COLUMBIA – Precision Southeast, Inc., a manufacturer of injection molded plastic parts, is expanding its operations in eastern South Carolina.
Headquartered in Myrtle Beach, the company is investing $16.6 million to expand its Marion County manufacturing operations, creating an expected 140 new jobs there over the next five years.
This expansion complements recent growth of the company’s existing Horry County operations, which represented $2 million in investment and 60 new jobs hired at that site.
Founded in 1980, Precision Southeast produces sporting goods, agricultural/industrial, assembled, automotive, decorated, insert molded and power tool parts. In addition to manufacturing, the firm also offers assembly and packaging services.
Since being established nearly 35 years ago, Precision Southeast has grown significantly in eastern South Carolina. The company is relocating to the Marion County Spec Building, developed in partnership between the county and Pee Dee Electric Cooperative, at 2785 Gurley Road in order to meet increased customer demand.
The expansion is being facilitated by an increase in machine sizes, service offerings, logistics and the number of industries served. Precision’s Marion County operation currently employs 80 workers.
The new jobs created will span the entire spectrum from entry level to very highly skilled technical molding and machining positions, in addition to sales, management, finance, procurement, and information technology and various supporting roles.
Hiring for the new positions is taking place in March 2015. For more information on Precision Southeast, visit www.precisionsoutheast.com.