$18.2 million investment expected to bring 121 jobs
COLUMBIA, S.C. - BOMAG Americas, a producer of compaction equipment, milling machines, asphalt pavers and reclaimer/stabilizers for road building and other construction markets, will be establishing its North America headquarters in Fairfield County. The $18.2 million investment is expected to bring 121 new jobs along with a showcase room and BOMAG's assembly operation.
The new facility will be constructed at Fairfield Commerce Center, located 3339 East Peach Road, Ridgeway, South Carolina. The facility will comprise approximately 127,600 square feet, with 107,100 square feet representing a spare parts warehouse and assembly area along with 20,500 square feet of office space. BOMAG anticipates breaking ground on the new facility in March with estimated completion in October.
BOMAG, a subsidiary of the French company Fayat intends to hire 121 employees over the next five years with positions in parts, service and sales support, assembly, engineering, purchasing, information technology and human resources.
The Coordinating Council for Economic Development approved job development credits and a $1.1 million rural infrastructure fund grant for site preparation and infrastructure improvements.
"On behalf of BOMAG Americas, I am pleased to announce this new partnership with South Carolina and Fairfield County. We believe this area offers our company several benefits such as: close to port of entry, proximity to air hub for spare parts fulfillment and a climate conducive to offering year-round sales and service training for our customers. Our intent with this project is to strengthen our North American organization with the objective of being closer as well as better serving our customers." -Walter Link, president of BOMAG Americas
"Over the course of the last three years we have seen more than 26,000 new manufacturing jobs announced in South Carolina. We congratulate BOMAG on their announcement of an $18.2 million investment and the creation of 121 new jobs."-Gov. Nikki Haley
"Between our transportation infrastructure, industry-leading work development programs and business-friendly climate, it's no wonder a world-class company like BOMAG chose to locate in the Palmetto State." -Secretary of Commerce Bobby Hitt
"The successful recruitment of BOMAG Americas is attributed to the teamwork that exists here in the Central SC region. This is a significant economic development announcement, and we are excited for Fairfield County and the opportunities being made available with these outstanding new jobs. This new facility will be the first tenant in the Fairfield Commerce Center, which was the vision of Fairfield County Council and demonstrates real leadership in economic development by being ready for companies when they are in the site selection mode." -Central SC Alliance Chairman Mike Brenan
"Fairfield County is pleased to welcome BOMAG Americas as the anchor tenant in our new industrial park, Fairfield Commerce Center. The decision of this world class company to locate in Fairfield County is further evidence that our strategic location on the I-77 corridor, skilled workforce and business friendly environment provide the key components businesses need to be successful."-David L. Ferguson, chairman of Fairfield County Council
FIVE FAST FACTS
- $18.2 million investment and 121 new jobs over the course of the next five years.
- The new facility will be approximately 127,600 sq. ft. - 107,100 sq. ft. for the spare parts warehouse and assembly area and 20,468 sq. ft. of office space.
- First tenant of the Fairfield Commerce Center.
- Plans to break ground in March 2014.
- BOMAG is among more than 200 manufacturers to announce investments in South Carolina since January 2011.
About FAYAT (BOMAG's Parent Company)
With presence in 120 countries and a staff of 19,400 employees, FAYAT is active worldwide, providing efficient technical solutions for construction and public works, steel construction, electricity, road equipment, handling material and pressure vessels. The Group reported sales revenue of $4.6 billion in 2013. FAYAT is a world leader in compaction through its subsidiary BOMAG and a main player in mixing plants with MARINI-ERMONT. www.fayat.com
As the worldwide compaction experts for soil and asphalt applications, BOMAG has a staff of 2,200 employees to support its global dealer network of over 500 dealers. A broad range of product segments consisting of light equipment, asphalt pavers, cold milling planers, reclaimer/stabilizers and soil, asphalt and landfill compaction resulted in BOMAG sales revenue of $715 million in 2013. www.bomag.com