SKF expanding Sumter County operations
$26 million investment to create 10 new jobs
COLUMBIA, S.C. – SKF, a global leader in bearing manufacturing, today announced plans to expand its Sumter County operations. The company’s $26 million investment is projected to create 10 new jobs.
SKF manufactures bearings of all sizes and serves applications and markets, including military, medical, semi-conductor and the standard catalogue business.
Operating in two facilities located at 925 Corporate Circle and 840 Corporate Circle in Sumter, S.C., the company’s world-class manufacturing, industry 4.0 orientation activities and increased demand are leading to a new line design and installation of state-of-the-art equipment and handling systems.
The expansion is expected to be completed by December of 2020. Individuals interested in joining the SKF team should visit https://www.skf.com/us/career/index.html.
QUOTES
“SKF is proud to have a home here in Sumter. We are committed to world-class manufacturing and providing a world of reliable rotation through a talented and engaged workforce. We are grateful for the collaborative efforts of local government and community officials in establishing a business-centric environment where SKF can feel confident in investing in our facility and creating valued jobs. We look forward to the continued success of our SKF Sumter manufacturing team as they advance the world of next-generation bearing manufacturing.” –SKF Sumter Director of Operations Marcus Jakob
“We work hard every day to recruit new companies to South Carolina, but it’s even more exciting to see one of our existing businesses expand. When a company like SKF grows its operations, it sends a message to other businesses that South Carolina is a place where they can thrive. We celebrate SKF’s decision to invest $26 million and create 10 new jobs in Sumter County.” –Gov. Henry McMaster
“SKF is a valued part of the South Carolina business community, and it’s great to see them continue to grow within our borders. We look forward to seeing this company prosper for years to come.” –Secretary of Commerce Bobby Hitt
“Then Kaydon, now SKF; one thing that has not changed is this company’s high reputation and delivery of service. We are grateful for SKF’s continued investment in our community and our people of Sumter County.” –Sumter County Council Chair James McCain
“We are always thrilled to announce company expansions in Sumter, as it highlights our ability to produce quality products and superior talent that promote growth and vitality for our industrial partners and our community.” –Sumter Mayor Joseph McElveen
“We are fortunate to have companies that are true partners who are not only committed to the growth of their business, but also to the well-being of our citizens and neighbors. Our task is to continuously regenerate the talent needed to deliver outstanding results for our partners bearing all confidence in our ability to perform.” –Sumter Economic Development Chair Greg Thompson

FIVE FAST FACTS
 SKF is expanding operations in Sumter County.
 $26 million investment to create 10 new jobs.
 SKF is a global leader in bearing manufacturing.
 Located at 925 Corporate Circle and 840 Corporate Circle in Sumter, S.C.
 Individuals interested in joining the SKF team should visit
https://www.skf.com/us/career/index.html.

About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, the Palmetto State was among the top in the nation for attracting jobs through foreign investment on a per capita basis in 2018 – extending its streak of top five finishes since 2011. Additionally, the state has won the Gold or Silver Shovel Award from Area Development magazine every year since 2011; and, in 2017, the state was recognized as Business Facilities’ State of the Year. For more information, visit www.SCcommerce.com.

MEDIA CONTACT:
Alex Clark, CMP
Director of Marketing & Communications South Carolina Department of Commerce (803) 737-1998
aclark@sccommerce.com
www.SCcommerce.com