KP Components Inc., a Denmark-based supplier that specializes in fully-automated machining of complex parts for a variety of industries, is investing $16 million in an expansion of its Pickens County operations, according to the S.C. Department of Commerce.
The expansion is expected to create 47 new jobs.
"We are very happy that we are able to continue expanding our business here in South Carolina with an investment in a new plant and equipment that will make it possible for KP Components Inc. to meet our ambitious goals for our U.S. organization over the next years," Kim Broedbaek, KP Components Inc. general manager, said in a news release.
The company, located at 117 Sheriff Mill Road in Easley, is constructing a new 50,000-square-foot manufacturing facility to support its U.S. market growth, the release said.
"It is exciting to witness the success of a world-class manufacturer like KP Components Inc., particularly when they plan their future here in Pickens County,” Roy Costner, Pickens County Council chairman, said in the release. “At KP Components Inc., 'precision is a lifestyle' and their attention to excellence is precisely why we are thrilled they are growing as a part of the Pickens County family of top-notch leaders.”
The Coordinating Council for Economic Development approved job development credits related to the project.