Meter Bearings Group To Manufacture in South Carolina
An Italy based designer and producer of ball and cylindrical roller bearings, Meter Bearings group is making its first U.S. manufacturing operations in Walterboro, South Carolina. The $4.5 million, 48,000-square-foot, facility located at 220 Anderson Road is expected to create 50 new jobs over the next five years in Colleton County."Part of our growth strategy is to establish a manufacturing operation in the United States to reach our customers that already exist there. We chose Colleton County thanks to the great and professional support of the South Carolina Department of Commerce staff and local officials,” said Vittorio Musso, President /CEO of Meter S.p.A.
One thing that influenced the company's decision to manufacture in Colleton County is proximity to the Port of Charleston. Meter Bearings Group will use the port for its importing and exporting.The Coordinating Council for Economic Development has approved a $200,000 Rural Infrastructure Fund grant for real property improvements.