Argo AI Invests $2.6M in South Carolina Facility
April 18, 2022—Autonomous technology company Argo AI announced last week it will establish a a testing facility in Greenville County, South Carolina.
The facility will include a closed-course track for development and testing of its autonomous vehicles. According to a news release from the office of Gov. Henry McMaster, the company will invest $2.6 million into the facility and will create 40 jobs.
“As Argo AI advances toward commercial operations across the U.S. and Germany, we are developing the Argo Autonomy Platform for safe operations in cities, suburbs and the highways that connect them," Argo AI President Peter Rander said. "We look forward to bringing our highway-speed closed-course testing to Greenville County.”
The facility is expected to begin operation later this year. The state has approved "job development credits related" to the project, though what those credits are were not disclosed in the release.
“Argo AI’s new operation in Greenville County further proves what so many already know – South Carolina is a top destination for companies in the automotive industry," Gov. McMaster said. "Our robust automotive industry continues to thrive, and that means our pro-business strategy is paying dividends.”