Laurens County Development Corporation celebrates successful 2016 Laurens County Development Corporation (LCDC) board members, stakeholders and investors received a report card on the 2016 economic development climate for Laurens County and the state of South Carolina at the LCDC annual meeting on Tuesday at Musgrove Mill Golf Club. Nelson Lindsay, Director of Global Business Development for the SC Dept. of Commerce, and Jonathan Coleman, Executive Director of the LCDC, issued the reports for their respective organizations. Lindsay’s annual recruitment report indicated that in 2016, South Carolina recruited 13,101 jobs in 131 projects with a capital investment of $3.4 billion. In 2015, 17,288 jobs were recruited in 150 projects with a capital investment of $4.2 billion. Read More Here
U.S. Commerce Department Invests $1.3 Million to Help Attract FDI and Create Jobs in South Carolina U.S. Assistant Secretary of Commerce for Economic Development Jay Williams today announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.3 million grant to Laurens County Water and Sewer Commission of Laurens, S.C., to help build critical water and sewer infrastructure for an industrial park to support foreign direct investment. According to the grantee, the investment is expected to create 80 new jobs and generate $17.6 million in private investment. Read More Here
Rural Infrastructure Authority awards more than $9 million in water and sewer grantsTwenty-five projects across the state to receive funding. Building capacity in water, sewer and storm drainage infrastructure continues to be the focus of the S.C. Rural Infrastructure Authority (RIA), as its Board of Directors recently approved more than $9 million in grant awards for 25 projects across South Carolina. More than half of the projects funded were in counties designated as Tier III and IV, which are considered to be less developed. Read More Here.
ZF welcomes first class of apprentices Ten recent high school graduates started work at ZF Transmissions this week, thanks to a partnership between the company, both Laurens County school districts and Piedmont Technical College. The ten students are the first group to go through a new, three-year apprenticeship program that will eventually take students in the eleventh grade and train them for careers at ZF that they can start as soon as they get out of school. [Photo Courtesy of The Laurens County Advertiser] You can read it online here.
Yanfeng Automotive Interiors announces new development in Laurens County Yanfeng Automotive Interiors, the world’s largest supplier of automotive interior components, is establishing operations in Laurens County. The new development is expected to bring $71 million of new capital investment and lead to the creation of 35 new jobs. You can read it online here.
Cobb-Vantress, Inc. establishing operations in the Upstate Cobb-Vantress, Inc., a leading poultry research and development firm and subsidiary of Tyson Foods, Inc., will begin construction on a new feed mill in Laurens County, South Carolina early in 2016, with completion planned towards the middle of 2017. The $22 million investment is expected to create about 12 new jobs in Joanna, S.C. Read More Here
D&W Fine Pack expanding operations in Laurens County An Illinois-based company plans to expand its Laurens County manufacturing operations. D&W Fine Pack — a food service and food-packing company based in Elk Grove Village, Ill. — plans to spend $20 million and add 60 jobs at the company’s Fountain Inn location. The investment and job creation is expected to be over the next five years. Read More Here
Reinicke Athens, Inc. expanding its new Laurens County operations
Company planning to invest an additional $5.5 million in new facility
Reinicke Athens, Inc. (RAI), a Georgia-based leading industrial contractor, is planning to invest an additional $5.5 million in its new Laurens County facility, which it broke ground on in August 2015. This adds to RAI’s initial $4.5 million investment in the project. Read More Here
AstenJohnson, Inc. expanding Laurens County manufacturing operations AstenJohnson, Inc., a global leader in the production of press fabrics, is expanding its existing manufacturing operations in Laurens County. The company is planning to invest $32 million on new equipment in the next 5 years with the largest purchase being a new needle loom in 2016. Read More Here