EcoDual Invests More Than $13 Million On Beauford County, South Carolina, Manufacturing Facility
06/20/2013
The firm develops proprietary dual fuel conversion systems that enable diesel trucks to operate on up to 60 percent natural gas, allowing truck fleet owners to reduce operating costs by utilizing the cleaner, U.S.-produced natural gas as a transportation fuel. The company is currently located in a temporary facility at 9 Pin Drop Lane in Beaufort. EcoDual will build a permanent facility in the Beaufort Commerce Park within the next 18 months.
“We are excited about establishing our new manufacturing operations in Beaufort County,” said Anant Vashi, chief financial officer for EcoDual. “South Carolina offers EcoDual a fantastic business environment and an excellent talent pool to ensure we can meet our customers’ expectations. With the growth we are experiencing in our business, we are excited to plant deeper roots in the state. We are grateful for the support we’ve received from state and local officials.”
“Today’s announcement is a big win for the Lowcountry and the state as a whole,” said Gov. Nikki Haley. “We celebrate EcoDual’s decision to invest more than $13 million and create 307 new jobs in Beaufort. Investments like this one have helped drive our state’s manufacturing growth and brought more well-paying jobs to our state.” The Coordinating Council for Economic Development approved job development credits. In addition, the company will work with readySC on hiring and training workers.
“South Carolina’s automotive sector continues to grow with announcements like this one from EcoDual,” said Secretary of Commerce Bobby Hitt. “Our success as a member of the automotive club has attracted job-creating investments from automotive-related companies for two decades.”
“We are very excited that EcoDual has chosen Beaufort County as their location and look forward to many successful years of business growth. It is a great time to welcome new, high-skill manufacturing to our region,” said Beaufort County Council Chairman Paul Sommerville.
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