In a strategic move supported by a $9.6 million investment, Minnesota-based commercial online printing company, Smartpress, plans to establish its first South Carolina operations in the thriving community of Spartanburg County. The company is due to lease a 94,000-square-foot print production facility in Duncan, the move expected to create around 150 new jobs boosts the economy and builds on the region’s dynamic growth.
The project not only introduces new vigor to the local economy but also presents a platform for local talent to shine, catering to a workforce eager for opportunity. Smartpress vice president Matt Chapman said, the company’s decision to expand into South Carolina was driven by the region’s dynamic population growth and talent pool. Their decision also received support in the form of job development credits approved by the South Carolina Coordinating Council for Economic Development.
But it’s not just Smartpress making big investment news in Spartanburg. Another major player hitting the headlines is Keurig Dr Pepper (KDP). The producer of hot and cold beverages announced a hearty $141 million investment in the county earlier this month, an undertaking that will create 84 new superb job opportunities.
The company’s existing Spartanburg County facility currently employs approximately 285 people. Their new site in Moore will reportedly play host to production for the company’s next-generation K-Rounds, plastic-free coffee pods. An innovation representing both, the company’s commitment to the future and to sustainable business practices.
Meanwhile, over in Florance County, Asset Technology Group, Inc. (ATG) has announced a significant $6.2 million investment to expand and relocate its headquarters. This project is set to create 77 new jobs. The company plans to expand to an 8,500-square-foot facility, and operations should be online by the end of 2024. ATG provides technology infrastructure for small- to medium-sized businesses and municipalities, offering crucial help with installing, configuring, and maintaining reliable IT solutions and support.
The exciting rounds of planned investments and the resulting new jobs are clear indications of a thriving business ecosystem in these parts of South Carolina. In the end, not only do these moves promise an economic boost, but also a brighter future for local workers, inviting a wave of novel skills and opportunities to the region. Meanwhile, the remarkable work of South Carolina Coordinating Council for Economic Development in approving job development credits and awarding grants deserves a gracious tip of the hat.
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