Through a combined 7,100 new jobs and $800 million in capital investment, Monday marked the largest employment announcement for a single day in South Carolina’s history.
Gov. Nikki Haley joined elected officials, economic development professionals and company representatives to announce plans for three businesses to establish facilities in the Palmetto State.
Giti Tire announced plans to build a new manufacturing plant in Chester County, creating 1,700 new jobs. The Lash Group Inc. plans to bring 2,400 jobs to South Carolina by establishing their national headquarters in York County, and LPL Financial LLC will also establish a headquarters in York County, resulting in an additional 3,000 new jobs. The 3,000 jobs announced by LPL Financial will represent the single biggest announcement in the county’s history.
Gov. Nikki Haley said the announcement was huge for the state. “It doesn’t get any bigger or better,” she said.
Although the Palmetto State’s job participation rate remains at 57.9 percent, the lowest of any state except Mississippi, West Virginia, Arkansas or Alabama, South Carolina’s number of employed persons continues to increase under Haley.
Including Monday’s announcements, a total of 56,239 jobs and $13.6 billion in capital investment have been announced since Haley took office in January 2011, said the governor’s office in a statement.
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Details of today’s announcement:
Giti Tire – 1,700 jobs, $560 million, Richburg, S.C.
The Lash Group – 2,400 jobs, $90 million, Fort Mill, S.C.
LPL Financial – 3,000 jobs, $150 million, Fort Mill, S.C.
SC Statistics:
$13.6 billion – Economic development investment announced in South Carolina since 2011.
56,239 – New jobs announced by Gov. Haley since January 2011.
31,220 – New manufacturing jobs announced by Haley since January 2011.
374 – Projects announced statewide since January 2011.
290 – Manufacturing expansions and openings announced since January 2011.
216 – Expansions announced since January 2011.
158 – New facility projects announced since January 2011.
