In grand fashion, Governor Henry McMaster officially inaugurated Sundaram-Clayton’s Ridgeville foundry, the company’s first U.S. manufacturing facility. Headquartered in India, SCL is a leading aluminum die-caster serving customers including global automotive OEMs in the U.S., Europe, and India.
With a $90 million capital investment and the potential for 230 new jobs over the next five years, SCL has already made significant positive impact on Dorchester County.
Pictured from left to right:
Mrs. Mallika Srinivasan, Mr. Srikanth Padmanabhan, Mr. Venu Srinivasan, Governor Henry McMaster, Dr. Lakshmi Venu, Mr. Asim Kumar & Mr. Brian Walter
MEDIA COVERAGE
Sundaram-Clayton expected to grow jobs, improve quality of life in Ridgeville
Source: The Summerville Journal Scene
Summary: The grand opening ceremony, nothing short of grandiose and celebratory, was the culmination of five years of the company’s searching and planning for a Western expansion site and the realization of nearly three years of working with county officials.
Auto parts manufacturer opens in Dorchester County; 230 new jobs expected to be generated
Source: WCBD – News Channel 2
Summary: A new auto parts manufacturer opened its doors on Friday in Dorchester County. Leaders with India-based Sundaram-Clayton and Governor Henry McMaster cut the ribbon at the company’s new plant, the first in the U.S., near the intersection of Highway 78 and S.C. Highway 27, near Ridgeville. The company creates aluminum die-cast parts for several different global auto brands. In the next five years, the facility is expected to generate 230 new jobs.
New Aluminum factory creates hundreds of jobs to the Lowcountry
Source: WCIV – News Channel 4
Summary: Manufacturing jobs are headed to the Lowcountry. Aluminum parts maker Sundaram-Clayton Limited has officially opened a multi-million dollar plant. The machines are starting to whir to life at the facility in Dorchester County, a $90-million dollar investment into this community. The company says they chose this area in the Lowcountry because of the technical expertise. Sparks flew at the inauguration for the latest newcomer to Dorchester County’s s business community.
Sundaram-Clayton expected to grow jobs, improve quality of life in Ridgeville
Source: The Berkeley Independent
Summary: It’s a narrative that’s been likened to the American Dream—humble beginnings and decades of hard work that produced a multibillion-dollar operation. That’s the story behind Sundaram-Clayton USA LLC (SCL), the global company expanding the manufacturing industry in rural Dorchester County. On Friday, SCL officially cut the ribbon on its first U.S. plant in Ridgeville.
Sundaram-Clayton Limited inaugurates its first overseas facility in the US by investing Rs 630 Crore in the plant
Source: The Economic Times
Summary: Dr. Lakshmi Venu – Joint Managing Director, Sundaram-Clayton Limited, while articulating the SCL strategy said, “The long-term outlook for both the American and the Indian automotive industries is strong. In both markets, OEM vehicle makers are focused on light-weighting and better fuel economy. Our technologies are aimed at supporting this industry trend. Our strategy of expanding in both these markets enables us to support our customers with a more responsive supply chain in an increasingly dynamic world.”
Sundaram-Clayton opens first overseas plant in US
Source: Financial Express
Summary: Sundaram-Clayton (SCL), India’s leading auto component maker and the holding company of TVS Motor Company, on Friday announced the inauguration of its first overseas facility in South Carolina, US, through its subsidiaries.
Sundaram-Clayton to launch its first overseas plant at a cost of Rs 630 cr
Source: The Business Standard
Summary: Sundaram-Clayton Limited (SCL), the holding company of TVS Motor, inaugurated its first overseas facility the United States, through its subsidiaries. The company plans to serve its customers in North America, its biggest export market. It has invested Rs 630 crore in the plant. This expansion will establish SCL as a global player from India. The operations will commence by September 2019, said the company.
Sundaram-Clayton sets up U.S. unit
Source: The Hindu
Summary: The setting up of a unit in the U.S. will significantly enhance the ability of SCL to serve its customers in North America, its biggest export market. Significantly enough, the oversea foray will also help establish SCL as a global player from India. The facility, which has already been inaugurated, will go commercial by September.
Sundaram Clayton pumps ₹630 crore into US
Source: The Times of India
Summary: CHENNAI: Sundaram Clayton (SCL) has inaugurated its first overseas facility in South Carolina, US, at a cost of Rs 630 crore ($90 million). The investment, made through its subsidiaries, is expected to “significantly enhance its ability to serve its customers in North America, the biggest export market,” the company said. “This expansion will establish SCL as a global player from India.” The operations will commence by September 2019. The US market currently represents about 60% of the company’s exports and 40% of its revenues.
Sundaram-Clayton’s US auto-parts unit starts ops
Source: The Times of India
Summary: Sundaram-Clayton, a TVS Group company, on Friday said its first overseas auto-component manufacturing facility in the United States has commenced operations. The facility, set up at a project cost of ₹630 crore, would make Sundaram-Clayton Ltd (SCL) a global player. It would produce 1,000 tonnes of castings in the first year which could be scaled up to 10,000 tonnes in five years. SCL would manufacture a range of high-pressure die-cast and gravity die-cast parts at the unit.
