Area Development
Ashland Inc., a Fortune 500 chemical company, will invest more than $12.5 million to expand its manufacturing facility in Piedmont, South Carolina, according to Greenville County economic development officials. "This plan will markedly improve our new manufacturing facility in Greenville County," says Dave Drummond, director of global operations for Ashland Performance Materials. "The expansions and improvements here will extend our capabilities and capacity to serve the packaging and converting industry, and provide a highly desirable complement to our adhesives and coatings platform." The Piedmont facility supports the pressure-sensitive adhesives operations of Ashland Performance Materials, a division of the Kentucky-headquartered parent company. Officials did not release information about financial incentives.