Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » TICO Manufacturing And Vertiv Investing In South Carolina
    Investments

    TICO Manufacturing And Vertiv Investing In South Carolina

    userBy userOctober 14, 2024No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    TICO Manufacturing, a division of Terminal Investment Corporation, will invest an additional $1.6 million and adding 38 jobs at the Cypress Ridge Industrial Park, located in Ridgeland, South Carolina. The company’s expansion is focused on a remanufacturing and repair operation that will include converting TICO terminal diesel trucks to electric. The project will occur over the next 18 months.

    “TICO is pleased to announce our expansion in Ridgeland with the acquisition of an existing facility to be upfitted and modernized at Cypress Ridge Industrial Park,” said Jim Grooms, Division President of TICO Manufacturing. “We would like to thank the town of Ridgeland, Jasper County, and SouthernCarolina Alliance for their support of our company’s growth in Jasper County.”

    South CarolinaSouth Carolina
    TICO Manufacturing will invest $1.6 million into its Jasper County, South Carolina facility, adding 38 jobs. (Photo: TICO Manufacturing)

     “TICO is a major employer, a leader in their field and an asset to Jasper County,” said Jasper County Council Chairman Marty Sauls, who also serves as Chairman of SouthernCarolina Alliance. “TICO has been manufacturing the finest terminal tractors, providing good jobs and opportunities in our community, and we can’t thank them enough for their continued investment in our people. We are proud to have this renowned manufacturer growing in our region, and we look forward to working with them for years to come.”

     According to Mayor Joey Malphrus of Ridgeland, “TICO not only makes the best terminal trucks used at ports all over North America, they have been making the electric ‘EV’ trucks right here in Ridgeland. Every job created by TICO represents an opportunity for a better quality of life here in our community, and the new line to convert diesel trucks to EV will create even more jobs here. It’s a pleasure to see the company growing in our town.”

    Vertiv To Open New Facility In Pelzer, SC, Creating 300 Jobs

    Vertiv, a global provider of critical digital infrastructure and continuity solutions, will expand its North American manufacturing operations with a new facility in Pelzer, South Carolina. This facility in the northern region of the state will house 215,000 square feet of manufacturing space and is projected to create up to 300 additional skilled jobs.  

    The Vertiv Pelzer facility will produce a variety of infrastructure solutions, including integrated modular solutions, modular power systems, and other integrated systems leveraging the company’s portfolio of power, cooling, and IT infrastructure technologies for data centers.

    “Our global infrastructure solutions business is strong and growing, as the demand for AI accelerates and our customers see the value of an integrated approach to support faster compute deployment,” said Vertiv CEO Giordano (Gio) Albertazzi. “Increasing manufacturing capacity is critical to meeting the needs of our customers, and the Vertiv Pelzer operations are central to that mission for our Americas and global operations.”  

    Check out all the latest news related to South Carolina economic development, corporate relocation, corporate expansion and site selection.



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleExpert Finds Trump’s Tax Proposal Drains Money From 95% Of Households And Funnels It To The Top 5%, Widening Wealth Gap
    Next Article Freshpet stock hits 52-week high at $144.48 amid robust growth By Investing.com
    user
    • Website

    Related Posts

    Australia’s investment in large-scale wind and solar hits six-year peak | Energy

    February 13, 2025

    Investing in fixed-income ETFs as market weighs Fed forecasts

    February 12, 2025

    Citigroup launches new preferred stock series By Investing.com

    February 12, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d