Economic development professionals and attorneys with the Business Investment & Incentives Group at Parker Poe Adams & Bernstein LLP and Parker Poe Consulting are helping the Turkish company, Mogul, establish its first North American operation in Laurens County, according to a release issued by the company. The…
Economic activity in the manufacturing sector expanded in August for the 32nd consecutive month, and the overall economy grew for the 75th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued by Bradley J. Holcomb, CPSM, CPSD,…
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…
Shaw Industries, Inc. (Shaw) has announced it is investing at least $45 million in its Lexington County, S.C. carpet fiber plant for additional capacity for both nylon and polyester production. The investment will create more than 50 new jobs. “By continuing to invest in our people, processes…
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,…
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…
New and expanded manufacturing facilities represent a significant capital investment for companies. A common factor in successful capital project delivery is investment in the early developmental stages of projects. This ”project definition” phase is typically part of the preconstruction process. By investing in an interactive and collaborative…
As global manufacturers grapple with how to employ a unified product and service innovation approach to best succeed in today’s global economy, IDC Manufacturing Insights embarked on a survey to better understand manufacturers’ product and service innovation methods, practices, and plans. The results, highlighted in the new report,…