SC: Spirit Pharmaceuticals Investing $12.2M, Hiring 296 for New Facility
7 Mar, 2013
Spirit Pharmaceuticals, a maker of generic pharmaceuticals, announced that it will locate its new facility in Clarendon County. The more than $12.2 million investment is expected to generate 296 new jobs.
“It’s an exciting time for our company. We are pleased to move forward with plans for our new facility in Clarendon County. South Carolina offers us an excellent business climate, a talented workforce and the infrastructure we need to be successful. We appreciate all the support we’ve received from state and local officials,” said Ajoy Joshi, CEO of Spirit Pharmaceuticals.
Spirit Pharmaceuticals will establish a new packaging and manufacturing facility in Summerton. The company produces a range of generic pharmaceuticals for retailers such as Walgreens, Dollar Tree and CVS.
“Spirit Pharmaceuticals’ decision to locate its new operation here in South Carolina is another big win for our state, and one of our rural areas in particular. We celebrate the company’s decision to invest $12.2 million and create 296 new jobs in Summerton. Announcements like this one show that South Carolina is increasingly becoming the ‘it’ state for business,” said Gov. Nikki Haley.
Since 2011, South Carolina has recruited more than 2,000 jobs and more than $400 million in capital investment in the life sciences industry, which includes secondary sectors such as medical and health IT.
“The life sciences industry continues to grow in South Carolina, and today’s announcement by Spirit Pharmaceuticals is another sign of that. Additionally, this investment creates jobs that will have an impact throughout Clarendon County and help keep Summerton and the surrounding communities sustainable,” said Secretary of Commerce Bobby Hitt.
The company will occupy the former Federal Mogul building located at 9104 Alex Harvin Hwy. The new plant is expected to be operational in the first quarter of 2014.
“We welcome Spirit Pharmaceuticals into Clarendon County. This business is significant in several ways. First, it will occupy a landmark building. Most importantly, however, is that Spirit will bring a historical number of jobs and the quality of those jobs is unprecedented. The location of this business has been a team effort and the County Council would like to thank the Clarendon County Development Board and the state of South Carolina for their hard work and diligence,” said Clarendon County Council Chairman Dwight Stewart.
“Today is a historical day for Clarendon County,” said Blake Gibbons, Chairman of the Clarendon County Development Board. Spirit Pharmaceuticals is a tremendous company and their impact here will be felt for many years to come.”
“Today’s announcement by Spirit Pharmaceuticals marks a new day in Clarendon County and the Central SC Region pharmaceutical industry recruiting efforts. We welcome these new jobs that are going into an existing manufacturing facility in Summerton. Global companies that are looking to make an initial investment in the U.S. are fast to understand our value proposition. Spirit joins WNS as the second company from India to locate in Central SC in the last year,” said Central SC Alliance Chairman Jim Apple.
Anyone interested in job opportunities with the company should contact Kunjal Joshi with Spirit Pharmaceuticals at 215-943-4000 or email@example.com.
The Coordinating Council for Economic Development approved job development credits.
For more information about Spirit Pharmaceuticals, please visit www.spiritpharma.com.
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 businesses grow. Commerce won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012. Also, the state was ranked first in attracting jobs through foreign investment by IBM-Plant Location International. Commerce has been part of recruiting world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, Heinz, ZF Group, BMW and Google Inc. Commerce also supports small and existing business, rural development initiatives and offers grants for community development. For more information, visit www.SCcommerce.com.