Yanfeng Automotive Interiors is investing $49.6 million to expand its operations in Fountain Inn, S.C.
The expansion, expected to be complete in 2026, will create 58 new jobs over the next five years, a Jan. 18 news release from the South Carolina Department of Commerce said.
"The company is re-skilling and up-skilling current associates as part of the transition," the release said.
"Yanfeng is pleased to make this additional investment and further grow our Fountain Inn operations," Tony Elenbaas, Yanfeng North America vice president and general manager, said in the release. "This location is a key part of our North American business."
The investment includes building renovations and new machinery and equipment, the release said.
Yanfeng has more than 240 locations and 67,000 employees globally.