COLUMBIA, SC (WCSC) - The South Carolina Department of Commerce announced Wednesday that Dannecker Fine-Tec, a supplier of precision parts for aerospace and high-tech companies, will establish its first North American operations in the Charleston region.
The $3 million investment is expected to generate 40 new jobs over the next few years.
"Bringing our operations to the North American market is a big step for our company. The Charleston region provides us with an excellent business environment and a strong workforce. The area also provides us with excellent proximity to customers and access to markets. We look forward to bringing our operations online," said Denise Dannecker, president of Dannecker Fine-Tec.
Dannecker Fine-Tec will establish its first North American manufacturing operation in the Charleston region in the coming months. The company is currently looking at existing buildings in the area to house their operations.
The German company has produced precision parts for high-tech companies in a range of business sectors, including for the aerospace, medical, semi-conductor and hydraulic markets. Dannecker Fine-Tec has become a specialist in materials traditionally considered hard to work with, such as titanium.
"South Carolina's business-friendly climate and skilled workforce continue to attract new investment and job opportunities from high-tech companies, and Dannecker Fine-Tec is another indication of the state's success in that regard. Dannecker Fine-Tec's new operations in South Carolina will nicely complement our state's strengths in advanced manufacturing sectors such as aerospace and medical. We welcome Dannecker Fine-Tec to South Carolina and wish them much success in their endeavors here," said Joe Taylor, Secretary of Commerce.