SC: Oxco to Invest $13M, Launch York County Operations, Hire 130
30 Jan, 2017
Oxco, Inc., a light manufacturer and supplier of non-woven materials, is launching new operations in York County to accommodate the company's continued growth. The project is expected to bring approximately $13 million in new capital investment and create more than 130 new jobs.
Established in Charlotte, N.C. in 1994, Oxco operates within the non-woven industrial fabrics industry and is a light manufacturer and supplier of non-woven materials for a variety of markets and end-use applications.
Located in Lakemont Business Park in Fort Mill, S.C., the company will be constructing a new 150,000-square-foot facility, expandable up to 200,000 square feet. Hiring for the new positions is projected to begin in the second quarter of 2018, and those interested in applying should visit the company's career page online.
The Coordinating Council has approved job development credits, as well as a $200,000 Set Aside grant to York County to assist with the cost of real property improvements related to the project.
"Given our company's success and growth in recent years, and therefore our need for a larger facility, we're delighted to be planning for a move to York County. The attractive incentives offered by the county and state, and the convenient location with access to Interstate 77 for our employees, distributors and customers alike, made the move an easy decision." -Oxco President C.T. Chu
"Oxco's decision to invest in York County and create 130 new jobs serves as an opportunity for South Carolinians to show the world how special of a place our state is, and we are confident they will do just that. We know that this is just the beginning of an important and lasting relationship between Oxco and our state, and we look forward to what the future holds for this great partnership." -Gov. Henry McMaster
"South Carolina is known for its remarkable manufacturing ability. Today's announcement by Oxco is further proof that this reputation is well-earned, as yet another tremendous company has chosen to call our state home." -Secretary of Commerce Bobby Hitt
"We are thrilled that Oxco has chosen York County to grow its diverse manufacturing operations. We congratulate them on the construction of their new facility here. The jobs this investment will create are great news for both our community and our state." -York County Council Chairman Britt Blackwell
FIVE FAST FACTS
- Oxco, Inc. is launching new operations in York County.
- $13 million investment to create more than 130 new jobs.
- Oxco is a distributor and light manufacturer of non-woven materials for a variety of markets.
- The company will be constructing a new 150,000-square-foot facility in Lakemont Business Park in York County.
Hiring for the new positions is projected to begin in second quarter of 2018, and interested applicants should visit the company's careers page 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. 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.