A company headquartered in Zhejiang, China, that manufactures fiberglass products announced Tuesday it will build a production line in Richland County that will create 400 jobs.
China Jushi is establishing its first U.S. fiberglass manufacturing operations with an 80,000-ton production line in the Pineview Industrial Park. The company expects to begin construction in the fourth quarter of 2016 and complete the $300 million project within two years.
“South Carolina’s business environment offers us the best support for our investment,” Jushi Group Chairman Yang Guoming said in a news release issued by the state Department of Commerce.
The company is a leading supplier of fiberglass reinforcements and fabrics to the reinforced plastics industry worldwide, according to the news release. As functional or structural materials, they can be used to manufacture a wide variety of products such as pipes, pressure vessels, chemical tanks, sanitary apparatus, electrical equipment, environment protection equipment, wind energy equipment, boat hulls, automobile parts and sports equipment.
The new production line is designed to supplement the growing composite material industry in the United States.
"The Jushi USA project is a big move for the strategic development of China Jushi,” the company’s CEO, Zhang Yuquiang, said in the news release.
The company will build a new facility in the Pineview Industrial Park in Columbia. It expects to begin construction in the fourth quarter of 2016 and complete the installation within two years.
Pay will begin at $16 per hour and applications may be submitted to www.jushi.com.
The facility will be a bit of a coup for Richland County and Columbia, which has seen neighboring Lexington County and other Midlands counties like Sumter lead in economic announcements. Richland has been hampered by a lack of developed sites.
Pineview, at the base of Shop Road in the Lower Richland community, is the county’s main industrial park, a 900-acre site near Shop Road in the southeast part of the county that was slated for the new State Farmers Market.
A press release from the county credited three key components for the announcement:
▪ Richland County Council’s commitment to purchasing the Pineview Industrial Park property.
▪ The creation of the county’s Economic Development Office, which worked for years to secure the project.
▪ The Transportation Penny Program’s funding of the Shop Road extension from Pineview Road to Longwood.
“Jushi’s decision to locate in Richland County is a major step forward in our quest to recruit world-class companies,” Richland County Council Chairman Torrey Rush said in a statement.
“While today’s announcement is a reason to celebrate, the county is committed to the company’s long-term success in South Carolina,” he said.
For more information on the company, go to www.jushi.com.
About China Jushi
Headquarters: Zhejiang, China
Number of employees: About 8,000
Fiberglass production capacity: More than one million tons
Sources: bloomberg.com, jushi.com