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Archive for July, 2011
29
Jul
The Latest News On South Carolina’s Economy
Posted by: rblackwell
The South Carolina Economic Outlook, published by the South Carolina Department of Commerce Division of Research, has been released for July. Click here for the full report.
28
Jul
emediagroup Inc. Announces Expansion in Greenville County
Posted by: rblackwell
$2.25 million investment expected to create 20 new jobs Read the rest of this entry »
15
Jul
Fundraising to Kick Off with Members Serving on Volunteer Workforce at Downtown Alive on Thursday, July 28, All Tips from the Evening Will Go Directly to Habitat for Humanity Project Read the rest of this entry »
07
Jul
Michelin Development Upstate offers startups helping hand
Posted by: rblackwell
Michelin Development Upstate, the program launched in 2009 by tiremaker Greenville-based Michelin North America to provide low-interest loans to disadvantaged startup businesses, has announced four local companies will receive $172,000 in funding. Read the rest of this entry »
07
Jul
PRETTL Launches New Greenville County Operations
Posted by: rblackwell
PRETTL Electronics Greenville Inc., a new enterprise, will launch operations this summer to produce inverters for the fast-growing solar panel industry. The new operation will be housed at PRETTL Electric Corporation’s existing Greenville County facility, company officials and representatives of the South Carolina Department of Commerce and Greenville Area Development Corporation announced this week.
The new business initiative and addition of a custom production line will account for the addition of at least 80 new jobs and investment of upwards of $1.5 million in specialty equipment and space upfitting over the next three years at PRETTL’s facility at 1721 White Horse Road in Greenville. Hiring for at least a dozen positions to launch the effort will begin immediately, officials announced.
Founded in Germany in 1953, PRETTL has grown to encompass over 5,000 employees at 33 locations in 19 countries around the world, through four primary business units: Automotive, Consumer, Home Appliances and Electronics. PRETTL operations were originally established in Greenville in 1988, where upwards of 100 associates are currently employed.
PRETTL’s Electronics Division is a leading end-to-end supplier for electronics providers, offering services ranging from research and development to manufacturing and service after the sale. PRETTL products are found in such diverse industries as medical engineering, telecommunications, automotive and lighting, with the company’s diverse product portfolio including electronic components for wireless systems, wireless communication modules, and inverters for photovoltaic and drive system applications.
PRETTL Electronics Greenville Inc. represents the electronics division’s first presence in the United States marketplace and will result in the assembly of inverters for solar energy producers, with distribution handled by PRETTL’s sister company REFUsol. Inverters are electrical devices that convert direct current (DC) to alternating current (AC) at any required voltage and frequency with the use of appropriate transformers, switching, and control circuits. Inverters are commonly used to supply AC power from DC sources such as solar panels or wind turbines.
“Our goal with this initiative is to provide outstanding customer service, product quality, high value, and rapid delivery to meet the needs of customers in the growing alternative energy space,” said Rainer Koschate, chief operations manager of Prettl Electronics Greenville, Inc. “We are pleased to establish operations here in Greenville County, are very appreciative for the support and leadership of the Greenville Area Development Corporation, readySC, South Carolina Department of Commerce, and everyone who assisted in making this announcement a reality.”
The jobs being added include assemblers, quality support positions, planners, warehousing and related positions, Koschate noted. To fill the positions, PRETTL is working with readySC in the recruiting and training of associates. All positions being recruited for will pay “competitive market wages with full benefits based on experience,” he added. Applications for Prettl Electronics are being accepted at the One Stop/Department of Employment and Workforce (DEW) Office at McAlister Square in Greenville. The jobs are also posted on the Virtual One Stop system where individuals can apply online from anywhere in the state (www.sconestop.org).
“PRETTL has been part of our state’s business community for years and we look forward to the company expanding its presence in South Carolina with this new initiative. The announcement of the new jobs and investment serves as another indication that our state is doing the right things to attract business from around the globe,” said Gov. Nikki Haley.
“South Carolina has a strong trade relationship with Germany, with a number of Germany-based companies investing in our state. PRETTL’s decision to further invest in our state will certainly help strengthen that relationship as well as create new jobs for South Carolinians. We appreciate PRETTL’s decision to continue doing business in the Palmetto State,” said Bobby Hitt, Secretary of Commerce.
“PRETTL is a wonderful example of a company that combines world-class technology, lean processes and local talent to succeed here in the Upstate,” said Chris Riley, Chairman of the Greenville Area Development Corporation. “The company is an important member of our international business community and adds to the economic vitality to be found here in Greenville County.”
01
Jul
The South Carolina Economic Outlook Report
Posted by: rblackwell
The South Carolina Economic Outlook is a monthly publication of the South Carolina Department of Commerce’s Division of Research. It provides the latest news and indicators on the state’s economy and labor market.
Click here for the June 2011 edition.
01
Jul
Cleanpart US Expands to SCTAC
Posted by: rblackwell
Cleanpart, one of the largest OEM independent semiconductor service providers in the US and Europe, has begun its’ 6th US operation at the South Carolina Technology & Aviation Center, Cleanpart Southeast. Partnering with GVD Corporation, Cleanpart Southeast is able to offer their Upstate client base unique, turn-key services in submicron application industries.
“Upstate South Carolina is ideal for Cleanpart because it is a region where we can expand our core offerings and engineering services,” says Chad R. Brown, CEO of Cleanpart. “SCTAC has offered us ample, affordable space in a manufacturing-rich location to allow us to build our business quickly and efficiently.”
Processing over 1 million high-technology parts per year, Cleanpart has 11 locations world-wide and specializes in surface treatments, precision cleaning and component manufacturing. The company’s engineered treatments have been recognized for expanding machine life to improve performance and reduce manufacturing costs.
“With four sophisticated technology companies expanding here in the past year, SCTAC’s impact on the local and state economy continues to grow,” says Jody Bryson, SCTAC President and CEO.
