Recent business expansions announced around the state:
Toray Carbon Fibers America Inc. has broken ground on $1.4 billion carbon fiber plant in Spartanburg County. The factory is being built on 400 acres in Moore and is expected to create up to 500 jobs. The opening is scheduled for mid-2017. The project was announced in early 2014. Toray’s customers include the Boeing Co. plant in North Charleston.
Black Water Barrels LLC, which makes barrels for aging bourbon and other spirits, is setting up shop in Bamberg County and creating almost 60 new jobs.
The company announced it is investing almost $4 million in the plant that will make barrels of white oak for bourbon. It will also make barrels of other types of wood for other spirits and wine.
The company is locating at the site of an old automobile dealership in Bamberg and expects to begin operations in the spring. Bamberg County is west of St. George and south of Orangeburg.
Cobb-Vantress Inc., a poultry research and development firm and subsidiary of Tyson Foods Inc., will begin construction on a new feed mill in Laurens County early in 2016. The $22 million investment is expected to be completed around the middle of 2017 and create about 12 new jobs in Joanna. The mill will supply feed to breeder farms in the Carolinas and Georgia.
D&W Fine Pack, which makes products for the food service and food packaging industries, is expanding in the Upstate, where it plans to add 60 new jobs over the next five years.
The company announced it is investing $20 million in its plant in Fountain Inn. The money will be spent on new equipment and on upgrading existing equipment. The company is headquartered in Illinois and employs 1,700 workers in eight states. Hiring for new S.C. positions is expected to begin in summer.
Cypress Creek Renewables said it has taken the first steps toward investing $12 million in solar energy projects in Saluda County. The investments are for a 9-megawatt facility off S.C. Highway 121 and a 4-megawatt facility off Columbia Highway. They are expected to be fully operational by the end of 2016. The company is working in a partnership with Southern Current, which was formed by the recent merger of Sustainable Energy Solutions and Solbridge Energy. One megawatt of solar power is enough to provide energy to about 200 homes.
AGY Holding Corp., a producer of glass fiber yarns and high-strength glass fiber reinforcement materials, is expanding its existing operations and upgrading machinery at its global headquarters in Aiken County. The planned investment is expected to create as many as 80 jobs during the next five years.