$11.5 Million Investment to Create 57 New Jobs
KRA Operations, LLC, a subsidiary of South Korean-based Kirin Precision Co., Ltd, is establishing its first U.S. operations in Newberry County. The company’s $11.5 million investment is projected to create 57 new jobs.
Designed to serve existing clients in South Carolina, KRA Operations, LLC will perform metal stamping and injection molding processes at its new U.S. facility.
Located in Mid-Carolina Commerce Park in Newberry County, KRA Operations, LLC’s new 110,000-square-foot facility is fully operational.
The Coordinating Council for Economic Development has approved job development credits related to this project. A $400,000 Set-Aside grant was also awarded to Newberry County to assist with costs of site preparation and building construction.
“In examining where to locate our first U.S. operation, we became convinced that South Carolina and particularly, Newberry County, would be a great place to do business. From the beginning of construction to starting our operations, we have experienced first-class customer service, a reliable and skilled workforce and a business-friendly environment. We are very excited to have joined the business community of South Carolina and Newberry County and look forward to being contributing members of our community for years to come.” –KRA Operations, LLC President Wonyoung “William” Chang
“We believe Newberry County can compete with any other community in the world for quality manufacturing projects, and I think this announcement further demonstrates that ability. We’re delighted to welcome KRA Operations, LLC to Newberry County and into our corporate community.” –Newberry County Council Chairman Henry H. Livingston III
FIVE FAST FACTS
- KRA Operations, LLC is establishing operations in Newberry County.
- $11.5 million investment to create 57 new jobs.
- KRA Operations, LLC performs metal stamping and injection molding.
- Located in Mid-Carolina Commerce Park.
- The company’s new 110,000-square-foot facility is fully operational.