Home / Knowledge / News / Textiles / Polysols to invest $1 mn to locate new facility in Spartanburg County
Polysols to invest $1 mn to locate new facility in Spartanburg County
21
Aug '09
The South Carolina Department of Commerce and the Economic Futures Group of Spartanburg County today announced that Polysols Inc., a subsidiary of Polywert GmbH, will locate its new manufacturing facility in Spartanburg County. The $1 million investment is expected to generate 10 new jobs in the next three years.

“We are pleased to locate our first U.S. facility in the Upstate of South Carolina. Spartanburg County is an excellent fit for our company, providing us with an excellent business environment, an excellent labor force and great market access. We appreciate all the support we've received from state and local officials,” said Christoph Bock, treasurer and member of the board of directors for Polysols Inc.

Polysols' facility will use manufacturing wastes and materials created from the production of polyester fibers to make new products. The first product made will be footing material used in the equine industry.

“By choosing to locate in South Carolina, Polysols and its parent company add yet another link between our state and Germany, one of our top trading partners. The company's decision to locate here is also a testament that our business-friendly climate and strong market access are working to attract new investment and job opportunities while helping our state grow its multinational reach. Thanks to the team effort of state and local officials, and the work of Commerce's Europe office, Spartanburg County will benefit from this investment now and in the future,” said Joe Taylor, Secretary of Commerce.

“We are extremely pleased that Polysols Inc. is locating a new facility here,” comments Carter Smith, Executive Vice President of Spartanburg County's Economic Futures Group. “Polysols decision to locate their facility in Spartanburg County adds to our growing list of “green” companies, as their process reduces wastes that could end up in a landfill. Their decision also demonstrates our community's ability to attract quality companies providing excellent job opportunities for the citizens of Spartanburg.”

The company plans to begin hiring for the positions at the end of September.

The South Carolina Department of Commerce

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search