SC: Michelin N. America to Invest $270M, Hire 350 for Distribution Center | Trade and Industry Development

SC: Michelin N. America to Invest $270M, Hire 350 for Distribution Center

Sep 27, 2016

Michelin North America, Inc. is advancing its plans to establish a distribution center in Spartanburg County. The new development is projected to bring more than $270 million in new capital investment and lead to the creation of 350 new jobs.

One of the largest corporations in South Carolina, Michelin designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment and more. Headquartered in Greenville, S.C., Michelin North America employs more than 22,650 associates and operates 20 major manufacturing plants in the U.S., Canada and Mexico.

Located near the intersection of S.C. Highways 101 and 417 near Spartanburg, S.C., the new distribution center is situated within a short distance of seven existing Michelin tire plants across South Carolina’s Upstate region, as well as the company’s Greenville-based headquarters for North America and multiple other Michelin facilities. The site will feature five buildings comprising a total of approximately 3.3 million square-feet and will support distribution of tires under Michelin, BFGoodrich and Uniroyal brands for passenger vehicles, heavy trucks and agricultural equipment.

Construction on the new center is expected to begin later this year. The first phase is projected to open in late 2017, with full completion expected in early 2019. Hiring for the new positions is expected to begin in 2017.

For more information on Michelin North America, visit their website at www.michelinman.com.

QUOTES

“The Spartanburg distribution facility will cap a multi-year evolution of Michelin’s distribution network in North America. We see it as a transformational milestone designed to better serve our customers while optimizing inventories and improving supply efficiency. We are grateful for the relationships we’ve enjoyed with local government leaders in Spartanburg County for more than 35 years. With additional support at the state level, these leaders have helped us advance this important project, which enables our company to meet growing customer demands for Michelin tires in multiple business segments.” –Chairman and President of Michelin North America Pete Selleck

“Michelin has been one of South Carolina’s most important business partners since its doors opened in Greenville County over four decades ago. Both our state and this fantastic company have grown tremendously over the course of this partnership, and we couldn’t be more excited to see that growth and success continue with this $270 million investment that means 350 new jobs for South Carolinians.” –Gov. Nikki Haley

“We have worked with Michelin over many months to secure this project in South Carolina. An investment of this size with this number of new jobs affirms the attractive business environment South Carolina offers to respected global corporations like Michelin.” –Secretary of Commerce Bobby Hitt

“We are excited to welcome this project to Spartanburg County. This milestone results from the responsiveness of our Spartanburg team working with Michelin. We have worked closely with Michelin concerning multiple significant investments over 35 years, during which Michelin has established itself as a great corporate neighbor and citizen of our community.” –Spartanburg County Council’s Economic Development Committee Chairman David Britt

FIVE FAST FACTS

·         Michelin North America, Inc. launching new distribution center in Spartanburg County.

·         $270 million investment to create 350 new jobs.

·         Located at the intersection of S.C. Highways 101 and 417 near Spartanburg, S.C., the new distribution center will support distribution of tires for passenger vehicles, heavy trucks and agricultural equipment.

·         Construction on the site is expected to begin in late 2016 with the first phase projected to open in late 2017.

·         For more information on Michelin North America, visit the company’s website online.

About S.C. Department of Commerce

As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. In three of the last five years, IBM-Plant Location International reports ranked South Carolina first in the nation for attracting jobs through foreign investment, per capita. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012, 2014 and 2015. For more information, visit www.SCcommerce.com.

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