# Kobelco Construction Machinery to expand US plant with ¥4 billion investment

Kobe Steel's subsidiary Kobelco Construction Machinery will invest approximately ¥4 billion to expand its hydraulic excavator factory in South Carolina, USA, and increase staff to 150 by 2020.

- Type: Expansion
- Announced: 2017-03-10
- Where: Spartanburg, South Carolina, United States
- Value: $35.0M (4.00B JPY)
- Jobs: 150
- Starts operating: 2020
- Status: announced
- Products: hydraulic excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kobe Steel](https://endata.com/companies/6583.md)
- [Kobelco Construction Machinery Co., Ltd.](https://endata.com/companies/18444.md)

## Sources

- [nikkei.com](https://www.nikkei.com/article/DGXLZO13900220Z00C17A3TJC000/), 2017-03-09: "米国の建機市場はトランプ政権発足以降、石油・ガス産業向けの建設需要が拡大している。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
