India-based Sarla Performance Fibers Invests $13.8 Million in South Carolina Manufacturing Facility
12/10/2012
“We are pleased to establish our U.S. presence here in South Carolina. Colleton County offers us an excellent business environment, skilled workforce talent, exceptional market access and close proximity to the Port of Charleston. We appreciate all the support we’ve received from state and local officials in bringing this project to fruition,” said Bobby Downs, executive vice president of Sarla Performance Fibers.
Sarla Performance Fibers, which is based in Mumbai, India, will establish a new yarn and thread manufacturing facility in Colleton County under the name Sarlaflex, located at Industrial Park in Walterboro. The facility will serve customers in the apparel and upholstery markets. The new plant is expected to begin operations by May 2013.
“We are thrilled that Sarla Performance Fibers has chosen South Carolina for its new manufacturing facility. Today’s announcement is another indication that companies from across the globe are seeing the benefits of doing business in our state. It’s also exciting to see Sarla Performance Fibers invest $13.8 million and create 100 new jobs in one of our state’s rural areas,” said Gov. Nikki Haley.
“We are very pleased that Sarla Performance Fibers has chosen Colleton County in which to establish their presence in the U.S. This repatriation of jobs into the U.S. is a strong indicator that our workforce is globally competitive. Welcoming this industry here is an important touchstone not only for Colleton County but for the state of South Carolina as well,” said Colleton County Council Chairman Rev. Evon Robinson.
As an incentive, the Coordinating Council for Economic Development approved a rural infrastructure grant of $500,000 and approved job development credits, which will be available when hiring targets are met.
Project Announcements
Kikkoman Foods Plans Jefferson, Wisconsin, Operations
04/26/2024
BWX Technologies Expands Cambridge, Ontario, Nuclear Production Operations
04/26/2024
Greenheck Group Plans Knoxville, Tennessee, Operations
04/26/2024
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
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