GreenCore Materials Selects Georgetown, South Carolina, for Manufacturing Plant
01/30/2020
According to state officials, using carbon fiber, fiberglass or natural fibers, GreenCore Materials’ patented manufacturing process dramatically improves the stiffness and rigidity of plastic profiles which serve the building, transportation and industrial industries. GreenCore Materials’ new facility will increase the company’s capacity to serve the plastic extrusion industry. Operations are expected to be online by April 2020.
As an incentive, the Coordinating Council for Economic Development has approved job development credits related to this project. A $200,000 Set-Aside grant was also awarded to Georgetown County to assist with costs related to this project.
“Innovation is the key to any long-term success in business. Six years ago, the concept and idea to improve the performance and uses of plastic extruded profiles was born. After receiving two U.S. patents and having more than 50 other U.S. and international patents pending, we are proud to launch our new enterprise in the city of Georgetown. We believe that our new technology will change the plastic extrusion industry, and we are looking forward developing our business where we call home,” GreenCore Materials Owner and Founder Guerry Green said.
“We’re proud to celebrate when a new company decides to invest in our state and our people. This is an exciting day for GreenCore Materials, the city of Georgetown and Georgetown County. I am excited to see such a strong partnership established, and we look forward to seeing them thrive moving forward,” Governor Henry McMaster said.
“Companies like GreenCore Materials are attracted to South Carolina thanks to our pro-business environment. I congratulate the company on this new endeavor and am thrilled for the impact it will make in the Georgetown County community,” Secretary of Commerce Bobby Hitt added.
“We are excited to welcome GreenCore Materials to Georgetown County. We have a long working history with Guerry Green, its founder, and we are eager to see this new venture move toward production. This announcement is the culmination of over a year of work with the GreenCore Materials team, our real estate partners and the city of Georgetown. We would also like to thank our partners at Santee Cooper and the South Carolina Department of Commerce for their support. We wish GreenCore Materials much success,” Georgetown County Council Chair John Thomas said.
“I’d like to thank GreenCore Materials and owner Guerry Green for his commitment to the city of Georgetown. This announcement demonstrates a strong relationship between him and the city’s leadership. I’d like thank the state of South Carolina and Georgetown County for partnering in this economic endeavor. This development will re-energize the economic activity in our city and we are sending a message that Georgetown is open for businesses and establishing ourselves as a business-friendly community,” City of Georgetown Mayor Brendon M. Barber Sr. added.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024