NORTH CHARLESTON, SC (WCSC) - NORTH CHARLESTON, SC (WCSC) - A new aerospace-related company is moving to the area and it is expected to bring with it hundreds of jobs. The locally-based InterTech Group says it will build aerospace engineering and manufacturing company TIGHITCO in North Charleston at the Palmetto Commerce Park.
Construction of the aerospace, engineering, and manufacturing site is set to begin before the end of the year. The company manufactures many components you see on aircraft throughout North America, including planes built by Boeing.
"Boeing is one of many customers. They had no involvement in our decision to build a facility here though. We service many customers across the aerospace field," InterTech Group President Jonathan Zucker said.
The InterTech Group says a deciding factor to bring the TIGHITCO company to expand here were training programs available at Trident Technical College and ReadySC. State business leaders say the people of South Carolina also make a difference.
"There are more announcements like this coming in the future in this region and in neighboring regions, and it is because of the workforce and the quality of the infrastructure," state Commerce Secretary Bobby Hitt said.
"This expansion will ultimately bring about 350 new jobs to South Carolina. Not just blue collar jobs, but engineering jobs, administrative jobs, and highly skilled production jobs," Anita Zucker said.
The InterTech Group expects to hire employees from the local market and says those workers will get training through Trident Tech's ReadySC program.
"I have toured their facilities that they have at Trident Tech. I've seen the training that goes on, in particular these days with Boeing, but the good news is we need to train people with those same types of methods," Anita Zucker said.
At this point InterTech has not determined what they'll manufacture at the site. This project construction will be completed in two phases and eventually the facility will reach 300,000 square feet. Phase one will be finished by fall of next year.
TIGHITCO has five existing facilities in the US and Mexico with customers worldwide. It is expected to be up to a $40 million investment in the Lowcountry.
TIGHITCO is a FAA approved Repair Station providing maintenance, repair, and overhaul (MRO) services for helicopter dynamic components such as gear boxes, rotor heads and rotor blades. TIGHITCO products are utilized by companies worldwide and can be found on the majority of aircraft built in North America.
"We're going to celebrate TIGHITCO's decision to locate its new facility in Charleston County and create 350 new jobs. This announcement builds on previous economic development efforts and is another indication that South Carolina is competitive when it comes to recruiting jobs and investment," said Gov. Nikki Haley.
South Carolina has announced the recruitment of more than $66 million in investment and more than 700 jobs in the aerospace-related sector so far this year.
"This is certainly terrific news for the City of North Charleston with the benefits of new jobs and a sizeable capital investment that will resound throughout the region," said City of North Charleston Mayor Keith Summey. "We welcome with open arms this addition to the growing aerospace sector of our business community."
The state of South Carolina provided training funds and job development credits, which will be available if hiring targets are met. The county provided a fee-in-lieu-of-tax agreement and a special source revenue credit to the company.