A Myrtle Beach based firm is growing its operations in eastern Southern Carolina.
Precision Southeast said it will expand its Marion County manufacturing facility, according to a release from the South Carolina Commerce Department. The expansion is expected to create 140 new jobs over five years in the county with the state’s highest unemployment rate.
The company is relocating to the Marion County Spec Building, developed in partnership between the county and Pee Dee Electric Cooperative, in order to meet increased customer demand. The expansion is being facilitated by an increase in machine sizes, service offerings, logistics and the number of industries served. Precision’s Marion County operation currently employs 80 workers.
Marion County Economic Development Commission Director Julie Norman said the county is happy that the manufacturer of injection molded plastic parts will be moving into the new building. “Not only are we very excited that Precision South East chose to expand their operations in Marion County, but we’re thrilled that they are going to be moving into our Spec Building that’s been vacant since it was constructed in 2012.” Norman told South Carolina Radio Network.
Marion County had the highest unemployment rate of any county in South Carolina at 11.3 percent in October, according to the state Department of Employment and Workforce.
Precision Southeast is a manufacturer of injection molded plastic parts, is expanding its operations in eastern South Carolina. Headquartered in Myrtle Beach, the company is investing $16.6 million to expand its Marion County manufacturing operations. This expansion complements recent growth of the company’s existing Horry County operations, which represented $2 million in investment and 60 new jobs hired at that site.
Founded in 1980, Precision Southeast, Inc. produces sporting goods, agricultural/industrial, assembled, automotive, decorated, insert molded and power tool parts. In addition to manufacturing, the firm also offers assembly and packaging services.
Since being established nearly 35 years ago, Precision Southeast, Inc. has grown significantly in eastern South Carolina.
The company says its new jobs created will span the entire spectrum from entry level to very highly skilled technical molding and machining positions, in addition to sales, management, finance, procurement, and information technology and various supporting roles. Hiring for the new positions is set to start in March 2015