Monday, the South Carolina Department of Commerce and the Florence County Economic Development Partnership announced that Materials Innovation Technologies, a research and development company specializing in unique carbon fiber reclamation and molding processes, will locate its new facility in the Lake City area of Florence County.
The $5 million investment is expected to create 120 new jobs.
According to a news release, Materials Innovation Technologies' new Florence County facility will house operations for its MIT-RCF division. The MIT-RCF division will be utilizing revolutionary technology to manufacture advanced composite parts for commercial use in a variety of industries, as well as reclaiming carbon fiber to be utilized in the manufacturing process.
The company plans to do the bulk of its hiring in February and will work through ReadySCTM to screen applicants. Those interested can also find out more or e-mail Mike Cettei at michaelcettei@msn.com.
