IPSUM Technologies, a high-tech, advanced manufacturing company serving a variety of industries, plans to launch new production operations in Pickens County, South Carolina. The company's $19.2 million investment is projected to create approximately 55 new jobs.
Located at 764 Cartee Road in Liberty, South Carolina, the company will be moving into an existing facility at the Pickens County Commerce Park.
The Coordinating Council for Economic Development has approved job development credits related to this project. A $500,000 Set Aside grant was also awarded to Pickens County to assist with costs associated with the project.
"IPSUM is privileged to call South Carolina and Pickens County home for its first advanced manufacturing facility. We believe the state and the county provide us with the right environment, a skilled workforce and the mindset, all the ingredients required for success. We would like to thank the state and Pickens County leadership for their support,” IPSUM Technologies Co-Chairman & President C. Ashley Heaton said.
"IPSUM is elated at the announcement of its first advanced manufacturing facility and we are grateful to the state and county leadership for supporting IPSUM in making Pickens County and South Carolina home for the facility," said IPSUM Technologies Co-Chairman R.J. Singh.
"We're proud to welcome IPSUM Technologies to the South Carolina business community. With an available workforce that is second to none and one of the most competitive business environments in the world, we know that IPSUM Technologies will have all the tools necessary for success here,” said Governor Henry McMaster.
"With this announcement, IPSUM Technologies will be joining an impressive roster of advanced manufacturing companies that have decided to do business in the Upstate, and I look forward to watching them succeed there for many years to come,” said Secretary of Commerce Bobby Hitt.
"It is exciting news when two leaders in the manufacturing industry have the vision to combine factors and call Pickens County home. IPSUM Technologies adds an extraordinary dimension to our community as they join the other world-class companies that are a part of the Pickens County family. We look forward to the many celebrations of their continued success,” Pickens County Council Chairman Roy Costner said.