# Schaeffler invests $65M to expand Cheraw facility as Engine Systems Manufacturing Center of Competence

Schaeffler Group USA Inc. announced a $65 million investment to expand its Cheraw, South Carolina facility and establish it as an Engine Systems Manufacturing Center of Competence for North America. The expansion includes new equipment for production of the FRAX bearing component and is expected to be completed by the end of 2020.

- Type: Expansion
- Announced: 2019-09-26
- Where: Cheraw, South Carolina, United States
- Value: $65.0M
- Starts operating: 2020
- Status: announced
- Products: FRAX bearing component, one-way clutch assembly
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schaeffler Group USA](https://endata.com/companies/5597.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/schaeffler-celebrates-50th-anniversary-of-cheraw-sc-facility-investing-65-million-to-optimize-engine-systems-manufacturing-footprint-300926164.html), 2019-09-26: "Earlier this year, Schaeffler announced plans to establish an Engine Systems Manufacturing Competence Center in Cheraw to better optimize its manufacturing footprint."

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