German automotive supplier Bo Parts GmbH has announced plans to invest $4.1 million in new operations in Greenville County.
The company, a tier one and tier two supplier for the auto industry, is opening a new 60,000-square-foot facility at 129 Metro Court in Greer that’s expected to create about 100 jobs within the next five years, according to a press release.
Bo Parts, which is part of the FRIMO Group, specializes in small batch production, providing tailor-made solutions and production of service parts, low-volume production parts, sample parts, prototypes and exotic parts.
“With our new 60,000-square-foot facility, we can continue the global growth of our business in the low-volume manufacturing of service and production parts for our automotive tier one and tier two customers,” said Hans-Günter Bayer, CEO of FRIMO Group GmbH, said in a statement. “We are currently completing the launch of our first program for BMW and are in discussion on additional programs with several customers.”
The Coordinating Council for Economic Development approved job development credits for the company’s new operations, according to a press release. Greenville County has also been awarded a $100,000 Set Aside grant to help with building upfit costs.
“South Carolina’s automotive industry is on top of the world, and today’s announcement by Bo Parts shows that it isn’t slowing down any time soon,” said Gov. Henry McMaster. “We’re proud to welcome another fantastic company to our Upstate community, and we’re grateful for the investment they have decided to make in our people.”
Learn more about the company at frimo.com.