Southwire Company to invest $10 million in Crestview facility
CRESTVIEW — By 2025, Southwire Company LLC plans to invest $10 million into its recently acquired manufacturing facility next to Bob Sikes Airport, an expansion and modernization that’s expected to lead to many more jobs.
Carrollton, Georgia-based Southwire, one of North America’s largest wire and cable producers, purchased the facility formerly known as American Elite Molding in November.
The facility “is one of America’s leading manufacturers of nylon cable ties, amplifying (Southwire’s) strategic initiative to grow its Tools, Components & Assembled Solutions business,” according to company officials.
Throughout this year, Southwire plans to spend $4 million by focusing on purchasing additional equipment and tooling, and between 2022 and 2025, the remaining $6 million will focus on more machines, new systems, safety programs and more, according to the company.
"The modernization investment will create 157 total jobs, and we are looking to add 20 new jobs this year," Southwire spokeswoman Paige Bird said. "We currently have 132 employees at the Crestview facility. This is a recent acquisition, and we are currently conducting a full wage analysis on the facility as a whole. Moving forward, we plan to be an employer of choice in the community with competitive wages, excellent benefit offerings, opportunities for advancement and serve as a great community partner."
“By investing in Southwire’s newest acquired business, our organization is showing its dedication to growth for manufacturing in the United States, including the local Crestview community,” Brandon Moss, president of Tools, Components & Assembled Solutions for Southwire, said in a news release. “This large modernization effort will continue Southwire’s strategy to remain generationally sustainable for the next 100 years and beyond.”
Okaloosa County District 1 Commissioner Paul Mixon, whose district includes Bob Sikes Airport, said it is exciting to see businesses such as Southwire grow in north Okaloosa County.
“The potential job force is so great” in the area, he said.
Nathan Sparks, executive director of the nonprofit One Okaloosa Economic Development Council, could not be reached for comment about Southwire’s impact on the local economy.
To apply for Southwire positions in Crestview, visit careers.southwire.com.