China Jushi To Establish U.S. Manufacturing Division In Columbia, South Carolina
06/01/2016
“The Jushi USA project is a big move for the strategic development of China Jushi. As the leading fiberglass manufacturer in the world, China Jushi will constantly provide top-grade products and excellent customer service for the global market. With the dynamic development of the American composite global market, plus the great support from South Carolina state government and Richland County, we believe that this USA project will achieve great success. Also, we always welcome talented people to join Jushi USA and witness the growth of Jushi in the American fiberglass industry,” said China Jushi CEO Zhang Yuqiang.
The first phase of the project is expected to bring $300 million in capital investment and create 400 jobs in Richland County . The new production line is designed to supplement the growing composite material industry in the United States. The company expects to begin construction on the new facility in the fourth quarter of 2016 and complete the installation within two years.
Zhejiang, China-based China Jushi is a leading supplier of fiberglass reinforcements and fabrics to the reinforced plastics industry worldwide. With more than 20 years of experience in the U.S. market, Jushi already has a strong brand influence in American markets.
“With regards to the dynamic development of the United States’ economy, we concluded that South Carolina’s business environment offers us the best support for our investment. Therefore, Jushi Group is ready to pursue this opportunity and improve our core competitiveness through the growth of our new Jushi USA manufacturing plant” said Jushi Group Chairman Yang Guoming.
“South Carolina’s workforce has proven to the world that we can build planes, cars, tires and carbon fiber, and now because of China Jushi’s investment in Richland County, we are going to be making fiberglass products for one of the biggest companies in the market. This investment, which means 400 new jobs for South Carolinians, is a huge win for our state, and we couldn’t be more excited to prove to this fantastic company that its first U.S. fiberglass manufacturing facility is in great hands in Richland County,” Governor Nikki Haley said.
“South Carolina Ports Authority welcomes the nation’s first Jushi Group fiberglass manufacturing operations facility to South Carolina. The Port looks forward to serving their international supply needs through our Charleston facilities and celebrates the continued growth of our state’s manufacturing economy” said SCPA President/CEO Jim Newsome.
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