Techtronic Industries Plans $100 Million Expansion in Anderson, South Carolina
TTI's expansion will include a new 1 million-square-foot manufacturing plant and warehouse to support production and assembly operations. The expansion, which is expected to be completed by the fourth quarter of 2022, will also include a reconditioning plant.
"This is a significant step in our continued growth and evolution as a company. This will be a world class manufacturing and warehousing facility, to support our ever-expanding outdoor product and power tool businesses. We certainly appreciate the support of the state of South Carolina and Anderson County to help make it possible for us to continue to invest in facilities, people and innovative products in Anderson,” said Outdoor Products Group President Lee Sowell.
"This investment by TTI in Anderson County is further proof that South Carolina is an important hub for international business. These 525 new jobs will make a big impact in the Palmetto State, and I can't wait to see what the future holds for this great company's continued growth here,” Governor Henry McMaster said.
"Team South Carolina works hard every day to cultivate a pro-business environment so companies like TTI can be successful. Congratulations to this great company on their $100 million investment that will create 525 new jobs for South Carolinians. We look forward to watching them continue to succeed for years to come,” Secretary of Commerce Bobby Hitt noted.
Founded in 1985, TTI has continuously expanded around the world through organic growth and acquisitions and is a recognized world leader in designing and manufacturing a variety of power tools, outdoor products and accessories for both residential and industrial clients.
"We are truly fortunate to have Techtronic Industries as a partner in our community. Major expansion announcements like this help show the world the degree of trust that several multinational corporations have placed in our local workforce, and I couldn't be more proud than I am today of our county and our people,” noted Anderson County Council District Four Vice Chairman Brett Sanders.
Overlook Produce and Farm Adventures Plans Rockingham County, Virginia, Produce Packing Hub
What’s Driving Record Industrial Real Estate Demand
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Pandemic Fuels Data Center Growth
35th Annual Survey of Corporate Executives Commentary: Change in Site Selection Priorities and Plans Over the Short and Long Term
Trends in Office and Industrial Parks