German automotive component supplier Dräxlmaier Group plans to invest $42.7 million in its manufacturing facility in Duncan, South Carolina.
The Duncan facility expansion will include purchasing additional equipment and creation of about 460 new jobs.
With the investment, Dräxlmaier Group will also upgrade its plant infrastructure, equipment, and construction of a 184,000 square foot production and logistics building.
Dräxlmaier, which operates more than 60 sites in 20 countries, generated sales of $4.6 billion in 2017.