Schaeffler Group has expanded its Fort Mill plant in South Carolina and opened a new office building. The supplier said it had created 100 new jobs.
Schaeffler has been in South Carolina for almost 50 years and spent US$36.5m (EUR32.5m) to expand production at one of its two Fort Mill plants.
Go deeper with GlobalData
"We want to deliver long-term value as a true partner. Therefore we are committed to further grow our business in the Americas, and invest in the US in capital and in the people both in the industrial and the automotive markets," said Klaus Rosenfeld, CEO of Schaeffler.
Expanding the plant's production space by around 3,250 square metres has increased capacity for stamping, heat treatment, and mounting of axial bearings, which are used in eight, nine, and 10-speed automatic transmissions.
The new administration building offers around 6,000 square metres of space for offices, a multimedia conference centre, and a restaurant.
Schaeffler also operates plants in Spartanburg and Cheraw, also in South Carolina. In total, it employs 6,000 at eight plants and three research and development centres.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
