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South Carolina has been named Business Facilities magazine’s 2017 state of the year.
The magazine, which has targeted corporate site selectors and economic development professionals for more than 50 years, cited Samsung’s new $380 million home appliance plant in Newberry County, along with BMW and Volvo expansions that “catapult South Carolina into the top tier of U.S. automotive manufacturing hubs,” said Business Facilities editor in chief Jack Rogers.
The 453,000-square-foot Samsung facility, the South Korea-based electronics giant’s first U.S.-based home appliance manufacturing site, is expected to create 954 jobs by 2020. The plant, which will also serve as a research and development facility, occupies the former Caterpillar site left vacant when that company closed its Newberry doors in 2016, eliminating 352 jobs.
Read more here: https://columbiabusinessreport.com/news/manufacturing/73591/