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Baxter Enterprises and Hi-Tech Mold & Engineering to Invest $20.7 million to Establish its Operations in Oconee County

Baxter Enterprises and Hi-Tech Mold & Engineering to Invest $20.7 million to Establish its Operations in Oconee County

Introduction:

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.

Features:

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.

Specifications:

Company Name Baxter Enterprises
Partner Company Name Hi-Tech Mold & Engineering
Location Oconee County
Type Establish its Operations
Estimated Cost $20.7 Million

 

Source : sccommerce.com

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