KEMET will expand their Greenville County facility to produce capacitors for electric drive vehicles and other forms of alternative energy.
The move will add 113 jobs to the Simpsonville plant within the next three years. The company has not released any information on hiring for those positions.
KEMET recently received a grant from the U.S. Department of Energy to add additional capacitor lines to the plant to produce enough capacitors to make 100,000 electric drive vehicles.
The company anticipates that the expansion will be completed and the new production capacity will be online within nine months.
"This investment will allow us to meet growing demand from our customers in the U.S., especially in the electric drive vehicle industry. Our Simpsonville facility has been an important part of our production capabilities over the years and South Carolina has always provided KEMET with an excellent business environment and a highly-skilled workforce," said Per-Olof Loof, chief executive officer and director of KEMET in a written statement.
KEMET is currently producing the capacitor lines in Europe, but will be able to service domestic customers with the expansion in the Upstate.
The company says the expansion in Greenville County will also allow KEMET to begin supplying the same components to wind, tidal, geothermal and solar energy generation markets.
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