $50 Million To Expand Piedmont, S.C. Facility
Drive Automotive Industries of America, a manufacturing division of Cosma International, which is an operating unit of Magna International Inc., will expand its manufacturing facility located on Moon Acres Road in Piedmont, South Carolina.
While information whether a tax incentive package was provided by local officials or the state was not immediately available, Craig Lane, general manager of Drive Automotive, said; "Given the competitive nature of obtaining funding for projects, we at the Drive facility are very appreciative of the support of Greenville County Council and the Governor's Office."
"We celebrate Drive Automotive's decision to invest $50 million and create 60 new jobs. South Carolina continues to show that it is the right place to do business. Announcements like this one show we are doing the right things to help companies prosper and grow," said Gov. Nikki Haley.
Drive Automotive manufactures automotive body panels and assembles body systems using state-of-the-art equipment such as multi-ton hydraulic presses and advanced robotic systems. This expansion will support a growing customer base among the major automotive and heavy truck manufacturers, The Governor's Office said.
"We continue to build on our success in the automotive club. Drive Automotive's announcement is another indication that South Carolina's automotive industry, and manufacturing sector as a whole, continues to create wealth and new jobs," said Secretary of Commerce Bobby Hitt.
"Greenville County is committed to reducing unemployment and increasing per capita income in Greenville County, and Drive Automotive is a good example of a good quality employer with innovative business practices that fits nicely into our local economy," said H.G. "Butch" Kirven, director of the Greenville Area Development Corporation and chairman of Greenville County Council.
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
A Heightened Focus on Reshoring
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
COVID-19 and Site Selection in the Near and Long Term
34th Annual Corporate Survey & the 16th Annual Consultants Survey