Autonomous vehicle company locates at SCTAC.

• Position: Argo AI, South Carolina Technology and Aviation Center

Argo AI, a German autonomy products and services company, will invest $2.6 million in a test facility in Greenville County.

The investment will create 40 jobs once operations launch, slated for later this year, according to an announcement.

Founded in 2016, Argo AI develops self-driving technology products and services. With operations across the United States and Europe, Argo works with automakers to integrate the Argo Autonomy Platform into vehicles to operate autonomous ridesharing and goods delivery services.

"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 and cofounder Peter Rander said in a news release. "We look forward to bringing our highway-speed closed-course testing to Greenville County."

Argo will establish a closed-course track in the S.C. Technology and Aviation Center for the development and testing of its self-driving vehicle technology using the International Transportation Innovation Center, an automotive testbed built at SCTAC.

"In 2009, SCTAC embarked on a visionary plan to redevelop a 600-acre vacant runway property into the International Transportation Innovation Center, a world-class automotive testbed designed to support South Carolina's automotive economy," Jody Bryson, president and CEO of SCTAC, said...