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Posted on: January 6, 2017

Upstate Business Journal: Holroyd Precision Rotors opens first U.S. plant in Spartanburg


By Trevor Anderson, Upstate Business Journal

Spartanburg County added another company to its roll of international businesses on Friday. British manufacturer Holroyd Precision Rotors officially opened its new 35,000-square-foot facility at 130 Corporate Drive within the Corporate Center business park. PTG’s CEO Tony Bannan, said the Spartanburg facility is the company’s first manufacturing operation in the U.S. It represents a $15 million investment and is expected to initially create up to 25 jobs, he said.

“It has been an ambition of ours to (build a manufacturing plant in the U.S.),” Bannan said. “It’s very satisfying. The key for us is to be responsive to our customer base. We’re hoping that by being local and hiring a talented workforce we will be able to achieve success… We’re very pleased with the support we’ve received from state and local leaders.”

Colin Carr, managing director of Holroyd Precision Rotors, said growth in demand for the company’s components in the U.S. helped drive the company’s decision to bring a plant in Spartanburg. He said the plant will specialize in the production of high-precision rotors that are used in a variety of applications, including refrigeration, industrial air compressors and others. Carr said that as the company’s business in the U.S. and beyond continues to grow, the Spartanburg plant could also expand.

“I am very pleased that Holroyd has decided to put its first U.S. facility in Spartanburg County,” said Spartanburg County Councilman David Britt. “It just continues the momentum we’ve seen of international companies choosing to come to Spartanburg. We like to say that ‘we’re the world doing business right here in Spartanburg County.’ I thank Pete Weisman for having the wisdom and confidence to build Corporate Center. It continues to be an asset to the community.”

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