Ålö, a supplier in the agricultural machinery industry, is investing $6 million in a new Greenville County operation that will create 44 new jobs over the next five years, according to the S.C. Department of Commerce.
“Following an extensive evaluation, Ålö selected Greenville County, S.C. as the ideal location for our company to further strengthen service to our customers and reinforce our commitment to the North American market. We look forward to becoming part of the thriving business community in Greenville County,” Niklas Astrom, Ålö Group CEO, said in a news release.
Ålö’s Greenville County operation will include the distribution of farming equipment manufactured by the company at multiple global locations. Distribution will be mainly for the U.S. market. Operations will also include steel fabrication of made-to-order mounting kits for the agricultural equipment, as well as assembly of products and hydraulic kits. The fabrication itself will incorporate plasma cutting, machining, forming and welding, the release said.
New operations are projected to come online in October. The Coordinating Council for Economic Development approved job development credits related to the project.
Relocation of Telford, Tenn. Operation
Ålö Tennessee USA announced today that it is permanently closing its Telford site at the end of this year and will be relocating the operation to a new, state-of-the-art facility to be located in the southeastern U.S. The specific new site location is expected to be announced within the next 60 days.
“After looking at many options, it was determined that a new site location with a footprint that is more aligned with Ålö’s business levels would be the best match for our Company and its stakeholders,” said Martin Philipson, Managing Director of Ålö North America.
“This move reflects Ålö’s ongoing commitment to the North American market and our customer base,” Philipson further said.
A comprehensive employment transition plan has been developed and is being implemented to assist the affected members of the Telford operation with career continuation options. Telford employees may request to be considered for employment at the new facility and career transition benefits are available to those employees who choose to remain in the local area.