Schaeffler Group North America Expanding South Carolina Operations
January 10, 2015
Manufacturer of Precision Products Investing $163.8 Million to Expand, Creating an Expected 440 New Jobs
UPSTATE, SC -A company that develops and manufactures precision products for machines, equipment and vehicles as well as in aviation and aerospace applications is expanding its operations in three South Carolina counties – Chesterfield, Spartanburg and York. In total, Schaeffler Group USA is investing $163.8 million in the expansion, creating an expected 440 new jobs.
Headquartered in Herzogenaurach, Germany, Schaeffler is a leading supplier to the automotive, industrial and aerospace industries. With more than 80,000 employees in 49 countries around the world, the firm truly possesses a global footprint. The North American operations, Schaeffler Group USA, is headquartered in Fort Mill, S.C. and is responsible for the engineering, production, sales and marketing of three major brands – INA, FAG and LuK.
Schaeffler Group USA’s Corporate Offices are located in York County. Schaeffler also currently operates two plants in York County, both of which are located at 308 Springhill Farm Road in Fort Mill. The company currently operates three plants in Chesterfield County, one of which is located at 170 Calvary Lane in Cheraw, S.C. The company’s other two Chesterfield County plants are located on the same site at 301 Highway 1 South in Cheraw, S.C. Schaeffler’s Spartanburg County facility is located at 1298 New Cut Road in Spartanburg. Collectively, the firm’s Palmetto State operations focus on the manufacturing of bearings, bearing components, automotive components, motor elements, UniAir components, hydraulic lash adjusters, tappets, chains and precision and linear products.
“Schaeffler is pleased to expand our South Carolina operations, which solidifies our overall commitment to the State of South Carolina and counties of Chesterfield, Spartanburg and York. This new production space and machinery will expand based on the skills of our manufacturing team but also require additional education for new state of the art technologies,” said Schaeffler Americas CEO Bruce Warmbold.
The expansion of Schaeffler’s Chesterfield and York County operations will be achieved by adding on to its existing facilities as well as the purchase of new, upgraded equipment while the investment in the company’s Spartanburg County plant will result primarily in new equipment for the facility. All expansions are expected to be completed by the end of 2016. Hiring for most of the new positions is anticipated to take place this year. Those interested in applying may visit the company’s career’s page online. For more information on Schaeffler, please visit www.schaeffler.us.
The Coordinating Council for Economic Development has approved job development credits related to the Chesterfield and York County projects.
“Congratulations to Schaeffler Group North America in their decision to expand operations in York County, South Carolina. Our Council is committed to assisting existing firms that want to add quality jobs and investment. We look to continue to support the growth of international firms in York County and know that with our pro-business team we can bring positive results in the state and along the fast growing I-77 corridor,” said York County Council Chairman Dr. Britt Blackwell
FIVE FAST FACTS
• Schaeffler Group USA, Inc. is expanding its South Carolina operations in three counties – Chesterfield, Spartanburg and York.
• $163.8 million investment creating 440 new jobs.
• The Schaeffler Group was founded in 2003 and is headquartered in Schweinfurt, Germany.
• The Schaeffler Group employs more than 80,000 workers worldwide.
• Those interested in applying may visit the company’s career’s page online.
About Schaeffler
With its INA, LuK and FAG brands, Schaeffler is one of the world’s leading suppliers of roller-bearings, plain bearings, linear and direct drive technologies as well as a renowned supplier of precision components and systems for engines, gearboxes and suspension. The worldwide active group of companies generated sales of around 11.2 billion Euro in 2013. With more than 80,000 employees worldwide, Schaeffler is one of the largest German and European family-owned industrial companies. Schaeffler is represented by a worldwide network of manufacturing sites, research and development facilities, distribution companies, engineering offices and training centers in 170 locations in over 49 countries. For more information on Schaeffler, visit www.schaeffler.com.
