Fukoku America Expanding Laurens County Operations
Posted: March 5, 2017
Company investing $13.9 million in existing manufacturing plant
Fukoku America, a manufacturer of rubber and plastic automotive products is growing its operations in Laurens County. The expansion is expected to bring $13.9 million in new investment and lead to the creation of 65 jobs.
Fukoku is the largest producer of wiper blade rubber in the world and is used in a variety of applications, from automobiles and trains to ships and aircraft. With an annual production of wiper blade rubbers exceeding 200 million, the company accounts for a large share of the domestic market and approximately 40 percent of the international market. Fukoku also develops seals for industrial applications, such as pneumatic tools and industrial machinery. Read more.
Laurens County Development Corporation Celebrates Successful 2016
Posted: January 19, 2017
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.
U.S. Commerce Department Invests $1.3 Million to Help Attract FDI and Create Jobs in South Carolina
Posted: January 5, 2017
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.
“The Commerce Department is committed to improving our nation’s infrastructure to attract private investment, which is crucial for job growth,” said Assistant Secretary Williams. “The grant announced today will support the development of an industrial park that will attract foreign direct investment to create jobs in Laurens County.”
As a member of South Carolina’s Upstate Alliance, Laurens County has a global marketing presence that will help it continue to attract direct foreign investment. The primary beneficiary of this project is a Turkish non-wovens manufacturing company. This investment will support economic diversification and resiliency in a region subject to flooding. It will also support the future expansion of other foreign companies in the United States.
Rural Infrastructure Authority Awards More Than $9 Million in Water and Sewer Grants
Posted: November 15, 2016
COLUMBIA, S.C. — 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.
More than 23,000 residential customers and 2,000 businesses will benefit from the improvements, thereby strengthening the efforts to protect public health and the environment as well as support
existing and new economic activities. Read more.
ZF Welcomes First Class of Apprentices
Posted: Oct 17, 2016
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]