Advanced polymer extrusion, material science and tubing company Zeus plans to spend $75 million on an expansion of its Calhoun County, S.C., operations — with plans to add 350 jobs in coming years.

The expansion will take place about 2 miles from Zeus’ existing Gaston, S.C. facility, the Orangeburg, S.C.–based company announced Feb. 2. When finished next year, it will add 148,000 square feet of manufacturing space to Zeus’ operations. Zeus plans to start hiring early this year.

Both state and local government funds are going to the project. South Carolina’s Coordinating Council for Economic Development approved job development credits related to this project, and the state provided a $1 million Rural Infrastructure Fund grant to Calhoun County to assist with site preparation and building construction.

“We have been pleased with all of the local and state support that we have received since commencing our Gaston operations back in 1996. We remain committed to being a good citizen of the county, meeting and exceeding the needs of our customers and, most importantly, providing quality careers for all of our employees in an atmosphere that will allow them to flourish,” Zeus Industrial Products CEO John Winarchick said in a news release.

Zeus’ number of employees is already in the 1,001 to 5,000 range, according to its LinkedIn profile. The privately held company has experience serving customers in medicine, aerospace, energy exploration, automotive, fiber optics and more.