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Japan-Based Teijin Ltd. Plans Manufacturing Facility In Greenwood, South Carolina

11/04/2016
Teijin Ltd., a Japan-based chemical, pharmaceutical and information technology company, will be constructing a state-of-the-art manufacturing facility on Highway 246 in Greenwood, South Carolina.

Founded in 1918, Teijin is a technology-driven global group offering advanced solutions in the areas of sustainable transportation; information and electronics; safety and protection; environment and energy; and healthcare. The company’s main fields of operation include high-performance fibers.

Creating 220 new jobs, the project is expected to bring $600 million in new capital investment to Greenwood County – the largest initial capital investment by a company in the county’s history. The company will be constructing a carbon fiber manufacturing facility to supply the automotive, aerospace and industrial markets. With a very high strength-to-weight ratio, carbon fiber is an environmentally-friendly solution for the advanced manufacturing industry.

“After an extensive site selection process that included six states, Teijin selected Greenwood, S.C. because of its pro-business atmosphere and proactive support from Governor Haley and her team, as well as local government officials. We were also attracted to the diversity of Greenwood’s citizens, the community’s rich history of welcoming foreign investment and the excellent training opportunities available at Piedmont Technical College. We plan to invest in resources to develop new and innovative products to meet the increasing demands of the global carbon fiber market,” Teijin Director of Government Relations Wayne Trotter.

“When a company invests $600 million in our state and our people, it shows a real commitment to working on a lasting partnership, and we couldn’t be more grateful for the commitment Teijin has shown today. We’re excited to welcome the newest member of the South Carolina family to its new home and look forward to seeing the tremendous impact these 220 new jobs will have in Greenwood County and across the state,” said Governor Nikki Haley.

“Today’s announcement represents the largest initial capital investment by a company in our county’s history. We attribute this success to our local leadership, our highly-skilled workforce and our pro-business atmosphere that we strive to create. We welcome Teijin to Greenwood and will work hard to make sure their industry is a success for years to come,” Chairman of Greenwood County Council Steve Brown explained.

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