GESCRAP, a Spain-based multinational corporation engaged in metal recycling and other auxiliary services for the manufacturing industry, invested $6.3 million to establish operations at 1723 Jonesville Highway in Union, South Carolina.
Founded in 1994 and headquartered in Spain, GESCRAP strives to be a leader in the complete and sustainable recovery of waste materials. To establish its first facility in the Southeastern United States, GESCRAP constructed its Union County facility to house its GES Recycling operations.
“This is an exciting project, and South Carolina has offered the perfect gateway to land our business model into the U.S. We are confident that this will be a success story from the very beginning, and we thank South Carolina State Government, all the Upstate institutions involved and, in particular, Union County officials for its dedicated support and assistance in getting our operations up and running in a record time,” CEO of GESCRAP Iñaki Velasco said.
“Team South Carolina has worked hard to build a reputation for our state as one of the best places in the world to do business, and to have an international company like GESCRAP choose to establish operations here is a major testament to those efforts. We’re excited to welcome GESCRAP to the South Carolina family and look forward to watching them grow and succeed here for many years to come, Governor Nikki Haley said.
“South Carolina’s robust recycling industry has an annual economic impact of more than $13 billion on our economy, and, today, we celebrate the latest addition to that thriving sector. I offer my congratulations to GES Recycling and look forward to watching them succeed here for many years to come,” Secretary of Commerce Bobby Hitt added.