Precorp to invest $14.8 million in new South Carolina plant

Greenville, S.C. –  Precorp Inc., a provider of innovative machining solutions to the automotive and aerospace industries, will expand operations by building a new state-of-the-art manufacturing facility in Greer, South Carolina. The $14.8 million investment is expected to add at least 29 new jobs over the next few years. 

“South Carolina’s success in attracting key members of the aerospace and automotive industries led to the continuing growth of our existing operations in Greer, and ultimately to our decision to build a new state-of-the-art facility here in Greenville County,” says Rich Garrick, president of Precorp Inc. “While we considered other locations, South Carolina’s leadership in supporting advanced manufacturing and the excellent workforce we have found clinched our decision to expand here.”

Precorp Inc. is a member of the Machining Solutions Group of Sandvik, a high-technology engineering group with nearly 47,000 employees worldwide and business conducted in more than 130 countries. Sandvik’s primary business areas focus on tools and tooling systems for mining, construction and numerous other industries. The company is also a leader in working with advanced stainless steels, special alloys, titanium, metallic and ceramic resistance materials.

The new plant, which joins Precorp Inc. operations in Germany, Michigan and Utah, will be a custom-built 60,000 ft² facility that will nearly triple its current space, and will allow the company to expand services to existing customers and greatly expand its business development initiatives. Construction is underway, and Precorp expects to relocate operations by early 2015.

Source: Precorp Inc.