Alupress AG, an aluminum casting company based in Italy, announced Thursday plans to establish its new production facility in Laurens County.
Alupress recently purchased Koerber LLC, now named Alupress LLC, in Laurens.
The $19.9 million investment is expected to generate 57 new jobs, according to the S.C. Department of Commerce. The plant will manufacture products for automotive industry clients.
The company will open a new 30,000-square-foot aluminum castings plant. The new facility is expected to begin operations in 2014.
“The new plant will give us close proximity to our customers,” Alupress AG CFO Wolfgang Knollseisen said in a news release.
The company will begin hiring for the new positions in January 2014. Inquire here.
“We are extremely pleased to see our existing industry grow,” said Laurens County Councilman Jim Coleman in a news release. “Alupress is another example of industry realizing success in a rural county.”
The Coordinating Council for Economic Development approved job development credits.
Since January 2011, South Carolina has recruited more than $5 billion in capital investment and more than 8,000 jobs in the automotive-related sector, according to the state Department of Commerce.
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