The current $255 million investment ranks second to Google in Berkeley County, South Carolina and brings 50 new jobs to the area.
Goose Creek, South Carolina, Feb. 11, 2019 (GLOBE NEWSWIRE) — JW Aluminum’s $255 million expansion investment ranks fourth in the Top Economic Investment Announcements of 2018, according to the South Carolina Department of Commerce Annual Industrial Recruitment Report. In Berkeley County, South Carolina, JW Aluminum is second only to Google in terms of capital investments last year.
“The ranking is based on our previously announced investment of $255 million,” said Stan Brant, Chief Operating Officer at JW Aluminum, “Additional planned investments will bring the total investment in Goose Creek to over $300 million and make our South Carolina facility one of the most technologically advanced continuous cast plants in the world.”
Recently named the winner of the 2018 Innovation and Productivity Excellence Award for Industry by the Berkeley County Chamber of Commerce, JW Aluminum’s expansion brings 50 new jobs to the area. JW Aluminum is currently recruiting to fill these new positions and implementing over 40,000 hours of job development training for both current and future teammates to operate the new state-of-the-art equipment being installed as part of the expansion.
Goose Creek Mayor Greg Habib said, “JW Aluminum‘s expansion marks the largest investment in Goose Creek’s history. It is especially impactful for us because many of their teammates are residents of our city. JW Aluminum’s commitment recognizes Goose Creek as a great place to live, work and raise a family. I am proud of the partnership we have forged, and I appreciate this continued investment in our city, county and region.”
The expansion is slated to be complete in 2020. The Goose Creek plant is in full production during the construction period, as are JW Aluminum’s plants in Russellville, Arkansas, St. Louis, Missouri and Williamsport, Pennsylvania.
“The investment to expand our South Carolina plant is in addition to an over $30 million investment in equipment upgrades for our plants in Arkansas, Missouri and Pennsylvania,” said Lee McCarter, Chief Executive Officer at JW Aluminum. “These investments are part of our long-term growth strategy. We continue to explore opportunities to reinvest in all areas of our business, so we can remain a trusted supplier to our customers and an employer of choice for current and future teammates now and in the years to come.”
CONTACT: Nicole Snyder JW Aluminum 843-764-8209 [email protected]
Wall St Business News, Latest and Up-to-date Business Stories from Newsmakers of Tomorrow