Congratulations to KRA Operations LLC and Newberry County on this latest announcement! The company’s new facility opens up new opportunities for the local workforce to apply their skills and strengthens the in-state supply network for existing businesses in need.
About Central South Carolina Alliance
The Central SC Alliance (CSCA) is a full-service professional economic development organization, founded in 1994 as a 501(c)(3) not-for-profit, public/private partnership, engaged in the recruitment of capital investment and jobs to the Central Region of South Carolina. Since inception, CSCA and its partners and allies, have attracted more than $14.3 billion in capital investment and over 72,500 new jobs to the Central Region of South Carolina.
CSCA represents the capital city of Columbia and eight counties in the heart of South Carolina: Calhoun, Clarendon, Fairfield, Kershaw, Lexington, Newberry, Orangeburg and Richland. To learn more, visit our website at https://centralsc.org/and follow us on LinkedIn, Facebook, and Twitter.
For Immediate Release
August 18, 2020
KRA Operations, LLC establishing operations in Newberry County
$11.5 million investment to create 57 new jobs
COLUMBIA, S.C. - KRA Operations, LLC, a subsidiary of South Korean-based Kirin Precision Co., Ltd, is establishing its first U.S. operations in Newberry County. The company's $11.5 million investment is projected to create 57 new jobs.
Designed to serve existing clients in South Carolina, KRA Operations, LLC will perform metal stamping and injection molding processes at its new U.S. facility.
Located in Mid-Carolina Commerce Park in Newberry County, KRA Operations, LLC's new 110,000-square-foot facility is fully operational.
The Coordinating Council for Economic Development has approved job development credits related to this project. A $400,000 Set-Aside grant was also awarded to Newberry County to assist with costs of site preparation and building construction.
"In examining where to locate our first U.S. operation, we became convinced that South Carolina and particularly, Newberry County, would be a great place to do business. From the beginning of construction to starting our operations, we have experienced first-class customer service, a reliable and skilled workforce and a business-friendly environment. We are very excited to have joined the business community of South Carolina and Newberry County and look forward to being contributing members of our community for years to come." -KRA Operations, LLC President Wonyoung "William" Chang
"Our talented workforce in South Carolina has established a reputation as one of the best in the world. This investment shows KRA Operations, LLC's commitment to the people of South Carolina, and we look forward to seeing the positive impact this company will have in Newberry County and throughout the state." -Gov. Henry McMaster
"South Carolina has proven itself to be 'Just right' for business. That's why when international companies like KRA Operations, LLC want to establish a presence in the United States, they choose to locate within our borders. This $11.5 million investment speaks highly of our great state and the people in it." -Secretary of Commerce Bobby Hitt
"We believe Newberry County can compete with any other community in the world for quality manufacturing projects, and I think this announcement further demonstrates that ability. We're delighted to welcome KRA Operations, LLC to Newberry County and into our corporate community." -Newberry County Council Chairman Henry H. Livingston III
FIVE FAST FACTS
- KRA Operations, LLC is establishing operations in Newberry County.
- $11.5 million investment to create 57 new jobs.
- KRA Operations, LLC performs metal stamping and injection molding.
- Located in Mid-Carolina Commerce Park.
- The company's new 110,000-square-foot facility is fully operational