Maverick Equipment Manufacturing Inc. Announces New Facility in Dorchester County

Columbia, South Carolina

August 18, 2010 – The South Carolina
Department of Commerce
and Dorchester County today announced that Maverick
Equipment Manufacturing
Inc., a maker of hydraulic
hammers and components, will locate its new facility in Dorchester County.
The $1.5 million
investment is expected
to generate 71 new jobs over the next five years
for South Carolina.

"We are excited
about this new facility and look forward to starting operations at our new manufacturing facility.
Dorchester County offers
us an excellent business environment and exceptional market access. We appreciate
all the support we have received
from state and local officials. The state of South Carolina
and Dorchester County have provided unparalleled assistance and resources, which ultimately influenced our decision
to locate here," said Sean Raimbeault, president of Maverick
Equipment Manufacturing.

Maverick Equipment
Manufacturing will locate its hydraulic hammers and parts operation in Dorchester
County, at 2745 West Fifth North Street
in Summerville. The company’s sales office has already relocated to the
new facility and is servicing clients.

"Today’s announcement offers
further indication that Dorchester County
and the state have laid the groundwork necessary to attract high-tech manufacturers. By focusing on the fundamentals
necessary for businesses to be successful, such as low taxes
and low regulatory burdens, we have created
an environment that is working to attract new investment and jobs. By continuing this commitment to further strengthen our
business-friendly climate,
the state will be well positioned for future growth. We congratulate Maverick Equipment Manufacturing on its investment
and wish the company
much success in its endeavors
here," said Joe Taylor,
Secretary of Commerce.

"We are excited
to be announcing Maverick’s decision to locate in our community and this announcement is an
affirmation of the efforts and investment we are making
to attract businesses and jobs to Dorchester County," said Dorchester County
Council Chairman Jamie Feltner.

The company will begin hiring
for the positions in late September. Anyone interested in job opportunities
with the company should
contact Ophelia
Wilson at

Maverick Equipment Manufacturing Inc. is a producer of hydraulic hammers
and components. For more information about the company, please visit

About S.C.
Department of Commerce

The S.C. Department
of Commerce works closely with
economic development professionals throughout
the state to recruit new jobs
and investments and help existing businesses
grow. Commerce has been recognized
for its success in the areas
of job creation and economic impact by Area Development and Business Facilities magazines.
The S.C. Department of Commerce was
one of 10 state economic development organizations to receive
Area Development’s Silver Shovel Award in 2009 and Commerce
received the 2009 Deal
of the Year award from
Business Facilities magazine. Southern Business & Development also
awarded the S.C. Department
of Commerce the "Deal of the
for the 2010

SB&D 100. Commerce received the recognitions for
Boeing’s selection of North Charleston
for the company’s
second final assembly plant to support the 787 Dreamliner program. In addition to job and investment recruitment, the agency
provides a range
of business support services
and offers grants for community development and infrastructure improvements.
For more information, visit