Palmetto State News

Austrian company Kostwein announced plans to invest $8.5 million and create nearly 100 jobs when it establishes operations in Greenville County, a release from Gov. Henry McMaster's office said.

A high-tech machine manufacturer, Kostwein produces machines, modules, and high-tech components for all sectors of mechanical engineering.

“Kostwein is a family company with a 100-year history acting in the build-to-print business,” Kostwein Group CEO Hans Kostwein said in the release. “We are proud that our customers are world market leaders in the different fields of machine production."

The company, founded over 100 years ago, said the facility at 500 Hartness Drive in Greenville will be its first plant in America. It has a presence in other countries, as well.

"Our headquarters is in Austria, and we have production facilities in Croatia and India – totaling 1,200 employees in the group," Kostwein said in the release. "We are glad to announce that we are growing our global production footprint with the manufacturing facility in Greenville County.”

The new 92,000-square-foot facility is expected to be completed by March and will employ 95 people. It will be used to expand its machine manufacturing and customer support capabilities in the U.S.

“We’re excited to welcome Kostwein to South Carolina,” McMaster said in the release.  “Their decision to build the company’s first U.S. manufacturing facility in Greenville County is a big win for the community and another reason to celebrate in South Carolina.”

Kostwein will receive assistance in developing the facility. The Coordinating Council for Economic Development has approved job development credits, and Greenville County was awarded a $300,000 Set-Aside grant to assist with costs.