LAB Medical Manufacturing, Inc. launching operations in Charleston County

COLUMBIA, S.C. – LAB Medical Manufacturing, Inc., a leading manufacturer of precision medical devices and components, today announced plans to open a new product division in Charleston County. The company is bringing approximately $5 million in capital investment and creating more than 30 jobs over the next five years.

Headquartered in Billerica, Mass., LAB Medical Manufacturing, Inc. has been making medical instruments for more than 30 years. Whether it’s surgical tools, spinal implants, sports medicine applications or orthopedic reconstruction, LAB Medical Manufacturing, Inc. is committed to staying on the cutting edge of the latest technologies.

LAB Medical Manufacturing, Inc. will be located at 1750 Signal Point Road, Unit 3 in the James Island Business Park. The company is installing machinery and equipment necessary to start production and is slated to begin operations by September 1, 2019.

For more information on employment opportunities, visit http://labmedical.com/careers/.

QUOTES

“LAB Medical Manufacturing, Inc. is experiencing rapid growth and is thrilled to be launching operations in Charleston, S.C. We are impressed with the skilled workforce and look forward to creating new jobs and bringing investment to the area.” – LAB Medical Manufacturing, Inc. President Leon Bester

“We are proud to welcome LAB Medical Manufacturing, Inc. to South Carolina. The Palmetto State’s pro-business environment and skilled workforce make it a perfect fit for the company. Congratulations on this exciting announcement, and we look forward to what the future has in store for LAB Medical Manufacturing, Inc.” –Gov. Henry McMaster

“We continue to see manufacturers launching new operations across the state and are pleased to welcome LAB Medical Manufacturing, Inc. to the business community. I look forward to supporting the company as they establish and grow operations in our state.” –Secretary of Commerce Bobby Hitt

“LAB Medical Manufacturing, Inc.’s announcement shows the community’s commitment and ability to compete in the life sciences sector and tap into this talent pipeline. Charleston County will look forward to partnering with LAB Medical Manufacturing, Inc. well into the future.” –Charleston County Council Chairman Elliott Summey

“The city of Charleston is happy to welcome LAB Medical Manufacturing, Inc. As a leader in medical instruments manufacturing, they will be a great addition to our strong and growing life sciences sector.” –Charleston Mayor John J. Tecklenburg

“LAB Medical Manufacturing, Inc.’s decision to locate here is a testament to the Charleston region’s ability to attract global medical device companies. We offer the talent they need to succeed, an environment supportive of innovation and a ready in-state customer base. We look forward to their continued success.”  – Charleston Regional Development Alliance Chairman Robert Pratt

FIVE FAST FACTS

• LAB Medical Manufacturing, Inc. is launching a new manufacturing facility in Charleston, S.C.
• $5 million investment to create more than 30 jobs.
• The company has been making medical products for more than 30 years.
• Lab Medical Manufacturing, Inc. is one of the fastest growing medical device manufacturers.
• Located at 1750 Signal Point Road, Unit 3 in the James Island Business Park, and operations are slated to begin by September 1, 2019.

About S.C. Department of Commerce

As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. S.C. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. S.C. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, the Palmetto State ranked No. 1 in the nation for attracting jobs through foreign investment on a per capita basis in 2018 — extending its streak of top three finishes since 2011. Additionally, in five of seven years, the state has won the Gold Shovel Award from Area Development magazine; and, in 2017, the state was recognized as Business Facilities’ State of the Year. For more information, visit www.SCcommerce.com.

MEDIA CONTACT:

Alex Clark, CMP
Director of Marketing & Communications
South Carolina Department of Commerce
(803) 737-1998
[email protected]
www.SCcommerce.com