SC: Ritrama Establishing $85M, 150-New-Job Upstate Operations
4 Oct, 2016
Ritrama, an Italian manufacturer of pressure sensitive adhesive materials, is establishing operations in Spartanburg County. The company is investing $85 million in the facility and creating 150 new jobs in Moore, South Carolina.
Designed to be the company's most modern and productive plant worldwide, this new 350,000 square-foot facility will utilize the latest coating technologies and advanced robotics for internal logistics and packaging, as well as a fully automated storage and retrieval system for all its warehousing requirements. The facility will be a logistic platform to service North America, as well as export to Central American and South American markets. It will also serve as the company's North American headquarters.
Located near the intersection of I-26 and Highway 221 in Moore, rough grading on the site began in mid-December 2015, and it is anticipated that the facility will be fully operational by the fourth quarter of 2017. Hiring for the new positions will begin in late 2016, continuing into early 2017, and ReadySC and SC Works will assist with the recruitment process.
The Coordinating Council for Economic Development has approved job development credits, as well as a $150,000 Set Aside grant to Spartanburg County to assist with the costs of real property improvements related to the project.
"We at Ritrama are excited about expanding our North American manufacturing footprint in Moore, S.C. Both Spartanburg County and the State of South Carolina have been very supportive to work with during this process, and we are looking forward to being part of the community and bringing new jobs to our highly automated, state-of-the-art factory." -Ritrama Group CEO Ricardo Rink
"We welcome Ritrama to South Carolina with open arms and celebrate the $85 million investment in Spartanburg County. The 150 new jobs this investment means for Spartanburg is great news for the state and once again shows that Team South Carolina has created a competitive business environment that's open for business for companies of all kinds." -Gov. Nikki Haley
"Manufacturing companies continue to have a large role in our state's economy, and it is always gratifying to see one establish its presence in South Carolina. Ritrama's decision to build its first South Carolina facility in Spartanburg County is yet another sign that our state provides a strong foundation for success." -Secretary of Commerce Bobby Hitt
"Ritrama's decision to locate its facility in Spartanburg County is wonderful news, and the product of a team effort involving our county council and county staff, the Economic Futures Group and the South Carolina Department of Commerce, alongside our valued local economic development allies, Pacolet Milliken, and utility providers. Ritrama's decision to locate in Spartanburg County supports the fact that the area's expanding international manufacturing community continues to grow and thrive." -Chairman of Spartanburg County Council's Economic Development Committee David Britt
FIVE FAST FACTS
- Ritrama is establishing operations in Spartanburg County.
- $85 million investment creating 150 new jobs.
- Ritrama's new 350,000 square-foot facility will serve as the company's North American headquarters.
- The company's Spartanburg County facility is located near the intersection of I-26 and Highway 221 in Moore.
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. For more information, visit www.SCcommerce.com.