Carrier Global CEO David Gitleen spoke in 2025 about the company’s investment of the company in US manufacturing and macroeconomic expectations.
A turkey -based copper wire manufacturer announced on Tuesday that he was investing $ 34 million South Carolina To establish a 91,000 sq ft facility to construct superfine electrolytic oxygen-free (EOF) copper wire at Fairfield County.
Mega metal, which has more than 700 employees and distributes products in more than 30 countries, said the project will be constructed 135 new jobs.
Once it is completely operational, the convenience is expected to produce a wire of 55 million pounds annually.
The copper cable at the Parus Electro LLC production site in Moscow, Russia is shown on Friday, February 18, 2022. (Andry Rudkov / Bloomberg / Getty Images)
Trump to open American exporters using the power of American economy: Lootnic
“This investment in Fairfield County is not only a manufacturing milestone-it is a reflection of our long-term commitment North American market“Mega Metal Inc. We proud to grow with the state of South Carolina, contribute to the regional economy and form the foundation of industrial excellence. ,
Henry McMaster, Governor of R-South Carolina, announced a new manufacturing investment on Tuesday. (Jacob Kufaraman / Getty Image / Getty Image)
America, China reduced tariffs for 90 days after trade talks
“Through this investment, mega metal is ready to be a prominent player American supply chainProviding strategic support to high-deserving industries in the continent, “said Targut.
As per the release, the operation is expected to be online in September.
Langer | Security | Last | Change | Change % |
---|---|---|---|---|
Magmet | no data available | , | , |
, |
South Carolina Gove Henry McMaster wrote in a statement, “This will bring an opportunity for the investment of $ 34 million and 135 new jobs Farefield County, which will promote the economy of the region.” “Manufacturing in South Carolina is getting rich, and I am confident that the mega metal will be well deployed with our strong workforce.”
South Carolina village. Henry McMaster announced that the project would be in Fairfield County, South Carolina. (Photo by Scene Reford / Getty Image / Getty Image)
Trump says tariffs are encouraging American investment, causing damage to China
The project will be the first South Carolina Operation of Mega Metal.
Get Fox Business when you click here
The Coordination Council for Economic Development approved the Job Development Credit related to the project.