logo
Share SHARE
FONT-SIZE Plus   Neg

Accuride To Expand Aluminum Wheel Production Capacity At Kershaw County Plant

Accuride Corp.(ACW), 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Dutch consumer electronics giant Philips Electronics NV reported Monday significantly higher profit in its second quarter, mainly with Funai arbitration award, despite weak sales. Comparable sales growth was 3 percent with improved HealthTech portfolio, despite weakness in Lighting. The company also maintained its outlook for fiscal 2016. Jeff Bezos, the CEO of Amazon, has overtaken Berkshire Hathaway's founder Warren Buffet to become the third-richest person in the world, according to the Bloomberg Billionaires Index. Bezos is now behind clothing retailer Zara's founder Amancio Ortega, who is now second, and Bill Gates, co-founder... The White House has announced new initiative to fight climate change, curb usage of fossil fuels and increase access to clean energy by pushing the use of electric vehicles. The Obama administration announced a series of actions from the Federal government, private sector, and states, as well as...
comments powered by Disqus
Follow RTT