Joint Venture Expands Low Melting Fiber Production in Spartanburg, South Carolina
10/19/2018
The new, state-of-the-art operations will manufacture low melting fiber with an annual capacity of 60,000 tons. LMF is commonly used as a binder fiber in core-sheath constructions for use in automotive and industrial composites. The initial volumes of LMF will be sold in the United States with the potential to expand into neighboring regions over time.
Auriga Polymers, Inc. currently employs more than 450 production associates, engineers and scientists at its Spartanburg County campus and, through this joint venture, the facility will be adding 50 new positions.
As an incentive, the Coordinating Council for Economic Development has approved job development credits related to the project.
“After celebrating more than 50 years of manufacturing in Spartanburg County, it is exciting to see the creation of 50 new jobs in Spartanburg as a result of this substantial new investment. Both joint venture partners are appreciative of the pro-business environment in South Carolina and look forward to a strong future with this community,” said Auriga Polymers Vice President of Operations Mark Holden.
“We continue to see manufacturers making investments across the state. Today’s announcement by Huvis Indorama Advanced Materials further strengthens South Carolina’s robust manufacturing sector and brings jobs that will have an ongoing positive impact in Spartanburg County,” Secretary of Commerce Bobby Hitt said.
“We are extremely pleased that Huvis Indorama Advanced Materials is launching this new manufacturing operation in Spartanburg County. The decision to locate this venture on Auriga Polymers, Inc.’s Spartanburg campus represents our commitment to our existing industries. Spartanburg County will benefit from this expansion now and in the future,” noted David Britt, Spartanburg County Economic Development Committee chairman and Economic Futures Group board member.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
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
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024