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German transmission maker plans $350M SC plant
Posted: 07.22.2010 at 11:00 AM
0

COLUMBIA, S.C. (AP) -- Automotive supplier ZF Group will spend $350 million on a transmission plant in South Carolina that will create 900 jobs beginning in 2012.

Friedrichshafen, Germany,-based ZF said Thursday it would supply fuel-efficient transmissions for passenger cars and the light truck market from the plant being built in Laurens County.

ZF already has a suspension module plant in Duncan that has about 150 workers. ZF spokesman Bryan Johnson says South Carolina beat at least a dozen other states for the facility.

The company supplies several automakers with plants in the U.S., including Chrysler, BMW, Hyundai and Volkswagen.

Johnson says the rear-wheel drive transmissions will be supplied to Chrysler and other customers the company is not announcing for now.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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