DMA Holdings Eye Nichols, South Carolina, for Manufacturing & Distribution Hub
The company plans to invest more than $3.9 million and will create 25 new jobs in Marion County. Located at 202 Averette Street in Nichols, the 377,000-square-foot facility will increase the company’s assembly, manufacturing and distribution capabilities required to meet expanding growth. This is the company’s second facility in the county. Operations are expected to be online in October 2020.
The Coordinating Council for Economic Development has awarded a $400,000 Rural Infrastructure Fund grant as an incentive to Marion County to assist with costs related to this project.
“We are proud to continue our partnership with Marion County as we expand our automotive operations in the town of Nichols. Since coming to Marion County in 2018, we have experienced tremendous support from the local, county and state levels. This new facility will play a big part in our strategic growth initiatives for the coming years,” DMA President & CEO John Treece said.
“It’s exciting to see another one of South Carolina’s existing businesses grow its footprint in our state. We celebrate DMA’s decision to invest in its Marion County operations and continue to create jobs in one of our state’s rural communities,” Governor Henry McMaster noted.
“Our state’s reputation in the automotive club continues to grow with the help of announcements like this one by DMA. The company’s investment will create jobs that will have an impact in Marion County and beyond,” said Secretary of Commerce Bobby Hitt.
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Nondisclosure Agreements Best Practices When Negotiating Incentives