Automotive | South Carolina Department of Commerce

Wed, 02/14/2024 - 12:00

Committed to South Carolina's Business Community, from "Launch to Legacy"

Global industry is in the midst of transformational change, catalyzed by technological advancements and rapidly evolving markets.

Wed, 02/14/2024 - 12:00

Celebrating Economic Development Achievements, Opportunities

To recognize the innovations and talent supporting South Carolina in “advancing the future, now,” The 2024 Governor’s Economic Summit united state, business and community leaders Monday, Jan. 29, 2024, setting forth South Carolina’s long-term economic development vision. In addition to remarks by Governor Henry McMaster, Secretary of Commerce Harry M.

Tue, 01/09/2024 - 12:00

South Carolina achieves impressive economic development in 2023, including $9.22B announced capital investment

On the heels of a record-setting 2022, economic development throughout South Carolina showed few signs of slowing down in 2023. On Thursday, Jan. 4, 2024, S.C. Commerce announced its 2023 recruitment results, highlighted by a total capital investment of $9.22 billion — the second-highest amount in state history.

14 Dec 2023

Alupress, LLC expanding operations in Laurens County

COLUMBIA, S.C. – Alupress, LLC (Alupress), a manufacturer of automotive die casting components, today announced plans to expand operations in Laurens County. The company’s $25.98 million investment will create 64 new jobs.

Founded in 1965, Alupress offers full-service system solutions to its customers by providing in-house development, project management and production.

13 Dec 2023

e-VAC Magnetics to build first US facility in Sumter County

COLUMBIA, S.C. – e-VAC Magnetics (e-VAC), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced it is establishing U.S. operations in South Carolina, building its first facility in Sumter County. The project is expected to bring more than half a billion-dollar investment and create 300 new jobs for Sumter County.

12 Dec 2023

AESC expanding Florence County electric vehicle gigafactory

AESC, a world-leading electric vehicle battery technology company, today announced the expansion of its state-of-the-art battery cell facility in Florence County. The $810 million investment will create 450 new jobs. Expected to be complete by 2026, this new commitment follows AESC’s initial announcement in December 2022 of $810 million and 1,170 jobs, resulting in a total investment of $1.62 billion and 1,620 new jobs.

07 Dec 2023

JTEKT North America expands manufacturing operation in Greenville County

JTEKT North America, a global leader in engineering and manufacturing automotive systems, bearing solutions and high-performance machine tools, today announced it is expanding its manufacturing operation in Greenville County. The $48.4 million investment will create 87 new jobs.

20 Jul 2023

Honor LSV chooses Berkeley County for establishing South Carolina operations

Honor LSV, a startup manufacturing company, today announced it chooses Berkeley County for establishing South Carolina operations to design, manufacture and assemble golf carts and luxury low speed vehicles (LSV). The company’s $34.2 million investment will create 65 new jobs.

19 Apr 2023

BorgWarner Inc. expanding Oconee County operations

BorgWarner Inc. (BorgWarner), a global leader in mobility solutions, today announced plans to expand its facility in Oconee County. The company’s $42.7 million investment will create 122 new jobs.

Headquartered in Auburn Hills, Michigan, BorgWarner is one of the largest automotive suppliers in the world, with 52,000 employees at 92 locations in 24 countries. For more than 130 years, BorgWarner has been a transformative global product leader, bringing successful mobility innovation to market.

14 Mar 2023

Tin Thanh Group Americas establishing first U.S. operations in Allendale County

Tin Thanh Group Americas, a tire manufacturer, today announced plans to establish its first United States operations which will be in Allendale County. The company’s $68 million investment will create 1,031 new jobs.

Located at Walker Road in Fairfax, Tin Thanh Group Americas will build a new facility in Allendale County. Tin Thanh Group Americas’ South Carolina location will allow the company to manufacture and retread large commercial vehicle tires, as well as operate its commercial tire leasing program.

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