Spartanburg, SC, June 9, 2021 – Dillon Swayngim of Colliers | South Carolina represented Swedish-based Frauenthal Gnotec in the lease of ±68,500 square feet of industrial space at 400 S. Nelson Drive in Fountain Inn from Bell Garrett, LLC. The company plans to open a new manufacturing and distribution facility at this location to improve capacity and better serve customers and long-term business partners throughout North America.
Frauenthal Gnotec is a leading international developer and manufacturer of components for the automotive and commercial vehicle industry. With operations in China, Czechia, Germany, Slovakia, Sweden and the U.S., the company employs more than 1,300 people and offers state-of-the-art technology in automatic pressing, welding and assembly. Frauenthal Gnotec clients include leading OEM manufacturers like Volvo Car Corporation, Geely, Jaguar/Land Rover, Volvo Trucks, Scania, Paccar, MAN, Mack Trucks, Autoliv and Joyson.
“The facility at 400 S. Nelson is situated with key frontage right on I-385 from which you can easily connect to the area’s major interstate and port system,” said Colliers Senior Brokerage Associate Dillon Swayngim. “These advantages, combined with the heavy power and fully conditioned status of the building, really contributed to the desirability of this space — providing a great turnkey location for Frauenthal Gnotec to occupy quickly with room to expand and grow in the future.”
“Laurens County continues to be a great place for foreign direct investment, and we would like to welcome Frauenthal Gnotec to our manufacturing community,” said Laurens County Development Corporation President and CEO Jonathan Coleman. “We are committed to the continued growth of our manufacturing and industry base which already makes up over 54% of the County’s wages. We look forward to Frauenthal Gnotec helping us expand those numbers and working with this great company to help them grow in Laurens County.”
The company is expected to take occupancy of the new facility in Q2 2021.
The landlord in this transaction was represented by NAI Earle Furman’s Hunter Garrett and John Staunton.
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