Automotive

COLUMBIA, S.C. – Today, the South Carolina Department of Commerce announced Magna International (Magna), a mobility technology company and one of the world’s largest suppliers in the automotive space, is growing its South Carolina footprint. The company will establish a new satellite operation and expand its existing operation in Greenville County. Magna’s combined investment of approximately $200 million will create around 200 new jobs across both facilities starting in 2025.

COLUMBIA, S.C. – BENTELER Automotive Corporation (BENTELER), a leading global automotive supplier, today announced it is expanding its Spartanburg County operations. The $47.9 million investment will improve the company’s manufacturing and assembly facility.

COLUMBIA, S.C. – ElringKlinger Group (ElringKlinger), an automotive supplier, today announced it selects Pickens County to establish the company’s first South Carolina operation. The $40.3 million investment will create 115 new jobs.

COLUMBIA, S.C. – Alupress, LLC (Alupress), a manufacturer of automotive die casting components, today announced plans to expand operations in Laurens County. The company’s $25.98 million investment will create 64 new jobs. 

Founded in 1965, Alupress offers full-service system solutions to its customers by providing in-house development, project management and production.

COLUMBIA, S.C. – e-VAC Magnetics (e-VAC), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced it is establishing U.S. operations in South Carolina, building its first facility in Sumter County. The project is expected to bring more than half a billion-dollar investment and create 300 new jobs for Sumter County.

AESC, a world-leading electric vehicle battery technology company, today announced the expansion of its state-of-the-art battery cell facility in Florence County. The $810 million investment will create 450 new jobs. Expected to be complete by 2026, this new commitment follows AESC’s initial announcement in December 2022 of $810 million and 1,170 jobs, resulting in a total investment of $1.62 billion and 1,620 new jobs.

JTEKT North America, a global leader in engineering and manufacturing automotive systems, bearing solutions and high-performance machine tools, today announced it is expanding its manufacturing operation in Greenville County. The $48.4 million investment will create 87 new jobs.

Honor LSV, a startup manufacturing company, today announced it chooses Berkeley County for establishing South Carolina operations to design, manufacture and assemble golf carts and luxury low speed vehicles (LSV). The company’s $34.2 million investment will create 65 new jobs.

BorgWarner Inc. (BorgWarner), a global leader in mobility solutions, today announced plans to expand its facility in Oconee County. The company’s $42.7 million investment will create 122 new jobs.

Headquartered in Auburn Hills, Michigan, BorgWarner is one of the largest automotive suppliers in the world, with 52,000 employees at 92 locations in 24 countries. For more than 130 years, BorgWarner has been a transformative global product leader, bringing successful mobility innovation to market. 

Tin Thanh Group Americas, a tire manufacturer, today announced plans to establish its first United States operations which will be in Allendale County. The company’s $68 million investment will create 1,031 new jobs.

Located at Walker Road in Fairfax, Tin Thanh Group Americas will build a new facility in Allendale County. Tin Thanh Group Americas’ South Carolina location will allow the company to manufacture and retread large commercial vehicle tires, as well as operate its commercial tire leasing program.