TorqTek Design and Manufacturing, LLC, a supplier of timing gears to automotive manufacturers, is expanding its North Charleston facility. The $12 million investment is expected to create 50 new jobs.
Founded in 1995 as a joint venture of GETRAG Gears of North America and Cummins Inc., the company was renamed TorqTek in January 2012 as part of a management buyout. The company is currently expanding to meet motorbike contract demands for industry leaders Harley Davidson and BMW. After exploring options in neighboring states, TorqTek chose to expand its facility in North Charleston for proximate access to its existing and prospective customer base.
Governor Nikki Haley said, ""TorqTek's decision to expand in North Charleston further strengthens their longstanding commitment to South Carolina as part of our vibrant automotive industry. We applaud their $12 million investment and the creation of 50 new jobs in Charleston County."
TorqTek currently produces primarily timing gears for the automotive market but has been currently awarded with contracts for transmission components and complete transmission assemblies.
At launch, the new operations will be housed in approximately 100,000 square feet located at 4500 Leeds Avenue in North Charleston with no additional space required. TorqTek employs approximately 138 workers and anticipates hiring 50 associates in the coming months.