News Summary
ATI Inc. has opened a new titanium aerospace manufacturing plant in Chesterfield County, South Carolina, which is expected to create nearly 70 jobs. The facility specializes in titanium alloy sheet production, vital for enhancing aerospace components. Local economic development support has been provided, including job development credits and a grant for infrastructure improvements. This expansion cements South Carolina’s role in the aerospace industry and showcases ATI’s commitment to high-quality materials and innovation.
South Carolina Sees New Job Creation with ATI Inc. Titanium Aerospace Plant
ATI Inc., a leader in aerospace and defense, has inaugurated a new titanium aerospace manufacturing plant in Chesterfield County, South Carolina, aimed at boosting local employment and production capabilities. This facility, located at 340 Industrial Park Lane in Pageland, marks ATI’s second site within the state and is projected to create nearly 70 new jobs.
The newly established plant is focused on producing titanium alloy sheet, a material essential for airframe manufacturers, which significantly enhances the strength and durability of aerostructure components. With the operational capacity now fully functional, the hiring process for the new workforce is underway, contributing to the growth of the local economy.
While ATI has not publicly disclosed the financial investment involved in opening this facility, its strategic significance is highlighted by the company’s recent long-term agreements to supply materials to major aerospace manufacturers, including Airbus and Boeing, utilizing outputs from the Pageland site.
Economic Development Support
The plant’s establishment comes with substantial backing from local and state economic development programs. The Coordinating Council for Economic Development has approved job development credits for this project, which emphasizes its importance within the region. Furthermore, Chesterfield County has been awarded a $550,000 grant through the Rural Infrastructure Fund, dedicated to improving the infrastructure of the new facility, reinforcing the support from local authorities.
Local officials, including Chesterfield County Council Chair, have expressed pride in attracting a global specialty materials business like ATI. They have highlighted the county’s initiatives in promoting workforce readiness and creating a favorable business environment aimed at attracting new industry players.
Background of ATI Inc. and its Expansion
Headquartered in Texas, ATI Inc. has established itself as a prominent figure in the aerospace industry. The company’s commitment to innovation and high-quality materials has allowed it to secure significant contracts with leading aerospace manufacturers worldwide. In addition to the Pageland facility, ATI operates another specialty materials production site in Richburg, South Carolina, enhancing its footprint in the region.
Company President and CEO Kimberly A. Fields has underscored the importance of the new plant’s production capabilities. With its advanced technology, the facility is set to produce the widest and longest titanium sheets available in the industry. This technological edge positions ATI favorably in the competitive aerospace market, allowing it to meet the increasing demand for high-performance materials.
As the facility ramps up production, it is expected to play a critical role in supporting the growing needs of the aerospace industry, further establishing South Carolina as a key player in the region’s manufacturing sector. With job creation, economic growth, and the attraction of global businesses, the opening of the ATI titanium aerospace plant represents a significant milestone for Chesterfield County and the state as a whole.
Deeper Dive: News & Info About This Topic
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- Greenville Business Magazine
- Google Scholar: South Carolina Economy
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- Encyclopedia Britannica: South Carolina
- Newswire
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