SC: Ritrama to Invest $15M in Spartanburg County Facility Expansion
28 Jul, 2017
Ritrama is expanding its existing Spartanburg County manufacturing facility. The company is investing an additional $15 million to accommodate its continued growth, bringing Ritrama's total investment in South Carolina to $100 million.
Announced in October 2016, this facility is designed to be Ritrama's most modern and productive plant worldwide, utilizing the latest coating technologies and advanced robotics for internal logistics and packaging. The facility will be a logistics 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.
Ritrama's latest investment at the facility, which is located near the intersection of Interstate 26 and Highway 221 in Moore, S.C., will allow the company to add additional equipment. For more information on Ritrama, visit the company's website.
"This announcement is another example of a company finding success in South Carolina and proving that it's committed to our people by continuing to invest in them. Companies like Ritrama are an important component to the success of our manufacturing industry and one of the many reasons it's considered one of the strongest in the world." -Gov. Henry McMaster
"South Carolina continues to lead the manufacturing renaissance, and today's announcement by Ritrama is a testament to that. By deciding to invest an additional $15 million in its new Spartanburg County facility, Ritrama is making a statement that South Carolina is where it wants to do business." -Secretary of Commerce Bobby Hitt
"We are extremely pleased that Ritrama is already looking to grow and has chosen Spartanburg County as the location for its North American headquarters. Our community, region and state are dedicated to providing the support to help them continue on a path of success." -David Britt, chairman of Economic Development Committee of Spartanburg County Council and board member of the Economic Futures Group
Five Fast Facts
- Ritrama is expanding its existing Spartanburg County manufacturing facility.
- Additional $15 million investment, bringing the company's total South Carolina investment to $100 million.
- Ritrama is a manufacturer of pressure-sensitive adhesive materials.
- The company's facility is located near the intersection of Interstate 26 and Highway 221 in Moore, S.C.
For more information on Ritrama, visit the company's website.
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, Samsung, 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 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.