Area Development
PyroTec Inc., a company that recovers component materials from waste, is investing $10 million to establish its domestic and global corporate headquarters in Charleston, South Carolina, initially creating 75 new jobs.

PyroTec recovers and sells component materials from waste and other feedstock. In an example of one of its products, the firm uses a patented process to extract oil, carbon black, syngas and steel from scrap tires. It then selling those components as commodities, the South Carolina Department of Commerce said.

The company meets 2012 EPA regulations, as well as California Clean Air requirements, the SCDC reported. Scrap tires are not the only feedstock PyroTec can use. Other items such as plastic bottles, textiles, lumber, garbage, oil sands and tar pits could also become feedstock for the company's operations.

"We are pleased to move forward with setting up our new operations in the Charleston area. South Carolina gives us an excellent business environment, and we look forward to growing our business here. We appreciate the support we've received from state and local officials," said John Burns, CEO of PyroTec.

"We celebrate PyroTec's decision to establish its new headquarters in South Carolina, and invest $10 million and create 75 new jobs in Charleston. Announcements like this show that we are on the right track with regards to economic development," said Gov. Nikki Haley.

PyroTec will locate its corporate headquarters in Freshfields Village, in the Charleston, South Carolina, Atlantic coastal suburb of Johns Island. Additional announcements on future factory locations are expected in the coming weeks, the South Carolina Department of Commerce said. The company will initially focus on extracting oil and other raw materials from plastics and tires.

"We congratulate PyroTec on their corporate relocation to the Kiawah Island area," said Charleston County Council Chairman Teddie Pryor. "This high-tech company will create a lot of excitement with their recycling technology and their business plans for the area. The company's efforts to find more and better ways to reclaim and recycle materials and create energy are nicely in sync with the similar goals of Charleston County's long-standing solid waste, recycling and conservation initiatives."

"We are excited to welcome PyroTec to the Charleston region," said R.M. Singletary, Charleston Regional Development Alliance Board chairman. "The Port of Charleston, our community's distinctive quality of life, and our ready supply of highly-skilled workers were critical factors in PyroTec's decision to locate its headquarters here. The company will be an invaluable asset to our region."