Generic drug maker Spirit Pharmaceuticals announced today it will locate its new facility in Clarendon County, bringing 296 jobs in a $12.2 million investment.

The company will establish a new packaging and manufacturing facility in Summerton. The company produces a range of generic pharmaceuticals for retailers such as Walgreens, Dollar Tree and CVS.

“It’s an exciting time for our company,” said Ajoy Joshi, CEO of Spirit Pharmaceuticals. “South Carolina offers us an excellent business climate, a talented workforce and the infrastructure we need to be successful.”

Gov. Nikki Haley called the decision a big win for South Carolina, especially since it’s in one the state’s more rural areas.

“Announcements like this one show that South Carolina is increasingly becoming the ‘it’ state for business,” she said.

Since 2011, South Carolina has recruited more than 2,000 jobs and more than $400 million in capital investment in the life sciences industry, which includes secondary sectors such as medical and health IT.

“The life sciences industry continues to grow in South Carolina, and today’s announcement by Spirit Pharmaceuticals is another sign of that,” Secretary of Commerce Bobby Hitt said. “Additionally, this investment creates jobs that will have an impact throughout Clarendon County and help keep Summerton and the surrounding communities sustainable.”

The company will occupy the former Federal Mogul building at 9104 Alex Harvin Hwy. The new plant is expected to be operational in the first quarter of 2014.

For job information, contact Kunjal Joshi with Spirit Pharmaceuticals at 215-943-4000 or kunjal@spiritpharma.com.