Halsey M. Cook Jr. will take over as the company’s next president and CEO on Sept. 1.
The textile company’s $2.4 million investment is expected to create 50 new jobs.
The acquisition will not result in personnel changes, staff reductions, or relocation of Klarco operations, according to a news release.
South Carolina’s manufacturing industry remains above average, receiving an A grade on the 2018 Manufacturing and Logistics Report Card last month.
Currently, ROFA’s Greer operation — the company’s only U.S. office — works with BMW in Spartanburg, Daimler Mercedes-Benz in Alabama, and Volkswagen in Tennessee.
The company plans to hire up to 200 people later this year to support the production of 16 aircraft.
New equipment and machinery will be added to the 350,000-square-foot building at 408 Industrial Drive.
The expansion is expected to create 19 new jobs.
Located in Park West Commerce Park, the 60,000-square-foot facility will feature high bay manufacturing spaces for air cargo nets, transportation straps and other products.
The company will expand its facilities at 4611 Dairy Road and 4615 Dairy Road in Greenville.
The popular crossover is getting a subtle yet high-tech makeover.
A former government official with more than a decade of research experience will lead the university's initiative to become a statewide hub for advanced manufacturing.
Crimson Electric Inc., headquartered in Duncan, has been acquired by Ohio Transmission Corporation, the company announced on June 6.
The facility, which is located along Highway 246 South, will be operated by subsidiary Teijin Carbon Fibers. It is expected to be operational by the end of 2020.
Much like its mounting use in automotive innovation and assembly, plastics applications in aircraft construction is experiencing a mounting increase in demand and use.