News Summary
AIRSYS Cooling Technologies is set to invest $40 million to establish a new global headquarters and manufacturing facility in Woodruff, Spartanburg County. The plant will span 264,000 square feet and is expected to create 215 jobs by 2026, focusing on customizable cooling solutions for high-density computing. This move aims to strengthen AIRSYS’s presence in the U.S. and positively impact the local economy with the support of government incentives.
Woodruff, South Carolina – AIRSYS Cooling Technologies Announces Major Investment
AIRSYS Cooling Technologies has announced a significant investment of $40 million to establish its new global headquarters in Woodruff, located in Spartanburg County. The formal announcement was made on May 8, indicating plans to enhance its manufacturing capabilities and create new job opportunities in the area.
The new facility will include a substantial 264,000-square-foot manufacturing plant situated along Highway 101 at 6228 S.C. Highway 101. The company is expected to create 215 new jobs within the local community, spanning various roles from engineering to manufacturing positions. The plant aims to be operational by 2026 and will focus on producing customizable spray liquid cooling components specifically designed for high-density computing servers.
Global and Local Impact
AIRSYS Cooling Technologies has positioned itself as a significant player in the field of air conditioning and cooling solutions. The company focuses on providing innovative systems for educational institutions, data centers, and battery storage facilities. With operations extending to 11 countries and a global workforce of over 1,000 employees, AIRSYS aims to strengthen its presence in the United States through this new facility.
Founded 30 years ago by Yunshui Chen, AIRSYS has previously operated out of Greer, South Carolina. The establishment of the new headquarters in Woodruff represents a strategic initiative to deepen its connection with Spartanburg County, positively impacting the local economy and job market.
Support and Incentives
To facilitate this major move, AIRSYS received various incentives from local government entities. County property taxes for the company will be reduced to six percent over 30 years, aiding their investment plans. Additionally, the Coordinating Council for Economic Development approved job development credits and awarded a $500,000 Set-Aside grant aimed at covering site preparation and construction costs for the new facility.
Community Response and Economic Growth
The announcement has received positive feedback from local officials, with South Carolina Governor Henry McMaster highlighting it as a testament to the strength of the local workforce and its contributions to business successes. Furthermore, the Economic Development Committee Chairman of Spartanburg County, David Britt, referred to AIRSYS as a “people first company,” underscoring the diverse range of job opportunities that will arise with the new headquarters.
Woodruff’s Mayor Kenneth Gist has expressed excitement regarding the prospects of employment and economic prosperity that the new facility will generate within the community. This investment not only aims to create jobs but also to bolster the local economy by attracting more business opportunities in Spartanburg County.
Looking Ahead
As AIRSYS prepares for this significant expansion, the company demonstrates its commitment to innovation within the cooling technology sector. The new global headquarters is set to emerge as one of the largest 3-D printing manufacturing facilities globally, which could position AIRSYS at the forefront of technological advancement in high-density computing solutions.
Through this major investment, AIRSYS Cooling Technologies aims not only to enhance its manufacturing capabilities but also to create a sustainable and prosperous environment for both the company and the surrounding community. The future of this initiative will be closely monitored as the company moves forward with its plans, with operations targeting to launch by 2026.
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