Eaton Announces $340 Million Manufacturing Facility in Union County

Categories: South Carolina Business NewsSouth Carolina ConstructionSouth Carolina ManufacturingSouth Carolina NewsSouth Carolina Real Estate

Eaton Manufacturing Facility in Union County

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News Summary

Eaton, a global power management company, is set to invest $340 million in a new manufacturing facility in Jonesville, Union County, creating 700 new jobs. This investment marks Eaton’s 11th facility in South Carolina and aims to produce vital three-phase transformers. The project is expected to provide significant economic benefits to the local community and contribute to the region’s skilled workforce through partnerships with educational institutions.

Exciting News for Union County!

Union County, South Carolina, is buzzing with excitement as Eaton, a well-known global power management technology company, has announced plans for a new manufacturing facility in the area. This isn’t just any investment; it’s a whopping $340 million, which is set to create 700 new jobs for the community!

What’s the Buzz About?

This new facility will be located at 6802 Furman L. Fendley Highway in Jonesville, an existing building that was previously home to a Belk distribution center. Eaton plans to acquire and retrofit this extensive 861,000-square-foot space to manufacture vital components known as three-phase transformers. These transformers play a crucial role in keeping the nation’s power grid humming smoothly and are essential for various industries across the country.

But that’s not all! The new operation marks Eaton’s 11th facility in South Carolina and is set to become the company’s third manufacturing plant dedicated to three-phase transformers in the United States. It’s quite significant, considering Eaton currently employs around 2,700 individuals across its other South Carolina facilities!

A Boost to the Local Economy

The announcement truly shines for Union County, where the local economy is geared up for a substantial boost. Many in the community are looking forward to the job opportunities this development will bring, especially since the region’s unemployment rate is slightly above the state average. With production and hiring expected to kick off in 2027, many residents are already starting to think about new career paths and training possibilities!

The project has garnered support from the Coordinating Council for Economic Development in South Carolina, where it received approval for job development credits. To further sweeten the deal, Union County has also been awarded a $10 million grant from the Rural Infrastructure Fund which will assist with improvements to the building, making it an even more attractive site for workers and businesses alike.

What’s Next?

Eaton is not just looking to set up a manufacturing facility and call it a day. The company is teaming up with readySC and regional educational institutions to ensure that local workers receive the training they need for these new jobs. This collaboration aims to provide a skilled workforce that meets the demands of the evolving power management industry.

As the plans unfold, Union County’s leadership is buzzing with optimism about what this facility means for the future. They believe that this major development not only instills confidence in potential additional investments but also showcases the county’s readiness for a brighter economic future.

The Bigger Picture

It’s worth noting that Eaton operates in over 160 countries worldwide, providing intelligent power management solutions across various sectors, which include data centers, utilities, and the industrial market. The impact of Eaton’s new facility will resonate far beyond Union County, given its role in enhancing the operational capabilities of the nation’s power infrastructure.

In summary, as Union County prepares to welcome Eaton with open arms, the local community is set to see a significant transformation, becoming an integral part of the national power grid that supports everything from homes to high-tech industries. With 700 new jobs on the horizon and economic booms expected, this is undoubtedly one of the most exciting developments in the county’s history!