A Florida-based laser technology manufacturer has announced plans to move its corporate headquarters to Greenville.
Erchonia Corp. will invest $6.7 million in the new project, which is expected to create 51 new jobs, according to a news release.
“We are looking forward to the completion of our state-of-the-art facility that is being built to our exact specifications,” Steven Shanks, Erchonia’s president, said in the release. “As the location of Erchonia’s new corporate headquarters, Greenville County is centrally located and is ideal for the company’s planned growth and expansion as a world leader in low-level laser technology.”
Erchonia is relocating its corporate headquarters from Melbourne, Fla. to Greenville County, marking the company’s first South Carolina operations. The company will construct a custom facility in Greenville’s South Chase Industrial Park. Operations are expected to be online by October 2023.
Founded in 1996 Erchonia specializes in low-level laser technology, which uses low-level lasers at specific wavelengths to provide powerful therapeutic effects at the cellular level.
Utilizing this technology, the company produces safe, effective products designed for physicians worldwide, including but not limited to chiropractors, physical therapists, physicians, podiatrists, health clinics and veterinarians.
“As a booming center of life sciences growth, Greenville County is honored when an industry leader like Erchonia chooses to expand here,” said Greenville County Council Chairman Dan Tripp, who also serves on the board of the Greenville Area Development Corp. “The company’s well-earned leadership in low-level laser technology and its passion for being good corporate citizens where they operate fit well in Greenville County.”
Erchonia’s relocation to South Carolina is the latest development in the state’s booming life sciences industry, which has been the fastest-growing industry in the state since 2017, according to the release. The sector has more than $25 billion in annual economic impact in South Carolina and employs more than 87,000 people statewide, according to statistics from the S.C. Department of Commerce.
The Coordinating Council for Economic Development approved job development credits related to the project.
Individuals interested in joining the Erchonia team should visit the company’s contact page.