SC: China Jushi Building $300M, 400-New-Job Facility in Richland County
1 Jun, 2016
China Jushi, a global manufacturer and promoter of fiberglass products, is establishing its first U.S. fiberglass manufacturing operations with an 80,000-ton production line in Richland County. The first phase of the project is expected to bring $300 million in capital investment and create 400 new jobs.
Headquartered in Zhejiang, China, China Jushi is a leading supplier of fiberglass reinforcements and fabrics to the reinforced plastics industry worldwide. With more than 20 years of experience in the U.S. market, Jushi already has a strong brand influence in American markets. The new production line is designed to supplement the growing composite material industry in the United States.
Located in Pineview Industrial Park in Columbia, S.C., the company expects to begin construction on the new facility in the fourth quarter of 2016 and complete the installation within two years.
"The Jushi USA project is a big move for the strategic development of China Jushi. As the leading fiberglass manufacturer in the world, China Jushi will constantly provide top-grade products and excellent customer service for the global market. With the dynamic development of the American composite global market, plus the great support from South Carolina state government and Richland County, we believe that this USA project will achieve great success. Also, we always welcome talented people to join Jushi USA and witness the growth of Jushi in the American fiberglass industry." -China Jushi CEO Zhang Yuqiang
"With regards to the dynamic development of the United States' economy, we concluded that South Carolina's business environment offers us the best support for our investment. Therefore, Jushi Group is ready to pursue this opportunity and improve our core competitiveness through the growth of our new Jushi USA manufacturing plant." - Jushi Group Chairman Yang Guoming
"South Carolina's workforce has proven to the world that we can build planes, cars, tires and carbon fiber, and now because of China Jushi's investment in Richland County, we are going to be making fiberglass products for one of the biggest companies in the market. This investment, which means 400 new jobs for South Carolinians, is a huge win for our state, and we couldn't be more excited to prove to this fantastic company that its first U.S. fiberglass manufacturing facility is in great hands in Richland County." -Gov. Nikki Haley
"We would like to congratulate Jushi Group for their tremendous investment in Richland County and in the State of South Carolina. The Palmetto State has been leading the way in advanced manufacturing for some time now, and announcements like this one ensure that South Carolina will continue to stay on top." -Secretary of Commerce Bobby Hitt
"Jushi's decision to locate in Richland County is a major step forward in our quest to recruit world-class companies. While today's announcement is a reason to celebrate, the County is committed to the company's long-term success in South Carolina. I want to personally thank Richland County Council for their commitment to develop the Pineview Industrial Park and to the City of Columbia for their partnership in helping provide the necessary infrastructure." -Richland County Council Chairman Torrey Rush
"South Carolina Ports Authority welcomes the nation's first Jushi Group fiberglass manufacturing operations facility to South Carolina. The Port looks forward to serving their international supply needs through our Charleston facilities and celebrates the continued growth of our state's manufacturing economy." -SCPA President and CEO Jim Newsome
FIVE FAST FACTS
- China Jushi is establishing its first U.S. manufacturing operations in Richland County.
- $300 million investment to create 400 new jobs.
- China Jushi is a global manufacturer and promoter of fiberglass products.
- The facility will be located at Pineview Industrial Park in Columbia, S.C., situated just off Shop Road.
For more information on the company, visit www.jushi.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 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. IBM-Plant Location International reports in 2012, 2013 and 2015 ranked South Carolina first in the nation for attracting jobs through foreign investment. For more information, visit www.SCcommerce.com.