SteelFab expands Florence County operations

What this means

A factual summary is pending editorial review. The complete official release is reproduced below with issuer attribution and a direct link to the original publication.

Official release

Source material from South Carolina Department of Commerce. The wording below is the issuer’s statement.

Expansions

SteelFab expands Florence County operations

Thursday, July 16, 2026

$38.92 million investment will create 108 new jobs

COLUMBIA, S.C. — SteelFab, Inc. (SteelFab), a leader in the steel fabrication industry, today announced it is expanding its operations in Florence County. The company’s $38.92 million investment will create 108 new jobs.

Founded in 1955, SteelFab opened its first South Carolina fabrication plant in 1988. The company has 35 locations across the United States, including office and manufacturing facilities in Charleston, Florence and Rock Hill.

SteelFab’s new facility, located at 500 Freedom Blvd. in Florence, will produce fabricated steel parts for U.S. naval defense purposes.

Operations are expected to be online in September 2027. Individuals interested in joining the SteelFab team should apply in person at the company’s existing Florence facility (1220 Steel Road) or visit its careers page.

The Coordinating Council for Economic Development approved job development credits related to the project. The council also awarded a $300,000 Set-Aside grant to Florence County to assist with the costs of site preparation and building construction.

“This investment represents SteelFab, Inc.'s largest capital expansion at its Florence facility since opening in 1988. For nearly four decades, we have been proud to call Florence home — a community that has supported our growth and success every step of the way. This $38.92 million investment, which includes new construction and facility enhancements, will create 108 new jobs while strengthening America's defense industrial base and reinforcing the critical supply chain that supports our nation's security.”

-SteelFab, Inc. COO Rob Rutherford

“With the addition of 108 new jobs, SteelFab’s expansion in South Carolina demonstrates the strength of our state’s manufacturing capabilities. We look forward to the company’s continued success in Florence County as South Carolina continues to reinforce the United States’ national security and defense industries.”

-Gov. Henry McMaster

“We are proud to support SteelFab as it expands its manufacturing operations in Florence County. The company’s $38.92 million investment in the Pee Dee region is a win for one of South Carolina’s most impactful economic sectors.”

-Secretary of Commerce Harry M. Lightsey III

“This project is a win on every level — creating quality jobs, generating new investment and contributing to the America’s defense industrial base. Their commitment to investing in our community speaks volumes about the strength of our workforce and business environment.”

-Florence County Council Chairman Jerry Yarborough

“SteelFab’s commitment to Florence County is a testament to the long-term success businesses can achieve when investing and growing in northeastern South Carolina. Congratulations to SteelFab and Florence County on this exciting expansion creating 108 new jobs and supporting the U.S. defense industry.”

-NESA Executive Committee Chairman Yancey McGill

Fast Facts

SteelFab, Inc. (SteelFab) is expanding its operations in Florence County.

The company’s $38.92 million investment will create 108 new jobs.

SteelFab is a leader in the steel fabrication industry.

The company’s new facility will be located at 500 Freedom Blvd. in Florence, S.C.

Individuals interested in joining the SteelFab team should apply in person at the company’s existing facility in Florence (1220 Steel Road) or visit its careers page.

Advanced Manufacturing

Expansions

Release text attributed to South Carolina Department of Commerce. Consult the official publication for any subsequent corrections or updates.