Accuride Corp.(ACW: Quote), a supplier of components to the commercial vehicle industry, announced plans to expand aluminum wheel production capacity at its Kershaw County plant.
The company said that it will invest at least $8.73 million to add two machine lines as part of the expansion, which will generate at least 25 new jobs.
The Kershaw County Council is expected today to vote in favor of a Fee in Lieu of Taxes (FILOT) agreement for the project; and the company is utilizing South Carolina's readySC worker training program for new hires, Accuride said.
Click here to receive FREE breaking news email alerts for Accuride Corp. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News