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Crown Casting Launching New Metalcasting Plant |
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Released on January 10, 2012
Iron and bronze caster Crown Casting Industries recently announced plans to open a $16 million facility in Hodges, S.C.
According to a statement issued by South Carolina’s Coordinating Council for Economic Development, Crown Casting will serve broad commercial markets, as well as specialty niche markets like glass mold equipment.
The metalcasting facility is expected to create 50 new jobs and be designed with lean manufacturing and environmental conservation in mind. Company officials said Crown Casting intends to compete with foreign metalcasters for market share.
“We are excited about our decision to create jobs and invest in Greenwood County,” said George Bowyer, vice president of Crown Casting Industries. “[It] provided the best location for Crown Castings to grow in a highly competitive world market. Keeping jobs in the U.S. made company officials especially proud.”
The Coordinating Council for Economic Development approved the company for a $100,000 grant for construction and job development credits, which will be available when hiring targets are met. The company will be located in the Corporate Park Industrial Building in Hodges and is slated to begin operations during the second quarter of 2012.
“We couldn’t be more pleased to have a modern, progressive company such as Crown Castings locate here in Greenwood County,” said Bob Jennings, vice chairman of the Greenwood County Council. “Their commitment will provide much needed jobs to the Hodges area and an economic boost to the economy. We look forward to working with Crown Castings for many years.”
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