Fiber Industries plans Textile Plant in Darlington, South Carolina, USA
An old Darlington County’s Palmetto textile plant in South Carolina (USA) which was shut down in 2008 by the bankruptcy of its owner is being revamped by Fiber Industries. The USD 30 million capital investment will be used to revamp the site and install new equipment which is expected to create at least 135 new jobs. Operation take-up is planned for early 2018
Fiber Industries LLC will invest more than USD 30 million to open a new textile production operation at 1000 East McIver Road in Darlington, South Carolina.
According to the state Department of Commerce, the plant is expected to be operational in early 2018. This development is expected to lead to the creation of at least 135 new jobs. As an incentive, the Coordinating Council for Economic Development approved job development credits related to this project.
“Fiber Industries is excited about the opportunity to restart the Palmetto Plant and bring jobs to the Darlington area. The management team has been very impressed with the local workforce capabilities observed during its due diligence process. The support of the state and the local community has been an additional plus to help move this project forward,” Fiber Industries Officers Andrew Rosenfeld and Leandro Carboni said.
“Manufacturing continues to thrive in the Palmetto State; and, as a result, South Carolina’s economy is on top of the world. Today, we celebrate Fiber Industries LLC and the jobs they are bringing to Darlington County. We are proud that they have decided to do business in our state and look forward to watching them succeed here,” Governor Henry McMaster said.
“South Carolina has a long and storied history with textile manufacturing, and this announcement by Fiber Industries only adds to that tradition. This is tremendous news for Darlington County, and we look forward to the difference that these new jobs will make,” Secretary of Commerce Bobby Hitt noted.