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Area Development - Site Selection, Facility Planning and Workforce Development

SEW-Eurodrive Plans $20 Million Expansion At Its South Carolina Plant

06/04/2012
SEW-Eurodrive Inc., a manufacturer of industrial gear motors and electronics, will invest $20 million to expand its facility in Lyman, Spartanburg County, South Carolina.

"We are pleased to move forward with plans to further expand our operations in South Carolina. Spartanburg County has long provided us with a positive economic environment and a talented workforce for our operations, and we look forward to continued growth here. We appreciate all the support we have received, from Duke Power as well as from state and local officials," said Randall Digby, assistant treasurer of SEW-Eurodrive.

SEW-Eurodrive will expand its manufacturing facility at 1295 Old Spartanburg Highway in Lyman, South Carolina, initially creating 40 jobs. The company will add a new line to produce industrial gears, which are used for heavy lifting applications.

"When our manufacturers, like SEW-Eurodrive, choose to grow operations in South Carolina, we know we're on the right track in our economic development efforts. We're going to celebrate the company's decision to invest $20 million and create 40 new, well-paying jobs in Spartanburg County," said Gov. Nikki Haley.

"SEW-Eurodrive has been a part of South Carolina's business community for nearly three decades and today's announcement serves as another indication of the company's commitment to our state. Manufacturing remains a key component of our state's economy and SEW-Eurodrive's decision to expand operations here shows that our state's business-friendly climate provides a strong foundation for growth," said Secretary of Commerce Bobby Hitt.

While the package of incentives provided the firm where not immediately available, David Britt, chairman of Economic Development Committee of Spartanburg County Council and board member of the Economic Futures Group said "we are pleased SEW-Eurodrive, a long time corporate citizen of Spartanburg County, is diversifying and growing their operation here. We are always excited when existing companies grow, verifying Spartanburg County as an excellent location to do business.

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