Columbia, SC – Kiswire Inc., a manufacturer of steel cord and bead wire, is commencing the second phase of its Newberry County, South Carlolina, expansion.
This phase, a $30-million (€24 million) investment, is expected to result in 45 new jobs in Newberry. Kiswire announced the first phase of its expansion of its steel cord division in January 2013, which cost around $15 million and created 30 new jobs.
The second phase of the steel cord operation is construction of the plating operation building. Located at 90 Twin Springs Road in Newberry, the project will add 170,000 square feet to the current facility and will include additional machines.
The facility will convert high carbon steel rod through a process that involves drawing, heat treating, and electro-plating to supply the current building. Construction is expected to begin this month.
Upon completion of this expansion, Kiswire will employ approximately 200 people between its two Newberry locations. Hiring for the 45 new jobs is expected to begin in the spring.