Quantcast

Transmission manufacturer announces 545 new jobs in SC - Live5News.com | Charleston, SC | News, Weather, Sports

Transmission manufacturer announces 545 new jobs in SC

(Photo Source: AP) (Photo Source: AP)

GRAY COURT, S.C. (AP) - ZF Transmissions expects to create 545 new jobs  over the next five years with an expansion in Laurens County.

The company announced plans Wednesday to invest $22.5 million in additional manufacturing and warehouse space in Gray Court. The expected jobs will increase the company's workforce to more than 2,000.

The company says the expansion should be finished in early 2016.

It has bought an existing 150,000-square-foot facility near Interstate 385. The state approved a $1.2 million grant to Laurens County to help buy the land.

ZF Transmissions currently can produce 1.2 million eight-speed and nine-speed automatic transmissions annually. It last announced a $175 million expansion of its Gray Court operations in 2013.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly