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Greater Greenville Economic Developments

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rabbit seisin
rabbit seisin

New county-level census estimates for 2023 just dropped. The bureau estimates that Greenville County grew to 558,036 as of July 2023. This would represent 6.2% growth from the 2020 census. View the ta

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vicupstate Metropolitan Area

vicupstate

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Lau Rubber and Plastics has announced the location of its North American sales and operations office in the Greenville, South Carolina area.

The company manufactures and supplies rubber and plastic molded parts to a host of global companies and brands in the automotive, computer, communications, aviation, household appliance and packaging industries.

The company will manage sales, marketing, and North American operations from the Greenville office.

Plans are in place to develop manufacturing capabilities in the U.S. once the North American market has been developed more fully. The targeted location for this facility is undetermined at this time.

“The Southeast is an ideal location for our North American operations because of the growing automotive industry in the region which is a category strength for our company,”stated Joseph J. White, Lau Rubber and Plastics Chief Operating Officer. “Additionally, it gives us easy access to other manufacturing sectors located in the Southeast as well the Midwest and Northeast. These are our geographical priorities at this time.”

The company currently manufactures a broad range of products and processes for seals, gaskets and other products using extruded and molded EPDM, Silicone, NR, NBR and composite materials for dense extrusion, foam product and dense mold applications.

About Lau Rubber and Plastics

Lau Rubber and Plastics Products Ltd. is a global leader in the design and manufacturing of rubber and plastics products that can be found on many of the leading branded products around the world.

Specialties include automotive applications, electrical appliances, communication cabinets, high‐low pressure industrial switch cabinets, medical treatment apparatus, printing industry applications, fuel and oil hoses as well as gaskets and seals for a multitude of critical applications.

The company was established in 1986 in Guangzhou, China near Hong Kong and has three, state‐of‐ the art manufacturing facilities. A new cutting edge LEED certified manufacturing and research center at the LAU Industrial Park Campus has been designed and is being built and will be ready for production in 2014.

The company is ISO9001‐2008 certified and its products pass US UL94V‐0 and environmental protection SGS verification of the EU, RoHS and FDA standards.

The company has established its North American headquarters for marketing, sales, and operations offices in Greenville, SC.

More information on the company can be found at www.laurubberandplastics.com or, Telephone: 864‐469‐3250, Fax: 864‐469‐3251, P.O. Box 26238, Greenville, SC 29616

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gman430 Megalopolis

gman430

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Project Worthwhile. 119 new jobs. $13 million investment. On 24 acres of land located at 800 Woodside Avenue in Fountain Inn (Greenville County) within an existing building that is approximately 124,974 square feet. Stay tuned.

Greenville Hospital System to create 400 new jobs over the next year: http://www.wyff4.com/news/local-news/greenville-news/GHS-new-budget-includes-price-increase-new-jobs/-/9654794/16735274/-/ro7cerz/-/index.html

Edited by citylife
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gs3 Metropolitan Area

gs3

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http://www.crda.org/economicscorecard/CRDA_Economic_Scorecard_2012.pdf

Charleston did an economic scorecard which included Greenville as a peer comparison.

Interesting to see where Greenville falls out ahead....in the middle of the pack......and on bottom. The most interesting thing I see in this, is that Jacksonville and Savannah are at the bottom or close to it, of almost every metric. Doesn't shock me about Jacksonvillle.....I go there on business.....have never been impressed. Savannah though, on the bottom of so much.....sort of shocking.

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ausrutherford Burg

ausrutherford

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Lockheed just a major contract with the Coast Guard. Affects both SC sites including Gville.

Two South Carolina communities will be sites for work on $244 million of defense contracts that the Pentagon announced Friday.

Lockheed Martin Corp.’s site in Greenville will share in a $218 million contract to modify Coast Guard HC-130J Hercules aircraft.

The second contract for more than $26 million involves the construction of an aviation fuel storage and distribution facility at Joint Base Charleston.

Lockheed Martin’s Greenville site, which provides full service maintenance, repair and overhaul services, will work on the Coast Guard aircraft. The Pentagon said work also will be performed at Lockheed Martin’s facilities in Marietta, Ga.

The Hercules, powered by four turboprop engines, is used by the Coast Guard for search-and-rescue and maritime reconnaissance missions. It carries a crew of five to seven, depending on the scope of the mission.

GSA

Edited by ausrutherford
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vicupstate Metropolitan Area

vicupstate

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South Carolina Plastics LLC, a maker of plastic automotive components, plans to establish a new facility in Greenville County.

The company said it will invest $12 million and generate 119 new jobs.

“South Carolina offers us an excellent business climate and a close proximity to customers, as well as a talented workforce. We appreciate all the support we’ve received from state and local officials,” said Martin Kean, vice president of Carolina Technical Plastics Corp. and South Carolina Plastics.

South Carolina Plastics is a subsidiary of Carolina Technical Plastics Corp., which is a part of Germany-based Wirthwein AG Group.

The company will establish its new manufacturing operation at 800 Woodside Ave. in Greenville County, subject to completing acquisition of the Fountain Inn site.

The company makes automotive components such as door modules, door handles, cable drum housings and covers for seat belts, among other components for the automotive industry as well as the home appliance, medical and rail industries.

The new facility is expected to be operational by February 2013.

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vicupstate Metropolitan Area

vicupstate

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From GSA Business:

South Carolina traditionally has struggled to garner as much venture capital as densely urban, high-tech areas, such as Austin, Boston, New York City or Silicon Valley.

But one Silicon Valley investor has taken notice of Greenville, and a few Palmetto State startups have attracted capital recently.

Since 2002, venture capital firms have invested in 34 S.C. companies, totaling $364 million, according to statistics compiled by the National Venture Capital Association and PricewaterHouseCoopers.

Nationally, firms put together roughly 37,000 deals for $264 billion during the same period.

Edited by krazeeboi
Please don't post entire articles, only summaries with a link to the source
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gman430 Megalopolis

gman430

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Michelin to expand again-

“Enhanced Investment FILOT Minimum Requirement” shall mean either (a) aggregate investment in the Expansion Project of at least $200,000,000 (without regard to depreciation or other diminution in value) and creation of at least 125 new full-time jobs at the Project within the Enhanced Investment FILOT Compliance Period, or alternatively (b) investment in the Expansion Project of at least $400,000,000 (without regard to depreciation or other diminution in value) within the Enhanced Investment FILOT Compliance Period, all as permitted by Section 12-44-30(7) of the Negotiated FILOT Act.

Source from December 4th agenda: http://www.GreenvilleCounty.org/County_Council/_Agenda/County%20Council/December%204/Gina%20Michelin%20FILOT%20Agreement.pdf (Bottom of sixth page on PDF file)

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vicupstate Metropolitan Area

vicupstate

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http://www.greenvilleonline.com/article/20121204/BUSINESS/312040013/Michelin-eyes-possible-expansion-Greenville-County?odyssey=tab{sodEmoji.|}topnews{sodEmoji.|}text{sodEmoji.|}FRONTPAGE

 

The 'Fiscal Cliff' situation could impact the announcement, but if that doesn't derail it, we should hear something by year-end. My guess is they are going to expand the Greenville plant.

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vicupstate Metropolitan Area

vicupstate

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Not sure if this is the 'big' announcement or something else:

 

Michelin North America will announce a new international community partnership for the Upstate today.

The partnership will involve the International Center of the Upstate and Clemson University, according to an announcement from Michelin.

Lauren Davis, a Michelin spokesperson, said the new partnership is driven by the desire to bring out the international qualities and culture here.

“A lot of groups participate in contributing to that culture so this effort will be one to unite it all together,” she said.

The announcement will be at 10:30 a.m. at Michelin headquarters on One Parkway South.

Edited by vicupstate
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