Bondex Inc. is expanding in Edgefield County, S.C., spending more than $6 million in an effort that should add 13 jobs.
Bondex is adding a new product line at its plant in Trenton, which will allow it to make industrial laminates and composites for the electrical and electronic markets.
The company will add 33,000 square feet to the facility, doubling the plant’s size.
The expansion should be complete at the end of the fourth quarter, with production starting in January.
“Over the past few years Edgefield County Council has been working on strategic areas that would make the county competitive in the world marketplace,” said Edgefield County Council Chairman Dean Campbell. “Existing industries was one of those initiatives, and we appreciate Bondex, one of our existing industries, continuing to grow and provide employment opportunities in Edgefield County.”
Bondex has operated in Trenton since 1997. The company will begin hiring for the new positions in November.
Graham plans stop in North Augusta
The city of North Augusta and the Greater North Augusta Chamber of Commerce will play host to U.S. Sen. Lindsey Graham on Monday.
Graham will present a legislative update and have a question-and-answer session.
The meeting will take place at 3 p.m. in the council chambers of the North Augusta Municipal Center, 100 Georgia Ave.
The event is open to chamber members only.
Survey finds fewer CEOs plan to hire
WASHINGTON — A survey of U.S. chief executives shows a sharp drop in the number of large companies that plan to add jobs or hire more workers.
The Business Roundtable said Wednesday that only 29 percent of its member CEOs plan to increase hiring over the next six months. That’s down from 36 percent in June, when the group last released its quarterly survey. It’s also much lower than the 52 percent of CEOs in early 2011 who said they planned to boost hiring, the highest percentage since the survey began in 2002.
Jim McNerney, the chairman of the Roundtable and the CEO of The Boeing Co., said CEOs are worried about the impact of budget cuts and tax increases that are set to take effect at the start of next year.
– From staff and wire reports