“We are pleased with the opportunity to expand our operations here in Williamsburg County. South Carolina has provided us with an excellent business environment and a talented workforce, which has helped our company meet with success. We appreciate all the support we’ve received from state and local officials,” said Henry Poston, president of Palmetto Synthetics.
Palmetto Synthetics will expand its current facility, located at 633 Commerce Drive in Kingstree, adding a second recycling line. The company will also build a new 25,000-square-foot warehouse facility. The expansion is expected to be completed by April. The company most recently expanded its facility in 2008 and 2010.
“The announcement is a win for one of our state’s rural areas. We celebrate Palmetto Synthetics decision to invest $1.1 million and add 20 new jobs in Kingstree,” said Gov. Nikki Haley. “Expansions by our existing businesses continue to make the case that South Carolina is the place where a company can grow and prosper.”
Since January 2011, South Carolina has recruited more than $850 million in capital investment and more than 2,200 jobs in the recycling-related sector.
“Our state’s recycling industry continues to grow and create jobs,” said Secretary of Commerce Bobby Hitt. “When a company like Palmetto Synthetics expands, it helps to make the surrounding communities sustainable. It also sends the message that South Carolina is just right for business.”
“Palmetto Synthetics has become a stalwart member of the NESA region over the past few years,” said state Sen. Yancey McGill, executive committee chairman of the North Eastern Strategic Alliance’s (NESA).
“To see Palmetto Synthetics grow is the ideal scenario for economic development in our region. The tireless dedication and collaboration between Palmetto Synthetics, business leaders, members of the Williamsburg County government, NESA and the S.C. Department of Commerce has truly served our region well and made announcement possible.”
“We are extremely pleased that Palmetto Synthetics has chosen to expand in Williamsburg County for the seventh time,” said Williamsburg County Supervisor Stanley S. Pasley “Their investment and continued growth is welcomed by our community. The creation of these new jobs for our citizens is very much appreciated. We look forward to an extended relationship that will be mutually beneficial and contribute to the overall prosperity of Williamsburg County.”
“Palmetto Synthetics has been a great asset to Williamsburg County,” said Kingstree Mayor Ricky Burrows. “They will be starting another expansion in the next few weeks. The $1.1 million investment will bring 20 new jobs to our county. We are so happy that Palmetto Synthetics calls Kingstree home.”
South Carolina Department of Commerce
Apparel/Garments | On 1st Mar 2017
CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...
Apparel/Garments | On 1st Mar 2017
US headquartered kidswear retailer Carter’s said it has acquired Skip ...
Information Technology | On 1st Mar 2017
Lectra, the world leader in integrated technology solutions, has...
Very few machinery manufacturers have R&D units
Max Fashion India
‘Traditional high-street retailers are now willing to offer franchisees to ...
Gem Enviro Management Pvt Ltd
There are no significant differences between virgin yarn and PET recycled...
Swerea IVF AB
Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
About one in every 20 patients picks up an infection while hospitalised....
Hyderabad-based designer Prathyusha Garimella is known for blending...
"We should not compare India and the West. There are things we do that...
Golfwear and menswear brand Devereux is set for greener pastures. Robert...