Baxter Enterprises and Hi-Tech Mold & Engineering, companies owned by the Schulte family and full-service suppliers for the plastics industry, are establishing operations in Oconee County.
To accommodate the new Oconee County operations, the companies will be moving into a new 87,000-square-foot facility within the Oconee Industry and Technology Park, located off of S.C. Highway 11. The companies anticipate Hi-Tech Mold & Engineering’s operations to comprise 17,500-square-feet of the new facility.
The firms are investing $20.7 million in the project, creating 87 new jobs over the next five years. The Coordinating Council for Economic Development has approved a $200,000 grant to Oconee County to assist with the costs of real property improvements. Job development credits were also approved for this project.
|Company Name||Baxter Enterprises|
|Partner Company Name||Hi-Tech Mold & Engineering|
|Type||Establish its Operations|
|Estimated Cost||$20.7 Million|
Source : sccommerce.com