Sweden-Based Frauenthal Gnotec Plans Fountain Inn, South Carolina, Manufacturing Plant
The $8.2 million investment will expand production to an existing facility in Laurens County.
Jörgen Oldenstedt, President & CEO, Frauenthal Gnotec said, “We are really pleased with our new facility located in Lauren County. The new facility significantly increases our production capacity and improves the overall flow of our production processes. The expansion is fueled by the continued growth we have had in recent years and will create a wide variety of interesting jobs. The new facility will enable us to successfully meet the rapidly growing demand for our products and services and to better serve our customers and long-term business partners located around the world.”
According to the Upstate S.C. Alliance, the Swedish company’s products are found in premium cars, trucks, and safety systems. High automation, together with lean manufacturing, continuous improvement and zero-defect principle, are part of the DNA at each Gnotec plant location.
Jonathan Coleman, President & CEO, Laurens County Development Corporation, added, “Laurens County continues to be a great place for foreign direct investment, and we would like to welcome Gnotec to our manufacturing community. We are committed to continuing to grow our manufacturing and industry base which already makes up over 54% of our county wages. We look forward to Gnotec helping us expand those numbers and working with their great company to help them grow in Laurens County.”
Founded in 1947, Gnotec Group is a leading International manufacturer of metal components to the Automotive and Commercial Vehicle industry. With operations in China, Czechia, Germany, Sweden, Slovakia, and the U.S., Gnotec has more than 1500 employees. The company offers state of the art technology in Automatic pressing, Laser cutting, Press bending, Welding, other metal processes and assembly.
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