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Tool Manufacturer Investing $18 Million for Expansion in South Carolina

Greenfield Industries Inc., a manufacturer of expendable cutting tools, will invest $18 million to expand its facility in Seneca, South Carolina, according to the South Carolina governor's office. The company plans to add 85 new jobs over the next five years. Greenfield will add 50,000 square feet to its current facility, which will allow the company to consolidate some operations and add a North American distribution center. "We are pleased to move forward with plans to expand our facility, which will help us meet customer demand for our products, as well as improve the efficiency of our operations," says Ty Taylor, Greenfield Industries' president. "Oconee County has provided us with an excellent business environment and a strong work force." The company plans to begin hiring the new positions by the end of this month. No information was released regarding financial incentives.

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