SteelFab Inc. Expands Operations in Florence County with New Facility
SteelFab Inc. is investing $38.9 million to expand operations in Florence County, South Carolina, creating 108 jobs. The new facility will enhance U.S. naval defense production capabilities and is expected to commence operations in September 2027.
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SteelFab Inc. plans to build a second steel fabrication facility in Florence County with a capital investment of $38.9 million, generating 108 new jobs. The facility, situated at 500 Freedom Blvd., will focus on producing fabricated steel parts for U.S. naval defense applications, with operations projected to begin in September 2027.
The Coordinating Council for Economic Development has approved job development credits and provided a $300,000 Set-Aside grant to support site preparation and construction. This expansion reflects ongoing investment in the local manufacturing sector, highlighting the area's capability to support defense-related industries. The project follows recent expansions by other local manufacturers, indicating a growing trend in regional economic development.
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