Lucideon M&P expanding in Greenville

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Lucideon M&P, a subsidiary of Lucideon Group Limited, is investing $7.5 million to expand its Greenville operation, which is expected to create 28 new jobs, according to the S.C. Department of Commerce.

Currently located in a 7,200-square-foot facility at 481 Garlington Road, Lucideon M&P plans to move into a 23,000-square-foot space at Patewood Business Center at 1 Marcus Drive in Greenville, according to a news release.

"We've been in Greenville for more than 18 years, supporting local businesses and those further afield. South Carolina's business-friendly attitude and support have contributed to making this expansion possible for us,” Joe Beagle, Lucideon M&P Greenville division manager, said in the release. “We're excited to have the opportunity to grow in this thriving part of the country and hope to invest more in both equipment and people as our business flourishes."

Lucideon M&P is an independent materials testing, analysis, characterization, development and commercialization organization specializing in materials technologies and processes. The new Greenville site will become home to Lucideon's Center of Excellence for Additive Manufacturing, supporting aerospace and medical device manufacturing, the release said.

The Coordinating Council for Economic Development approved job development credits related to the project.