Advanced Manufacturing

For over three decades, BMW has given South Carolina plenty to celebrate and Friday, June 21, 2024 — just days before the company’s 32nd anniversary of its initial investment announcement in the state — the German automaker delivered again.

COLUMBIA, S.C. – Schneider Electric, a leader in energy management and automation, today announced it is expanding operations in Oconee and Richland counties. The company’s combined investment of $23.8 million will create 280 new jobs throughout 2024.

COLUMBIA, S.C. – ElringKlinger Group (ElringKlinger), an automotive supplier, today announced it selects Pickens County to establish the company’s first South Carolina operation. The $40.3 million investment will create 115 new jobs.

COLUMBIA, S.C. – Sandvik Coromant, a tooling solutions supplier, today announced it is expanding operations in Oconee County. The $29.4 million investment will improve the company’s Westminster production facility.

Part of Sandvik, a global industrial engineering group, Sandvik Coromant produces carbide inserts and round tools used in the metal cutting industry. The company’s Oconee County operation manufactures more than 2,300 standard article and customized carbide inserts.

Foreign direct investment (FDI) is pivotal to South Carolina’s economy, accounting for more than 30% of announced economic development investments in 2023 alone. Today, over 1,100 internationally owned operations exist statewide — even for those with locations throughout the world, South Carolina-based operations stand out in helping drive global success.

When a state is rich in natural beauty, from the rolling foothills of the Appalachian Mountains to scenic sandy beaches, it’s hard to keep many destinations a secret. The word has long been out that South Carolina is a top stop, with its world-class golf courses and reigning destination cities, to name just a few.

COLUMBIA, S.C. – Clarios, a global leader in advanced battery solutions, today announced it is expanding operations in Oconee County. The company will invest approximately $16 million and create 12 new jobs.

COLUMBIA, S.C. – Southern Wall Products, Inc. (Southern Wall Products), a manufacturer of drywall finishing products, today announced it selects Anderson County to establish the company’s first South Carolina operation.

COLUMBIA, S.C. – Columbia Vehicle Group (Columbia), an electric vehicle manufacturer, today announced it selects Aiken County for the company’s first South Carolina operation. The company’s $12.2 million investment will create 180 new jobs.

On April 1, 2024, S.C. Commerce named Annie Caggiano the agency’s new Global Business Development director. Caggiano, who is on her second stint with S.C. Commerce and previously served as a business recruitment manager, brings nearly 20 years of economic development experience to the role.