The New River Auto Mall Remanufacturing Center, which will recondition and "remanufacture" automobile parts, will locate in Jasper County and bring 25 jobs and $4 million in investment, according to a news release Friday.
The venture was announced by New River Auto Mall president and CEO Warner Peacock.
A high-tech aluminum remanufacturing process will be performed at the facility, which will also conduct new-vehicle pre-delivery inspections, the release said.
"We're thrilled to be expanding the New River Auto Mall again with the development of this new facility," Peacock said in the release. "We're excited for the expansion, and we're glad to bring even more jobs to this region."
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Remanufacturing is a process of disassembling an automotive component, recovering non-mechanical and non-wearable parts, and using them to rebuild the component. According to the Automotive Parts Remanufacturers Association website, remanufactured parts are "the functional equivalent of a new part," and they conserve energy, raw materials and landfill space.
The New River facility is expected to open in January at 1667 N. Okatie Highway in Ridgeland and will be the first such plant in a large geographic area that includes the Lowcountry and coastal Georgia, the release said.
The remanufacturing center will be developed on a 15-acre industrial site where a 35,000-square-foot building already is in place. Annual payroll should exceed $1.7 million, the release said.
"This project involves job-creation, renovation of an existing industrial building, additional capital investment and new revenue in the county, and indirect jobs and revenue for those involved in the retail and service operations in the surrounding area," said Marty Sauls, Jasper County Chamber of Commerce chairman and a Jasper County Council member.
"We believe that the type of high-end remanufacturing process offered by the New River Auto Mall Manufacturing Center will not only better serve the people of Jasper and surrounding counties, it will attract consumers from a large geographic area," added Phil Richardson, SouthernCarolina Alliance's economic development director in Jasper County.
The New River Auto Mall is a group of 12 dealerships along U.S. 278 in Hardeeville, five miles east of Interstate 95.
New River Auto Mall website
SouthernCarolina Alliance website
Automotive Parts Remanufacturers Association website
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key words: New River Auto Mall, remanufacture, economic development, Warner Peacock, Jasper County, automobile, car dealer, plant, investment, job creation, Jasper County Chamber of Commerce, Marty Sauls, Phil Richardson