$12 million investment by automotive supplier to create 50 new jobs
COLUMBIA, S.C. - TorqTek Design and Manufacturing, LLC, a supplier of timing gears to automotive manufacturers, is expanding its North Charleston facility. The $12 million investment is expected to create 50 new jobs.
Founded in 1995 as a joint venture of GETRAG Gears of North America and Cummins Inc., the company was renamed TorqTek in January 2012 as part of a management buyout. The company is currently expanding to meet motorbike contract demands for industry leaders Harley Davidson and BMW. After exploring options in neighboring states, TorqTek chose to expand its facility in North Charleston for proximate access to its existing and prospective customer base.
TorqTek currently produces primarily timing gears for the automotive market but has been currently awarded with contracts for transmission components and complete transmission assemblies.
At launch, the new operations will be housed in approximately 100,000 square feet located at 4500 Leeds Avenue in North Charleston with no additional space required. TorqTek employs approximately 138 workers and anticipates hiring 50 associates in the coming months.
Hiring information for the company will be released shortly. Positions to be filled include machine operators, quality engineers, purchasing assistants, electro-mechanical technicians, and electronics technicians. Interested candidates may email resumes to [email protected] with the desired position in the subject line.
The Coordinating Council for Economic Development approved job development credits related to the project.
QUOTES
"TorqTek Design and Manufacturing, LLC is very pleased to announce this significant expansion of our facility in Charleston, S.C. With this project, we not only increase our customer base to include world-class companies such as Caterpillar, Navistar, Daimler, BMW and Harley Davidson, but also extend our product range from Engine Timing Gears to Transmission Components all the way up to complete Transmission Assemblies." -Armin Laicher, CFO of TorqTek
"TorqTek's decision to expand in North Charleston further strengthens their longstanding commitment to South Carolina as part of our vibrant automotive industry. We applaud their $12 million investment and the creation of 50 new jobs in Charleston County." -Gov. Nikki Haley
"TorqTek's expansion is a testament to the growth that big businesses bring in in the form of suppliers and producers - a further demonstration that South Carolina's business-friendly climate, market access and quality infrastructure are growing the economy and creating jobs." -Secretary of Commerce Bobby Hitt
"Our congratulations go out today to TorqTek on their exciting expansion in North Charleston. The automotive suppliers in Charleston led the region out of the recent recession, and TorqTek is among our most long-standing members. Their robust book of business, together with exciting new customer opportunities, and a productive local workforce bode well for their continued success in Charleston County. We are grateful to host this globally competitive company, and look forward to partnering with TorqTek well into the future." -Teddie Pryor, chairman of Charleston County Council
"We are extremely proud to join in the announcement of the expansion of TorqTek, a strong member of North Charleston's thriving business community and automotive sector. The growth of our established local companies is key to our flourishing economy and ensures a stronger, brighter future for our City." - Mayor Keith Summey, City of North Charleston
FIVE FAST FACTS
- TorqTek is expanding its Charleston County facility due to increased customer demand.
- $12 million investment is expected to create 50 jobs.
- At launch, the new operations will be housed in approximately 100,000 square feet located at 4500 Leeds Avenue in North Charleston
- Positions to be filled include machine operators, quality engineers, purchasing assistants, electro-mechanical technicians, and electronics technicians.
- Interested candidates may email resumes to [email protected].
About TorqTek
TorqTek Design and Manufacturing LLC (TorqTek) emerged out of GETRAG Precision Gears LLC, in Charleston, South Carolina on January 1st 2012 through a management buyout ensuring continuity on the executive leadership level. One of the primary business purposes of TorqTek is the manufacturing and supplying of timing gears for the global diesel engine industry. We also produce other geared components used in transmissions and all-wheel drive systems for trucks, automobiles and motorbikes. TorqTek engages in the design, development and manufacturing of drivetrain systems for traditional and alternative fuel concept vehicles such as hybrid- and electric vehicles. TorqTek prides itself to be on the leading edge of design and manufacturing technology with its primary focus being on customer satisfaction through a motivated and well trained workforce combined with world class manufacturing processes, leading to outstanding quality and delivery performance. With more than 20 years of experience in the field of drivetrain systems/components design and manufacturing arena, TorqTek is proud of its world class global customer base serving companies like Caterpillar, Daimler, Navistar, Harley Davidson, Magna and many others who all depend on our services every day.