Sam­sung to cre­ate 950 jobs in South Carolina

Lodi News-Sentinel - - Business - By Jeff Wilkin­son

COLUMBIA, S.C. — Sam­sung will spend $380 mil­lion on a fa­cil­ity in South Carolina, cre­at­ing 950 jobs over the next three years, com­pany of­fi­cials an­nounced Wed­nes­day.

The Ja­panese com­pany will pro­duce home ap­pli­ances at a former Cater­pil­lar plant in New­berry County, which is out­side the city of Columbia. The fa­cil­ity is ex­pected to be in oper­a­tion in early 2018.

“Sam­sung’s de­ci­sion to in­vest in South Carolina and cre­ate nearly 1,000 new jobs here is one that will change the very fab­ric of the New­berry com­mu­nity,” Gov. Henry McMaster said in a news re­lease. “We are ex­cited to know that Sam­sung will now be an im­por­tant part­ner in ush­er­ing in an un­prece­dented pe­riod of eco­nomic growth and pros­per­ity in our state.”

Es­tab­lished in 1969 and em­ploy­ing nearly half a mil­lion peo­ple glob­ally, Sam­sung is one of the world’s lead­ing builders of tele­vi­sions, smart­phones, wear­able de­vices, cam­eras, ap­pli­ances and net­work sys­tems.

“For nearly 40 years, Sam­sung has steadily ex­panded our op­er­a­tions in the United States, cre­at­ing thou­sands of jobs and in­vest­ing bil­lions of dol­lars in cut­ting-edge man­u­fac­tur­ing fa­cil­i­ties, re­search and de­vel­op­ment,” Tim Bax­ter, chief ex­ec­u­tive of Sam­sung Electronics Amer­ica, said. “With this in­vest­ment, Sam­sung is reaf­firm­ing its com­mit­ment to ex­pand­ing its U.S. op­er­a­tions and deep­en­ing our con­nec­tion to its Amer­i­can con­sumers, engi­neers and in­no­va­tors who are driv­ing global trends in con­sumer electronics.”

The S.C. Co­or­di­nat­ing Coun­cil for Eco­nomic De­vel­op­ment, a state eco­nomic de­vel­op­ment arm, has ap­proved job de­vel­op­ment cred­its for the project.

Sam­sung be­gan con­tem­plat­ing an ex­pan­sion of its U.S. pro­duc­tion base nearly three years ago and ini­ti­ated dis­cus­sions with South Carolina in the fall of 2016, com­pany of­fi­cials said.

New­berry County was se­lected, com­pany of­fi­cials said, be­cause of its skilled work­force, ro­bust sup­ply chain, and com­mit­ment to public-pri­vate part­ner­ships.

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