Nexans to build $85 Million Cable Plant In South, Carolina, Creating 200 Jobs
03/22/2012
"Establishing our Berkeley plant is a key strategic development that will enable Nexans to capitalize on the ever growing demand for high-quality high-voltage cables designed and manufactured to meet the specific needs of the major power transmission infrastructure projects in North America and worldwide in the coming years," said Dirk Steinbrink, vice president in charge of Nexans' High Voltage and Submarine Business Group.
Nexans will first manufacture high-voltage power cables, with possible future extension to include production of submarine cables. The company expects plant to be operational in 2014, a company spokesman said.
As an incentive to building in state, the Coordinating Council for Economic Development approved a rural infrastructure grant worth $1.6 million to help with site preparation and infrastructure improvements. Job development credits will also be available when the firm meets hiring targets. South Carolina Economic Development will also provide training for potential workers.
"Nexans is a world class company and we're grateful they've chosen South Carolina to help them make world class cables. Announcements like this one continue to build momentum for our state's manufacturing renaissance," said Secretary of Commerce Bobby Hitt.
"We are excited to welcome Nexans to the Charleston region, adding their expertise to a growing base of global manufacturing companies," said R.M. Singletary, Charleston Regional Development Alliance Board chairman. "The Port of Charleston, Bushy Park Industrial Complex and our ready supply of highly-skilled workers were critical factors in Nexans' decision to locate here. They will be an invaluable asset to our region."
Project Announcements
Sun Pharmaceuticals Plans Princeton, New Jersey, Headquarters
03/18/2025
Engineered Foam Packaging Expands Bishopville, South Carolina, Operations
03/18/2025
Space Exploration Technologies Corporation Expands Bastrop, Texas, Operations
03/16/2025
Ralliant Corporation Plans Raleigh, North Carolina, Global Headquarters
03/16/2025
CG Model Tek Expands Coffee County, Tennessee, Manufacturing Operations
03/16/2025
TST Fabrication and Machine Expands Norfolk, Virginia, Headquarters-Operations
03/16/2025
Most Read
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Forging Solid Foundations
Q1 2025
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
What to Make of the Rising Trend of Salary Transparency in Job Descriptions
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024