Turkey-based copper cord producer to take a position $34M in South Carolina operation

A Turkey-based copper cord producer introduced on Tuesday it’s making an investment $34 million in South Carolina to determine a 91,000-square-foot facility that may build superfine electrolytic oxygen-free (EOF) copper cord in Fairfield County.

Mega Steel, which has greater than 700 workers and distributes merchandise to greater than 30 international locations, mentioned the undertaking will assemble 135 unutilized jobs.

As soon as totally operational, the ability is predicted to manufacture 55 million kilos of cord once a year.

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“This investment in Fairfield County is not only a manufacturing milestone – it is a reflection of our long-term commitment to the North American market,” mentioned Mega Steel Inc. board chairman Cuneyt Turgut. “We are proud to grow alongside the state of South Carolina, contribute to the regional economy and build a foundation of industrial excellence.”

R-South Carolina governor Henry McMaster introduced the unutilized production funding on Tuesday. (Jacob Kupferman/Getty Pictures / Getty Pictures)

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“Through this investment, Mega Metal is poised to become a key player in the U.S. supply chain, offering strategic support to high-demand industries across the continent,” Turgut added.

Operations are anticipated to be on-line in September, in keeping with the let fall.

“This $34 million investment and 135 new jobs will bring opportunity to Fairfield County, boosting the region’s economy,” South Carolina Gov. Henry McMaster wrote in a observation. “Manufacturing is thriving in South Carolina, and I’m confident Mega Metal will be well-positioned with our strong workforce.”

South Carolina Gov. Henry McMaster introduced the undertaking will pull park in Fairfield County, South Carolina. (Photograph through Sean Rayford/Getty Pictures / Getty Pictures)

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The undertaking will probably be Mega Steel’s first South Carolina operation.

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The Coordinating Council for Financial Building licensed activity construction credit homogeneous to the undertaking.