Sweden-Based Frauenthal Gnotec Plans Fountain Inn, South Carolina, Manufacturing Plant
06/28/2021
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.
Project Announcements
Lufthansa Technik Expands Tulsa, Oklahoma, Operations
02/10/2025
AGS America Expands Opelika, Alabama, Manufacturing Operations
02/10/2025
Italy-Based Serioplast Plans Shenandoah County, Virginia, Operations
02/09/2025
Flash Steelworks Expands St. Clair County, Michigan, Operations
02/09/2025
Coast Packing Company Establishes Amarillo, Texas, Operations
02/09/2025
CC Patio Establishes Phoenix, Arizona, Manufacturing Operations
02/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024