Pioneer Boats investing $3M in Walterboro facility

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Carolina Composites, doing business as Pioneer Boats, will invest $3 million in existing operations in Walterboro in an expansion expected to create 92 jobs during the next five years.

Pioneer Boats, located at 208 Upchurch Lane, currently employs 90 workers at the facility, where increased demand has resulted in the launch of 10 new models during the last six years. The company plans to increase production from 20 boats per week to 30.

“We are happy that our company is thriving in Walterboro, where our team builds some of the best boats in the world,” Carolina Composites co-owner Roy McSwain said in a news release. “We are pleased that we will be able to create more new jobs and bring more investment to Colleton County, where most of our workforce resides. We are now benefiting from the growing economy and the great business climate here in South Carolina.”

The Coordinating Council for Economic Development awarded a $100,000 Rural Infrastructure Fund grant to Colleton County to assist with the costs of property improvements.