IMO International Receives CiCi Award for Community Impact in Dorchester County

Summerville, South Carolina

March 17, 2011 - IMO International was among 30 recipients to win the Trade & Industry Development magazine's annual Corporate Investment and Community Impact (CiCi) Awards, and marks the first project in Dorchester County to receive such recognition.

Acceptance in this unprecedented awards program is highly competitive, and awarded to industries with a significant focus in either corporate investment or community impact.  Ranking in the top 15 for community impact, the IMO Group was selected for their first US plant in Dorchester County, bringing $47 million in investment, along with the creation of 190 new jobs.

"We are pleased to acknowledge the efforts by both local and state leaders in bringing IMO International, a manufacturer of slew drives, to Dorchester County," said Gavin T. Petty, managing editor of Trade & Industry Development. "This project is noteworthy not only because of the 190 jobs to be created, but also because one of the critical factors involved in the decision to locate in Dorchester was the proximity to Clemson University's Wind Turbine Drive Train Testing facility being built in Charleston.  Add to that the fact that this is the largest manufacturer to locate in Dorchester in nearly a decade, and that it represents a solid foothold in the growing alternative energy sector, and it becomes obvious that this project will enhance Dorchester County's future."

"Dorchester County is excited to share in IMO’s success as the first CiCi Award recipient for the County," said Chairman Larry Hargett of Dorchester County Council. "This award is evidence of IMO’s bright and successful future within Dorchester County."

In its sixth year, Trade & Industry Development magazine, through the CiCi Awards, provides an opportunity to showcase projects nationally in an effort to recognize smart, site selection decisions. Companies receiving CiCi Award recognition are based on the investment within the community, as well as the role played by the economic developers in securing that investment.

About IMO International

In 1988, the IMO Group was founded in Gremsdorf, south of Germany. With more than 20 years experience, IMO supports the production of slewing rings and self-contained slew drives, in addition to providing solutions in the machine and plant manufacturing sector to complete the range.  IMO, family-owned and managed by its proprietor, achieved "Bavaria's Top 50" award by the Ministry of Economy, and has been recognized multiple times as one of the 500 fastest growing companies in Europe ("Europe's 500 - Champion of Growth"). Currently more than 1,000 employees work for IMO, and in 2008, IMO achieved a turnover of approximately 200 million Euro.