The $5.2 million investment is projected to create 31 new jobs.
The company is projected to invest $40 million in the project.
Clayco has served clients in the South Carolina region with nearly $500 million worth of projects completed throughout the state in recent years.
Mount Franklin Nutritionals, a division of Texas-based Mount Franklin Foods LLC, is putting a high-tech spin on candy manufacturing at the Sumter facility. Plans call for taking gummy candies and packing them full of nutrients.
According to grantee estimates, the project is expected to create 86 jobs, and spur more than $16 million in private investment.
Cost is the biggest barrier to using more composite materials in automotive manufacturing but those materials could become more attractive if steel and aluminum prices rise in the wake of new tariffs.
SEHA launched its first production line in January of this year. The first line produces front-load washing machines and the second line produces top-load washing machines.
The $52 million investment is projected to create 200 new jobs.
The acquisition will result in a new capital investment of $20 million.
Rigas said his vision is not just to oversee the daily operations of CU-ICAR but also to work closely with the industry and to listen what they have to say.