Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Vietnam-Based Tin Thanh Group Americas Plans Fairfax, South Carolina, Manufacturing Facility

03/17/2023
Tin Thanh Group Americas, a Vietnam-based tire manufacturer, will establish its first U.S. operations in Fairfax, South Carolina. The $68 million project is expected to create 1,031 jobs in Allendale County.

The new facility, located at Walker Road, will manufacture and retread large commercial vehicle tires, as well as operate the company’s commercial tire leasing program. Operations are scheduled to begin by September 2024.

“Tin Thanh Group Americas is excited to make South Carolina home for its first location outside Vietnam and is proud to be South Carolina’s first Vietnamese company. With the assistance of the Department of Commerce, the SouthernCarolina Alliance and the officials at Allendale County, and the assistance of readySC, the decision was clear compared with the other locations that sought our project in the Southeast. Tin Thanh Group Americas looks forward to a long-lasting, fruitful and cooperative relationship with all of South Carolina,” said Tin Thanh Group Americas CEO Tran Dinh Quyen.

The Coordinating Council for Economic Development approved job development credits related to this project. The council also awarded a $1 million Rural Infrastructure Fund (RIF) grant to Allendale County to assist with the costs of site preparation and infrastructure improvements.

“Today is another win for South Carolina! When clean energy companies such as Tin Thanh Group Americas decide to invest in our state, it is a testament to the talented workforce that contributes to the rapid growth of sustainable companies. Congratulations to Tin Thanh Group Americas on its first operations in the U.S.,” noted Secretary of Commerce Harry M. Lightsey III.

Supplying energy from reusable sources, Tin Thanh Group Americas provides operations in recycled energy, closed industry-agriculture, recycled waste and tire leasing while serving the environment, energy, high-tech agriculture and technology markets.

“SouthernCarolina Alliance welcomes Mr. Tran and the Tin Thanh Group Americas to our region, where they plan to build their first facility in the U.S. The jobs they are creating, and their capital investment will be a tremendous catalyst to growth in this rural area. Industries like Tin Thanh are the backbone of the regional economy and touch every aspect of the local community,” SouthernCarolina Alliance President and CEO Danny Black said.

Exclusive Research