Autoneum North America expanded its plant in Aiken County, South Carolina, this week by adding 40 jobs.
On Mar. 22 the Swiss auto provider announced its plan to invest $35 million in the local facility, according to the Times & Democrat. Aiming to meet an increase in demand, the company will expand the establishment by 315,000 square feet.
The company currently employs an estimated 11,000 workers worldwide among its locations in 20 different countries. Autoneum generates and builds lightweight systems that help to reduce vehicle noise and provide heat protection for light vehicles.
The planned expansion not only secures the jobs of existing employees, but also adds valuable work to the local community. The move was recognized by Gov. Nikki Haley in a comment to GSA Business.
"Our automotive industry is on the move in all of the right ways, and Autoneum's decision to expand in Aiken County is a huge win for the entire state," said Haley. "This $35.5 million investment, and the 40 new jobs it will create, is a testament to our state's world-class workforce and the business-friendly environment we have worked so hard to create here."
The recorded sales of Autoneum are at CHF 2,085.9 million (Swiss franc), equivalent to about $2 billion U.S. dollars.