Germany-Based Schaeffler Group USA Opens Operations Hub In Fort Mill, South Carolina
06/01/2017
"Schaeffler is excited to celebrate another milestone in our five-decade partnership with the State of South Carolina," said Schaeffler America CEO Bruce Warmbold. "The increased production capacity in our Fort Mill 1 plant enables our company to offer more job opportunities for residents of the Palmetto State as well as more high-tech solutions to our automotive and industrial customers. Schaeffler is grateful to Governor Henry McMaster and the State of South Carolina for their continuing support of Schaeffler's operations as we work to help shape Mobility for tomorrow."
Schaeffler Group USA Inc.'s latest $36.5 million capital investment, which generated approximately 105 additional jobs, resulted in the construction of a new administrative office building, the expansion of one of two factories located on the company's Fort Mill campus, and a reworked plant entrance to accommodate the growth and increase in traffic.
The factory expansion, which creates almost 35,000 sq. ft. of additional manufacturing space in the company's Fort Mill 1 Plant, increases capacity in stamping, heat treatment and assembly for thrust bearings used in 8-, 9- and 10--speed automatic transmissions. Meanwhile, the brand-new administrative building encompasses over 64,000 sq. ft. of office space, including state-of-the-art workstations, a multimedia conference center for regional meetings, and a full-service employee cafeteria.
The York County expansion is part of a $164 million capital investment in Schaeffler's South Carolina operations, which include facilities in Spartanburg County and Chesterfield County, that was announced back in January 2015. Collectively, the investments are expected to create more than 440 new jobs in the Palmetto State.
In the U.S. alone, Schaeffler employs approximately 6,000 people at eight factories and three technology centers spread throughout South Carolina, Ohio, Missouri, Michigan and Connecticut.
"South Carolina's manufacturing industry is one of the fastest growing in the world, and we have fantastic companies like Schaeffer to thank for that," said Governor Henry McMaster. "Each time a company like this one commits to our state and invests in our people, it shows that our State is a great place to be doing business. Today's celebration is just one of many that we know the partnership between Schaeffer and South Carolina will produce in the years to come."
Project Announcements
Brightline West-Siemens Mobility Plans Horseheads, New York, Production Operations
09/11/2024
TCI Tank Logistics Expands Port of New Orleans, Louisiana, Transloading Operations
09/11/2024
Unified Resources in Display Plans Hardeeville, South Carolina, Manufacturing Operations
09/11/2024
Raymond Corporation-Toyota Material Handling Expands Kirkwood, New York, Operations
09/11/2024
Builders Supply Co. Expands Fort Payne, Alabama, Manufacturing Operations
09/11/2024
Kentucky Aluminum Processors Plans Russellville, Kentucky, Operations
09/10/2024
Most Read
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023