A new company that makes advanced tooling used to manufacture large boats is setting up shop in South Carolina.
Charleston Composites Inc. is investing $3.8 million to equip a 87,000-square-foot facility in Jacksonboro, S.C., that will create 28 jobs.
The company provides design and computer numerically controlled tooling services for composite materials in the marine and architecture industries. The plant will house three five-axis large-format CNC mills, according to a news release from the South Carolina Department of Commerce.
In addition to making tooling for boats, Charleston Composites plans to expand into the aerospace, automotive and defense sectors.
The facility is scheduled to be on line by April. The state Coordinating Council for Economic Development approved a $200,000 Rural Infrastructure Fund grant to Colleton County to assist with the costs of site preparation and building construction.
Charleston Composites President Ben Robertson said in a news release: "We are proud to bring this technology into the state and even more proud to be the only ones in South Carolina with this kind of facility and expertise to serve our customers."