KP Components Inc., a Denmark-based supplier specializing in fully-automated machining of complex parts for a variety of industries, announced Thursday the construction of a new 50,000-square-foot facility.
The facility will support the company’s growth in the U.S. market and will be financed by a more than $16 million investment, according to a press release. The expansion will add 47 new jobs.
“Today’s announcement shows South Carolina is a globally competitive place for investment,” Gov. Henry McMaster said in a press release. “By continuing to strengthen our business-friendly climate, we can look forward to more announcements like this one. We thank KP Components Inc. for their ongoing commitment to our state.”
The company, which was founded 50 years ago, continues to be a leading manufacturer of complex and high-precision metal components.
“We are very happy that we are able to continue expanding our business here in South Carolina with an investment in a new plant and equipment that will make it possible for KP Components Inc. to meet our ambitious goals for our U.S. organization over the next years,” Kim Broedbaek, KP Components Inc.’s general manager, said in a press release.
Anyone interested in joining the company can visit kp-components.com/jobs-career/.