SC: Sundaram-Clayton Limited Expanding Dorchester County Operations
3 Dec, 2018
Sundaram-Clayton Limited (SCL), a leading Indian manufacturer and supplier of aluminum cast products to global original equipment manufacturers, today announced that it is further expanding its Dorchester County operations. By investing $40 million, the company is expected to create an additional 100 new jobs.
SCL, part of the $6.5 billion TVS Group, is a leading supplier of aluminum die-castings to the automotive and non-automotive sectors. In 2017, the company announced plans to establish its first South Carolina operations in the Ridgeville Industrial Campus in Ridgeville, S.C. SCL acquired 50 acres of land for the facility, where it manufactures aluminum high-pressure, die-cast products and permanent mold gravity cast parts for its customers.
To meet increased demand for its products, the company will be expanding its Ridgeville facility by 78,000 square feet. The additional space will accommodate new equipment, increasing the capacity for the plant. Hiring for the new positions is slated to begin in the second quarter of 2019. Those looking to join the SCL team can visit the company's careers page online.
The Coordinating Council for Economic Development has approved job development credits related to the project. For more information on SCL, visit www.sundaram-clayton.com.
"The United States has always been an important market for us. To serve this market better, we have established a manufacturing base in Dorchester County in South Carolina, given the strategic business advantages, including an excellent business environment and a well-qualified workforce. The continued strength of the U.S. economy has led to an increase in demand for our products and, thus, the expansion of the existing manufacturing base in South Carolina. We appreciate the overall support from the state and the county, and look forward to being a part of the community here." -Sundaram-Clayton Limited Joint Managing Director Dr. Lakshmi Venu
"Our state is leading the way in economic development, and the fact that Sundaram-Clayton Limited is already announcing additional jobs is testament to that. This is a big win for Dorchester County and the entire state, and we're excited to see what the future has in store for this great company." -Gov. Henry McMaster
"Foreign direct investment continues to be a critical component of our economic development success. Today, we celebrate Sundaram-Clayton's decision to expand its new operations in South Carolina and look forward to continuing this extraordinary partnership for many years to come." -Secretary of Commerce Bobby Hitt
"Sundaram-Clayton Limited's presence in Dorchester County has made a tremendous impact on our community, and we are already seeing its effects. Their expansion of 100 additional jobs for our residents is a testament to their commitment and confidence in their initial investment and beyond. We congratulate our friends at Sundaram-Clayton Limited and look forward to continuing to support them in enabling Dorchester County to remain a great place to live, work and play." -Dorchester County Council Chairman Jay Byars
FIVE FAST FACTS
Sundaram-Clayton Limitedis expanding operations in Dorchester County.
$40 million investment to create 100 new jobs.
SCL, part of the $6.5 billion TVS Group, is a leading supplier of aluminum die castings to the automotive and non-automotive sectors.
To meet increased demand for its products, the company will be expanding its Ridgeville facility by 78,000 square feet.
Those looking to join the SCL team should visit the company's careers page online
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 business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, the Palmetto State ranked No. 1 in the nation for attracting jobs through foreign investment on a per capita basis in 2018 -- extending its streak of top three finishes since 2011. Additionally, in five of seven years, the state has won the Gold Shovel Award from Area Development magazine; and, in 2017, the state was recognized as Business Facilities' State of the Year. For more information, visit www.SCcommerce.com.