Growth: Southeast News

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July 23  2021

 

 

The future Brunswick County headquarters of Precision Swiss Products Inc. will locate in the new spec building under construction in the International Logistics Park. (File photo)

Precision Swiss Products Inc. is expected to bring 125 new jobs with the future location of its headquarters in Brunswick County, Gov. Roy Cooper announced Tuesday.

The California-based company will invest more than $9.3 million to locate its headquarters and manufacturing facility to the International Logistics Park shared by Brunswick and Columbus counties, officials said in the release.

Precision Swiss Products (PSP) is slated to bring operations into the first speculative building now under construction in the industrial park, said Bill Early, executive director of local economic development organization Brunswick Business and Industry Development (Brunswick BID).

The spec building, estimated to cost about $8.5 million, is a 150,000-square-foot facility in development by Cameron Management and affiliated ownership.

The development team is working with PSP to meet the needs of its new headquarters and manufacturing operation, which will take up about 60,000 square feet of the 150,000 speculative space, Early said.

PSP is a major producer of small, high-precision parts for the aerospace, medical device and semiconductor industries, officials said in the release.

“We are excited to be moving our headquarters and significantly expanding our manufacturing footprint in North Carolina,” Norbert Kozar, CEO of Precision Swiss Products, said in the release. “We look forward to a long and mutually beneficial partnership with the State of North Carolina and Brunswick County working together to create these highly skilled jobs and look forward to working with the local colleges in providing training for future jobs as we grow our business.”

While the company is bringing its base and manufacturing to southeastern, North Carolina, Early said the company plans to keep some of its operations in California.


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