WELDING COMPANY SHUTTERING FLORENCE FACILITY …
|| By FITSNEWS || ESAB Welding and Cutting – a Swedish company whose Palmetto State expansion was praised less than four years ago by governor Nikki Haley – is shutting down its much ballyhooed Florence, S.C. facility.
Three hundred jobs will be lost as a result of the decision, as the company announced plans to move the positions to Mexico and Texas.
A year ago we reported on ESAB’s decision to cut 65 positions – jobs which were also relocated to Mexico and Texas. Now the facility is being completely shuttered – with only a handful of South Carolina jobs (no more than sixty, we’re told) remaining in the area.
“It’s incredibly prideful for South Carolina,” Haley said of ESAB’s big jobs announcement in August 2011.
Flanked by S.C. Senator Hugh Leatherman, former lieutenant governor Ken Ard , and a host of other elected officials, Haley said “what we are seeing in ESAB is a great sense of pride in the fact that they chose Florence.”
Company officials told the governor “our intent is to stay in Florence, to grow in Florence, to stay in South Carolina.”
Apparently not …
It’s not immediately clear how much tax money ESAB received to open its new Florence facility four year ago … but once again we’ve got another prime example of government picking a “loser” in the marketplace with your money.