Family-owned precision manufacturing companies in South Carolina now have a viable option for maintaining and improving their life’s work should they decide to sell. Premo Ventures, an equity firm based in Greenville, SC, will target baby boomers with manufacturing businesses generating an annual revenue of $500,000 to…
OMP Mechtron, LLC, a manufacturer of mechanical parts and electronic integration, is expanding its existing Midlands operations by establishing a new facility in Lexington County. The company is investing $2.9 million in its new operations, creating 20 new jobs over the next five years. OMP Mechtron, LLC…
Foreign investment in South Carolina continues as Mogul, a privately-owned company that focuses on the production of and sale of nonwovens, is establishing its first North American operations – Mogul South Carolina Nonwovens Corporation. The company is investing $17.6 million in its new operations, creating 38 new…
AmbioPharm, Inc. (APi), a company that specializes in the manufacturing of peptides and the development of generic drugs, is expanding its existing Aiken County operations. The company is investing $18.8 million in the expansion and will create 100 new jobs over the next five years. APi started…
Proterra Inc., the leading provider of zero-emission battery-electric buses, today announced that it has been named to the 2015 Inc. 500 list, an exclusive ranking of the nation’s fastest-growing private companies. Ranked number 425, Proterra has been recognized for a 1,119% growth in the last three years,…
Milliken Infrastructure Solutions, LLC (MIS), a subsidiary of Milliken & Company, today announced the launch of its “Industry Insights: Geopolymers” series of podcasts. Led by development manager Joe Royer, each installment offers a detailed look at common infrastructure repair problems in the storm and sanitary markets and…
Domtar Corporation’s (NYSE: UFS) (TSX: UFS) short documentary, A Portrait on Paper, earned three Telly Awards. The 36th annual Telly Awards honor the finest film and video productions, attracting more than 12,000 entries from five continents. Domtar’s inspirational short video received a Silver Award for Best Corporate…
Haier America is expected to announce an expansion at its Camden, SC manufacturing facility this week. The company currently operates a 300,000 square-foot plant that employs 250 people. The expansion project is expected to add 250,000 square-feet and over 400 jobs. Haier’s South Carolina manufacturing facility is…
With an investment of $42 million, Honda of South Carolina Mfg., Inc. (HSC) today announced the creation of 44 new jobs to support production of two new Honda lines. Honda executives and associates were joined at the celebration of the new production model by South Carolina Lt. Governor…
Bintelli, maker of citEcar Electric Vehicles as well as exclusive U.S. distributor for Bintelli and Adly Scooters, recently opened the doors to their new facilities in Charleston, South Carolina. Now fully operational, the new facilities will house Bintelli’s headquarters — including warehouse, production lines, R&D, and the…