21. September 2015 – Automotive supplier's $35 million investment to create 94 new jobs in South Carolina
Duncan, S.C. / Frankfurt (Germany), Sept. 21, 2015 – The DRÄXLMAIER Group will invest a total of $35 million through 2016 for upgrades to its facility at 1751 East Main Street in Duncan, S.C.
The investment will include the addition of a 184,000 sq. foot (16,560 sq. meter) production and logistics building to the existing facility, as well as upgrades to the plant infrastructure and equipment. The expansion alone is expected to create 94 new jobs.
"Our plant in Duncan plays an important strategic role for our global production network and for our customers right here in the Americas," said Barbara Bergmeier, head of Production and Logistics for the DRÄXLMAIER Group. "Our company has been in the Upstate of South Carolina for almost 20 years, and we plan to strengthen our ties even further in the near future."
Barbara Bergmeier informed South Carolina Gov. Nikki Haley and members of the South Carolina Trade Delegation about the supplier's expansion plans during a meeting today on the sidelines of the Frankfurt auto show, IAA, in Frankfurt, Germany.
"The expansion shows that we are committed to a steady growth in this region," Barbara Bergmeier said. "The well-trained and highly-skilled workforce in South Carolina will help us to develop and manufacture high-quality products for our customers in the Americas and around the world."
The new addition to the already existing building will significantly increase the plant’s capacity and house state-of-the-art equipment for the assembly of vehicle interiors and components, including instrument panels, center consoles and door panels, as well as warehouse space, social areas and a new cafeteria. Construction is expected to begin this November and to be completed by September 2016.
"We want to achieve a sustainable growth," said Ulrich Eichler, senior president and COO for DRÄXLMAIER in the Americas. "This investment will allow us to further enhance our competences as well as our customer and product portfolio in the region."
A Tier I supplier to the international automotive industry, DRÄXLMAIER manufactures interiors for premium automobiles and plastic components at its Duncan site. Opened in 1998, the facility has been expanded three times since then, the last time in 2011 when a new production wing was added to the existing building. Since then, DRÄXLMAIER has created more than 350 new jobs at its sole U.S. manufacturing site, which currently employs more than 1,000 skilled workers and professionals.
"South Carolina offers us an excellent business environment, a talented work force and exceptional market access," said Stefan Bude, senior president and CFO for DRÄXLMAIER in the Americas. "We appreciate all the support we have received from state and local officials."
In addition to its Duncan location, DRÄXLMAIER also maintains logistics hubs in California and Tennessee, and an engineering office in California.
The DRÄXLMAIER Group supplies premium automobile manufacturers worldwide with complex wiring harness systems, central electrical and electronic components, exclusive interiors, and storage systems for electric mobility. The combination of core competencies in the interior, electrical, electronic and storage systems areas makes DRÄXLMAIER unique in the industry. The company thereby covers the entire process chain, from the initial idea, through the development and production process, and up to precisely in-sequence delivery of the products to the assembly lines of premium automobile manufacturers. The inventor of the customer-specific wiring harness, the DRÄXLMAIER Group develops pioneering wiring harness technology as well as electrical and electronic components, all directly in-house. These include multi-voltage and high-voltage wiring harness systems, battery management systems, and intelligent power distributors. DRÄXLMAIER is working on the future of emission-free mobility with its solution for low-voltage and high-voltage storage systems. As a market leader for interior systems in premium automobiles, the DRÄXLMAIER Group also supplies premium automobile manufacturers with ambient lighting, center consoles, door panels and instrument panels, as well as complete door and cockpit modules.
The DRÄXLMAIER Group is an international automotive supplier with more than 60 sites in over 20 countries. Founded in Germany in 1958, the company employs about 75,000 employees throughout the world. For the DRÄXLMAIER Group as an owner-managed business, responsible and long-range thinking has always been the basis for economic success. It is therefore a core element of its strategy to design its business and production processes, as well as its products, in a more sustainable manner and in that way to increase the competitiveness of the company on a long-term basis.
In 2019, the DRÄXLMAIER Group generated sales of 4.9 billion euro. Customers of this member of the Top 100 Automotive Suppliers include Audi, BMW, Jaguar, Land Rover, Maserati, Mercedes-Benz, MINI, Porsche and Volkswagen, as well as Californian automotive manufacturers.