A manufacturer of generic pharmaceuticals, Spirit Pharmaceuticals, will invest $12.2 million to locate its newest facility in Clarendon County, South Carolina, with plans to create 296 new jobs.
The company plans to establish its packaging and manufacturing facility at the former Federal Mogul building located at 9104 Alex Harvin Hwy in Summerton, South Carolina. The plant is expected to be operational in the first quarter of 2014.The company produces a range of generic pharmaceuticals for retailers such as Walgreens, Dollar Tree and CVS.
“It’s an exciting time for our company. We are pleased to move forward with plans for our new facility in Clarendon County. South Carolina offers us an excellent business climate, a talented workforce and the infrastructure we need to be successful. We appreciate all the support we’ve received from state and local officials,” said Ajoy Joshi, CEO of Spirit Pharmaceuticals.
“Spirit Pharmaceuticals’ decision to locate its new operation here in South Carolina is another big win for our state, and one of our rural areas in particular. We celebrate the company’s decision... South Carolina is increasingly becoming the ‘it’ state for business,” said Gov. Nikki Haley. As an incentive, the Coordinating Council for Economic Development approved job development credits.
Central SC Alliance Chairman Jim Apple said the “announcement by Spirit Pharmaceuticals marks a new day in Clarendon County and the Central SC Region pharmaceutical industry recruiting efforts. We welcome these new jobs that are going into an existing manufacturing facility in Summerton. Global companies that are looking to make an initial investment in the U.S. are fast to understand our value proposition. Spirit joins WNS as the second company from India to locate in Central SC in the last year.”
“We welcome Spirit Pharmaceuticals into Clarendon County. This business is significant in several ways. First, it will occupy a landmark building. Most importantly, however, is that Spirit will bring a historical number of jobs and the quality of those jobs is unprecedented. The location of this business has been a team effort and the County Council would like to thank the Clarendon County Development Board and the state of South Carolina for their hard work and diligence,” said Clarendon County Council Chairman Dwight Stewart.