Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Monday, June 18, 2012

Cummins Turbo Technologies expanding in North Charleston, $19.5 million investment expected to create 76 new jobs


Cummins Inc. is expanding its Turbo Technologies operations in North Charleston with a $19.5 million investment that is expected to generate 76 jobs.

Cummins Turbo Technologies, which designs and manufactures turbochargers for diesel engines, is adding a new building and expanding its office space at its campus in the Palmetto Commercial Park in North Charleston. As part of the expansion, Cummins is building a 125,000-square-foot warehouse. Another 10,000 square feet of new office space will be added to the existing building and 10,000 square feet of existing space will be renovated.

“We are excited about the chance to expand in Charleston County. South Carolina has provided an excellent environment in which to do business, and this expansion will help us to better serve our customers. We appreciate all the support we’ve received from state and local officials,” said Cummins Turbo Technologies Plant Manager Willis Pugh.

“It’s another great day in South Carolina when a company like Cummins Turbo Technologies chooses to expand here. We celebrate the company’s $19.5 million investment and the 76 new jobs they will create in North Charleston. South Carolina’s business-friendly climate continues to attract job-creating investments like this one,” said Gov. Nikki Haley.

Cummins Turbo Technologies opened its first Charleston area manufacturing plant in 1989, operating under the name Holset Engineering until 2006. The company previously announced an expansion at the plant in July 2008. The current expansion is expected to be completed in the fourth quarter.

“Cummins has had a presence in the Lowcountry for a number of years and it’s exciting to see them grow in Charleston. We continue to see manufacturers across the state expand and create new jobs. Today’s announcement builds on that trend,” said Secretary of Commerce Bobby Hitt.

Since January, South Carolina recruited more than $2 billion in investment and more than 3,000 new jobs in the manufacturing sector.

“Our heartiest congratulations go out today to Cummins on this fabulous expansion project,” said Charleston County Council Chairman Teddie E. Pryor. “Cummins and Charleston County have written three decades of great business history together, and we welcome this expansion of the Turbo Technologies campus, which we know will create great synergies and keep the North Charleston operation globally competitive. Our hats are off to the Cummins management and workforce today, and you will always find a partner in Charleston County.”

“The expansion of Cummins Turbo Technologies in Palmetto Commerce Park gives us confidence that the City of North Charleston and the greater Charleston region remains a ripe environment for businesses to flourish. We applaud Cummins’ success as an industry leader and are thankful for the sizable capital investment and new jobs that our community will receive,” said North Charleston Mayor Keith Summey.

Hiring for the new positions will be handled by Malace International. Anyone interested in applying for a job should e-mail Bryan Stewart at bryan@malacehr.com.

The Coordinating Council for Economic Development approved a set aside grant for $150,000.

About Cummins
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins employs approximately 44,000 people worldwide and serves customers in approximately 190 countries and territories through a network of more than 600 company-owned and independent distributor locations and approximately 6,500 dealer locations. Cummins earned $1.85 billion on sales of $18.0 billion in 2011. Press releases can be found on the Web at www.cummins.com.

Wednesday, September 21, 2011

Immedion expands operations, bringing data center to North Charleston

Mayor Summey speaks at Immedion expansion announcement
Immedion LLC, a South Carolina-based dedicated data center and managed services provider, is building its third data center in North Charleston, SC with plans to open in late spring. The third site further expands Immedion’s data center redundancy and disaster recovery offerings and allows Immedion to better serve the managed hosting needs of the southeast region. The new facility is expected to bring 20 new jobs and $6 million in capital investment.

Located in the Palmetto Commerce Park, the North Charleston facility will be specially constructed to withstand high winds and other special conditions normally associated with coastal regions.  “Our customer base is any size business with critical information technology assets located nearby,” added Immedion CEO, Frank Mobley, “This facility will provide an ideal location for companies who want to keep these assets close by, but are in a high risk area, or have outgrown their internal capacity.”

“Information technology is a rapidly growing sector of our economy and is a key target industry in the Opportunity Next economic development strategy,” said CRDA Board Chairman R.M. Singletary. “We’re glad to see Immedion expand its footprint in the state and bring additional high quality, high paying jobs to the Charleston region.”

"We welcome Immedion to Charleston County," said Teddie E. Pryor, Sr., Chairman of Charleston County Council.  "The entry of this great company into our region strengthens Charleston’s 'knowledge economy' and is further proof this is a great market for business.”

“With its dual power infrastructure and fiber optics, Palmetto Commerce Park is quickly becoming known as a hub for innovative companies and data centers, and we’re thrilled to see Immedion locate to such a thriving area, said City of North Charleston Mayor Keith Summey. “North Charleston is the right choice for technology companies looking to locate, grow their business and be confident their information will be protected.”

Monday, September 19, 2011

The InterTech Group announces 350 new jobs



On September 14, 2011, The InterTech Group announced that its aerospace subsidiary, TIGHITCO (T-I-G-hit-co), will construct a state of the art manufacturing facility in North Charleston, SC.

Upon completion, the project will represent a between a $30 and $40 million investment, and is expected to generate approximately 350 jobs.

TIGHITCO is an industrial and aerospace engineering, design, manufacturing and repair company.  THe North Charleston location will be the sixth manufacturing facility for TIGHITCO, whose other locations are in Georgia, Connecticut and Mexico.

TIGHITCO products are utilized by companies worldwide and can be found on the majority of aircraft built in North America.

The new TIGHITCO facility will be located in Palmetto Commerce Park.  The facility will be built in phases.  The initial phase, totaling 120,000 square feet, is projected to be complete by fall of 2012.  Ultimately, it is planned that the facility will each 300,000 square feet.  The timeline for construction of the final phases will be based on capacity utilization and the needs of the customers.