KION North America, a member of KION Group AG, which is one of the world’s largest manufacturers of industrial trucks, will be expanding its Dorchester County operations by investing $5.7 million in its existing operations, creating more than 50 new jobs over the next five years.
Headquartered at 2450 W. Fifth N. St., in Summerville, the company’s Dorchester County expansion will increase its production capacity from 3,000 units per year in 2015 to approximately 12,000 units per year by 2020.
“This agreement is monumental," KION North America Vice President of Sales Mike Gore said. "Not only are two global premium manufacturers teaming up, but more importantly, two South Carolina businesses. This further validates the state’s position as a manufacturing giant.”
Included among its customers is Volvo Cars, which is in the process of establishing manufacturing operations in Berkeley County. KION will provide material handling equipment for the facility, supplying and servicing a fleet of forklifts, reach trucks and VNA (very narrow aisle) trucks.
“In South Carolina, we have all of the tools in place to remain a leader in the global automotive industry," Gov. Henry McMaster said. "Because of our exceptional workforce, positive business environment and unmatched infrastructure assets, companies like KION North America are finding success here and will continue to drive our economy forward.”
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