Located at 1220 Steel Road, SteelFab, Inc.'s expansion will increase its overall capacity for cutting, drilling and fabrication of structural steel. Additionally, the expansion will create a third production line and relocate the two existing lines to a new area on the existing property.
Construction related to the expansion is expected to be completed by the second quarter of 2021. The overall expansion is expected to be completed by 2025.
"This project is SteelFab, Inc.'s largest capital expenditure in its Florence plant since opening in 1988. We are proud to be a part of the Florence community, which has helped us achieve incredible growth over the past 32 years,” SteelFab, Inc. South Carolina Division President Rob Rutherford said.
"It's always exciting when a longtime partner like SteelFab, Inc. decides to expand in our state. SteelFab, Inc.'s $5 million investment and creation of 28 new jobs is great news for Florence County, and we are looking forward to seeing them build on their success for years to come,” Governor Henry McMaster said.
With 15 locations nationwide, SteelFab, Inc. provides welding, coating, assembly, fabrication and other related services for steel products throughout the United States.
"South Carolina has a history of showing strength in the face of adversity, so it's no surprise that despite the challenges we face today, we have managed to persevere. The expansion of an existing industry in Florence County that will create jobs and investment is an example of how South Carolina continues to press on even in the most trying of circumstances,” S.C. Senate President Pro Tempore Hugh K. Leatherman noted.