Zeltwanger LP, a Germany headquartered machine technology company will expand its Charleston County operations, investing $12.5 million in the site.
The investment will mean 24 new jobs at a new North Charleston location, according to announcements from the Commerce Department and Charleston County Economic Development.
Zeltwanger LP is a manufacturing service provider for highly complex and precise machine parts worldwide, according to the news releases. The company assembles and manufactures machine products and serves a wide portfolio of applications including plant engineering, automotive, e-mobility, medical technology, automation technology, the packaging industry and the aerospace industry.
“This expansion demonstrates our long-term commitment to our customers and our investment in the future of this company,” Zeltwanger LP President Juergen Goehner said in the release. “We are honored to provide further economic growth and new career opportunities for citizens within the community.”
Relocating within the county to 9551 Palmetto Commerce Parkway in North Charleston, Zeltwanger LP’s new facility will accommodate additional production due to increased demand in the Charleston area.
“It is with marked excitement that we congratulate Zeltwanger LP on their announcement to expand their presence in Charleston County,” Charleston County Council Chairman Teddie Pryor said in the release. “We strive to foster a receptive, business-friendly ecosystem designed for optimal growth opportunities.”
The expansion is expected to be complete by the first half of 2023.
The company in March 2003 announced its first plans to establish operations in North Charleston off Montague Avenue. That was a $1.6 million investment that company President Ulrich Zeltwanger said at the time would create 24 jobs.