T&A Consulting facilitates USD 23 million investment for STL’s new facility that will create 120 jobs

Posted: July 2021

Founded in 1988, STL provides integrated 5G-ready end-to-end solutions for clients around the world. Specializing in optical interconnect, virtualized access solutions, network software and system integration, STL delivers solutions for customers’ current and future digital network needs.

 

Sterlite undertook an extensive search and comparative study amongst six different states and various counties, eventually shortlisting South Carolina for its first industrial operations in North America.

 

Located at Heritage Pointe Industrial Park in Lugoff, STL’s new facility will increase the company’s capacity to meet the growing demand for high-speed internet connectivity, broadband access and 5G technologies. The expansion plan includes a USD 23 million investment, creating 120 new jobs over the next few years.

 

T&A Consulting has worked closely on this project and provided the necessary support, including making introductions with the head office, detailed follow up with the prospective investor and sales & negotiation support for final settlement.