Colgate-Palmolive Company Invests $196 Million To Locate Manufacturing Facility In Hodges, South Carolina
Area Development Online News Desk (10/07/2013)
Colgate-Palmolive Company is investing $196 million to establish a new production facility in an existing 525,000 square foot building in Greenwood County, South Carolina. The plant, which expected to begin operations next year, will generate 300 new jobs.
The new facility, located at 5421 U.S. Hwy 25 North, in Hodges, South Carolina, will be the first plant for Colgate-Palmolive in South Carolina, and represents the single largest first-phase investment in Greenwood County’s history.
At the new facility, the company will produce liquid hand soap for its Softsoap brand for the North American market as well as deodorant for its Mennen Speed Stick brand for both domestic and global markets. The state’s workforce, infrastructure, proximity to markets and access to the state’s seaport facilities were all key factors in the decision.
“We’re pleased with the opportunity to locate our new operations in South Carolina,” said Mike Corbo, Vice President, Global Supply Chain, for Colgate-Palmolive. “Greenwood County had a building that was a perfect fit for our needs, offers us a talented workforce and excellent market access. We appreciate all the support we’ve received from the state Department of Commerce and the South Carolina Coordinating Council for Economic Development, as well the Greenwood Partnership Alliance and Greenwood County.”
“Colgate Palmolive is a household name and world-class business, and we are proud to have them join South Carolina’s business community,” said Gov. Nikki Haley. “We celebrate their decision to invest $196 million and create 300 new jobs in Greenwood County.” The Coordinating Council for Economic Development approved a Governor's Closing Fund grant and job development credits.
“Today’s announcement is an exciting win for Greenwood County and a testament to our pro-business climate, skilled workforce and low cost of doing business,” said Mark Allison, chairman of Greenwood County Council.
“We welcome Colgate-Palmolive to our community and look forward to having them involved in Greenwood County,” said Dan Martins, chairman of the Greenwood Partnership Alliance. “This announcement shows how critical existing buildings and qualified sites are in a community. Without a suitable existing building the company would not have been able to be operational in the time needed to start production.”