SC: Honeywell International Inc. Announces Expansion in Greenville County
18 Oct, 2011
$25 million investment expected to create 30 new jobs
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Honeywell International recently announced that the company will expand its current operations in Greenville County. The $25 million investment is expected to generate 30 new jobs over the next five years.
“We are pleased to move forward with plans to expand our facility in Greenville County. The Greer facility is an important part of our overall operations and this expansion will help it remain competitive. South Carolina has provided us with an excellent business climate and the skilled talent we require,” said Ray Kime, site manager for Honeywell.
Honeywell will expand the Greer facility with the installation of new equipment to help improve efficiencies. The Greer facility provides a broad range of repair and overhaul services and capabilities for propulsion engines and component repair for commercial and military customers, particularly in the aerospace sector. Greer is also the OEM source for more than 300 part numbers.
“It’s a great day in South Carolina when another world-class company like Honeywell International decides to increase its footprint here and create 30 new well-paying jobs. Announcements like this show we’re doing the right things to promote economic development,” said Gov. Nikki Haley.
The expansion is expected to be complete in 2016. Since the beginning of the year, South Carolina has recruited more than $75 million in investment and more than 700 new jobs in the aerospace and aviation sector.
“Today’s announcement builds on our reputation as a player in the aerospace club. South Carolina’s business-friendly environment and talented workforce continue to help our existing businesses, like Honeywell, find success,” said Bobby Hitt, Secretary of Commerce.
The facility handles more than 400 engines/modules each year, performing more than 40,000 piece part and systems component restorations annually. Technical capabilities include machining, special processes, NDT, laser welding, tool making and balancing.
Honeywell first established manufacturing operations in Greer in 1982, and opened the repair and overhaul facility in 1988.
“We’re pleased that Honeywell International recognizes the many advantages that Greenville County offers their company for continued growth and success,” said Chris Riley, chairman of the Greenville Area Development Corporation Board of Directors. “Their decision to expand their Greer operations is an important affirmation of this region’s focus on developing and deepening our aviation and aerospace clusters. As an innovation-driven organization with blue-chip clients and global opportunities in multiple industries, Honeywell is a prized member of the Upstate business community.”
Honeywell International is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing businesses grow. This year, Commerce won the Gold Shovel Award and the Deal of Year Award from Area Development magazine. Commerce has been part of recruiting world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, Heinz, ZF Group, BMW and Google Inc. Commerce also supports small and existing business, rural development initiatives and offers grants for community development. For more information, visit www.SCcommerce.com.