News Summary
TL+CO Business Solutions, a Utah-based supply chain company, is investing over $7 million to establish a new facility in Seabrook, SC, aimed at enhancing operations in the defense and aerospace industries. The project is expected to create 35 jobs with salaries above the local median income, leveraging advanced robotics for efficient assembly. This initiative is supported by local and state grants, strengthening the community’s economic development efforts and capitalizing on military transitions in the region.
Seabrook Welcomes $7 Million Investment from TL+CO Business Solutions
A Utah-based supply chain company, TL+CO Business Solutions, is set to invest over $7 million in a new facility located in Seabrook, South Carolina. This initiative is part of the company’s expansion into the defense and aerospace industries.
Key Details:
- Investment Amount: Over $7 million, with $300,000 sourced from local and state grants.
- Facility Features: Utilization of robots for assembly and retrieval of specialized parts.
- Job Creation: 35 new positions, with salaries above the county’s median income.
- Location: 1236 Trask Parkway, near U.S. Highways 21 and 17, approximately 12 miles north of Marine Corps Air Station Beaufort.
- Operational Start: Commencing this month.
The Seabrook facility will maintain an extensive inventory of specialized components necessary for the defense and aerospace sectors. For instance, if a client requires a carburetor for a rocket, all relevant parts will be readily assembled on site.
Technological Advancements:
The existing building has been modified to accommodate TL+CO’s operations. Robots within the facility will deliver parts to sorting stations, enhancing efficiency compared to conventional methods such as forklifts.
Community Impact:
The facility’s location was strategically chosen, benefiting from the annual transition of approximately 800 service members from nearby military bases. TL+CO plans to partner closely with the Beaufort County Economic Development Corp., which is actively seeking to attract more businesses to the aerospace and defense sectors.
Employment Opportunities:
Salaries for the new positions will be notably above the median income levels in Beaufort County, and interested candidates are encouraged to reach out to Tim DiDonato via email at tdidonato@tlcosolutions.com for job inquiries.
Future Outlook:
TL+CO’s total anticipated investments in the Seabrook facility could reach $7.5 million. Additionally, the company is expected to receive job development tax credits as part of its economic contribution to the area.
Statements from Officials:
John O’Toole, head of the Beaufort County Economic Development Corp., expressed confidence that this investment will pave the way for further business expansion in the region.
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Additional Resources
- Business Alabama: Seabrook Solutions Awarded Part of $49 Million Defense Contract
- Wikipedia: Supply Chain Management
- Island Packet: Beaufort News
- Google Search: Defense Aerospace Industry
- Seacoast Online: Seacoast Business Professionals
- Google Scholar: Business Investment Impact
- Fortune: Venture Capital and Russian Oligarchs
- Encyclopedia Britannica: Economic Development
