SEW-Eurodrive Inc., a maker of industrial gear motors and electronics, today announced that the company will expand its current operations in Spartanburg County, SC. The $20 million investment is expected to generate 40 new jobs.
“We are pleased to move forward with plans to further expand our operations in South Carolina. Spartanburg County has long provided us with a positive economic environment and a talented workforce for our operations, and we look forward to continued growth here. We appreciate all the support we have received, from Duke Power as well as from state and local officials,” said Randall Digby, assistant treasurer of SEW-Eurodrive.
SEW-Eurodrive will expand its manufacturing facility in Lyman. The company will add a new line to produce industrial gears, which are used for heavy lifting applications. The company’s Lyman facility was initially opened in 1983 and has been expanded since then.
“When our manufacturers, like SEW-Eurodrive, choose to grow operations in South Carolina, we know we’re on the right track in our economic development efforts. We’re going to celebrate the company’s decision to invest $20 million and create 40 new, well-paying jobs in Spartanburg County,” said Gov. Nikki Haley.
Since January, South Carolina recruited more than $2 billion in investment and more than 3,000 new jobs in the manufacturing sector.
“SEW-Eurodrive has been a part of South Carolina’s business community for nearly three decades and today’s announcement serves as another indication of the company’s commitment to our state. Manufacturing remains a key component of our state’s economy and SEW-Eurodrive’s decision to expand operations here shows that our state’s business-friendly climate provides a strong foundation for growth,” said Secretary of Commerce Bobby Hitt.
“We are pleased SEW-Eurodrive, a long time corporate citizen of Spartanburg County, is diversifying and growing their operation here. We are always excited when existing companies grow, verifying Spartanburg County as an excellent location to do business,” said David Britt, chairman of Economic Development Committee of Spartanburg County Council and board member of the Economic Futures Group.