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The South Carolina Department of Commerce recently announced that Dannecker Fine-Tec, a supplier of precision parts for aerospace and high-tech companies, will establish its first North American operations in the Charleston region. The $3 million investment is expected to generate 40 new jobs over the next few years.
“Bringing our operations to the North American market is a big step for our company. The Charleston region provides us with an excellent business environment and a strong workforce. The area also provides us with excellent proximity to customers and access to markets. We look forward to bringing our operations online,” said Denise Dannecker, president of Dannecker Fine-Tec.
Dannecker Fine-Tec will establish its first North American manufacturing operation in the Charleston region in the coming months. The company is currently looking at existing buildings in the area to house their operations.
The German company has produced precision parts for high-tech companies in a range of business sectors, including for the aerospace, medical, semi-conductor and hydraulic markets. Dannecker Fine-Tec has become a specialist in materials traditionally considered hard to work with, such as titanium.
“South Carolina’s business-friendly climate and skilled workforce continue to attract new investment and job opportunities from high-tech companies, and Dannecker Fine-Tec is another indication of the state’s success in that regard. Dannecker Fine-Tec’s new operations in South Carolina will nicely complement our state’s strengths in advanced manufacturing sectors such as aerospace and medical. We welcome Dannecker Fine-Tec to South Carolina and wish them much success in their endeavors here,” said Joe Taylor, Secretary of Commerce.
Dannecker Fine-Tec will begin hiring for the positions in June of 2011, and will partner with readySC in the hiring process. The company plans to hire its entire workforce from the local area.
The Dannecker Fine-Tec Gmbh was founded in 1997 by three skilled craftsmen from a family-owned business of precision mechanics. Within just a few years, the company had developed into an important supplier for a large number of high-tech businesses. For more information about the company, please visit www.dftgmbh.com.
About S.C. Department of Commerce
The S.C. Department of Commerce works closely with economic development professionals throughout the state to recruit new jobs and investments and help existing businesses grow. Commerce has been recognized for its success in the areas of job creation and economic impact by Area Development and Business Facilities magazines. The S.C. Department of Commerce was one of 10 state economic development organizations to receive Area Development’s Silver Shovel Award in 2009 and Commerce received the 2009 Deal of the Year award from Business Facilities magazine. Southern Business & Development also awarded the S.C. Department of Commerce the “Deal of the Year” for the 2010 SB&D 100. Commerce received the recognitions for Boeing’s selection of North Charleston for the company’s second final assembly plant to support the 787 Dreamliner program. In addition to job and investment recruitment, the agency provides a range of business support services and offers grants for community development and infrastructure improvements. For more information, visit www.SCcommerce.com.
