Lear Corporation, a leading global supplier of automotive seating, is expanding its existing operations at 1200 Woods Chapel Road in Duncan, South Carolina to accommodate its continued growth. The company will be adding equipment and upgrading existing infrastructure, bringing more than $7.7 million in new capital investment in Spartanburg County.
The company will be investing in real property improvements and purchasing new manufacturing equipment to support the launch of automotive seating programs for Volvo Cars' Berkeley County assembly plant, as well as BMW's Spartanburg County assembly plant.
"We have a world-class seating facility in Duncan, South Carolina, with an outstanding workforce. We are very pleased to be able to invest in future growth at this location. We appreciate the support of Spartanburg County and their partners at the South Carolina Department of Commerce, and look forward to continued success at our Duncan facility," Lear President and CEO Matt Simoncini said.
"To see a company like Lear Corporation choose to continue investing in our state and our people are important signs to the business community around the world that South Carolina is the place to be. We look forward to seeing the new heights the relationship between our state and this company will reach in the years to come," said Gov. Henry McMaster.
"We are extremely pleased that Lear Corporation is expanding and growing its operations in Spartanburg County. Lear's decision to expand here represents our commitment to our existing industries. Spartanburg County will benefit from this expansion now and in the future," David Britt, Spartanburg County Economic Development Committee Chairman and Economic Futures Group Board Member said.