An Indiana-based specialty plating manufacturer announced Wednesday plans to invest $3.1 million and locate a new production operation in Lexington County. The project is expected to create 53 jobs.
The company, Electro-Spec Inc., headquartered in Franklin, Ind., will move into an existing 10,000-square-foot facility at 307 Industrial Drive. Electro-Spec provides products for the aerospace, automotive, telecommunications and medical industries.
“We couldn’t think of a better place to conduct our first expansion than the state of South Carolina,” Electro-Spec president Jeffrey D. Smith said in a statement. “In a state that embraces technology and innovation, we believe that our expansion will allow us to become a world-class supplier for electroplating and surface finishing to many of the top companies in the world that currently call South Carolina home.”
The Coordinating Council for Economic Development approved a $100,000 Closing Fund grant to Lexington County to assist with the costs of building upfits.
“Having a company like Electro-Spec move to Lexington County is a testament to how this county is growing, both economically and physically,” Lexington County Council Chairman Todd Cullum said in a statement. “As the county continues to grow, Electro-Spec will grow too; and as they prosper, our residents will have an opportunity to pursue new jobs and careers.”
With a customer base in North America, Asia and Europe, Electro-Spec is a provider of gold, silver, nickel, copper and Tri-M3™ (tri-alloy) electroplating.
Electro-Spec serves the aerospace, medical, telecommunications and automotive industries. It also provides heat treating and passivating services, which removes impurities from parts and provides resistance to oxidation and corrosion.
The company has been a supplier to many of the world's leading aerospace companies for years. Involved in several new technologies, the company’s plate parts have gone into the Mars Rover, Star Wars Defense systems, spy satellites, space shuttles and many other space applications.
Hiring for the new positions is projected to begin in the fall. For more information about jobs, contact Sarah Smith at SSmith@electro-spec.com.