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The carrier Global CEO David Gitlin talks about the company’s billion-dollar investment in US-made and macroeconomic expectations in 2025.
A copper wire producer based on Turkey on Tuesday announces $ 34 million South Carolina In Fairfield County, Superfine Electrolytic Oxygeniz-free (EOF) will produce a 91,000-square-meter device that will produce copper wire.
Mega metal, which has more than 700 employees and distributing products to more than 30 countries, said he will create a project 135 new jobs.
Once fully employed, the object is expected to produce 55 million pounds wires a year.
Copper cable in the production site of the Parus Electro LLC in Moscow is shown on Friday on February 18, 2022. (Andrey Rudakov / Bloomberg / Getty Images)
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“This investment in Fairfield County is not just a production phase – this is the reflection of our long-term liability North American market“Said Mega Metal Inc. Chairman of the Board Cuneyt Turgut.” We are proud to grow along with the South Carolina province, contribute to the regional economy and build the basis of industrial perfection. “
R-South Carolina Governor Henry McMaster announced a new production investment on Tuesday. (Jacob Kupferman / Getty Images / Getty Images)
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“Mega metal through this investment is preparing to be the main player US Supply Chain“Turgut said,” Turgut said to high-demand industries between the continent.
According to release, the operations are expected to be online in September.
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“This $ 34 million investment and 135 new jobs Fairfield County will bring an opportunity to increase the region’s economy,” South Carolina Gov. Henry McMaster wrote in a statement. “Production is developing in South Carolina and I’m confident Mega metal will be well placed with us Strong workforce. “
South Carolina Gov. Henry McMaster announced that the project will take place in Fairfield County in South Carolina. (Sean Rayford / Getty Images / Getty Images)
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The project will be the first South Carolina operation of Mega Metal.
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The Coordinating Council on Economic Development has approved the work development loans related to the project.
