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JN Fibers Inc. locating facility in Chester County
$45 million investment expected to create 318 new jobs
September 25, 2013
COLUMBIA, S.C. – September 25, 2013 – JN Fibers Inc., a manufacturer of recycled polyester staple fiber products, is establishing a new manufacturing facility in Chester County. The $45 million investment is expected to generate 318 new jobs.
"We are pleased by the opportunity to establish new operations in Chester County. South Carolina is the perfect fit for our business' needs. With an excellent business environment and access to markets, as well as top-notch workforce talent, we look forward to getting our operations in Richburg up and running. We appreciate all the support we've received from state and local officials," said, Mark Bachner, senior vice president of operations for JN Fibers Inc.
Headquartered in Zhejiang, China, JN Fibers Inc. will establish its new production facility in an existing building at 1247 Frederick Drive in Richburg. The new plant will recycle discarded soda and water bottles and transform them into recycled polyester staple fibers for use in home textiles, furniture, upholstery and automotive industries.
"Today's announcement is another big win for one of our state's rural areas. We celebrate JN Fibers' decision to invest $45 million and create 318 new jobs in Richburg. This announcement shows that South Carolina has done the right things to be competitive on the global stage," said Gov. Nikki Haley.
The company plans to upfit the existing building as well as add building space on the facility's campus, for a total of 600,000 square feet. The JN Fibers plant is expected to begin operations in the third quarter of 2014 and hiring for the new positions in the second quarter of 2014.
"South Carolina's manufacturing renaissance is getting a big boost from today's announcement by JN Fibers. Every one of these new jobs will have an impact in Chester County and throughout the state. We welcome JN Fibers to South Carolina, and look forward to the company's success here," said Secretary of Commerce Bobby Hitt.
Since January 2011, South Carolina has recruited more than $9 billion in capital investment and more than 26,000 jobs in the manufacturing sector.
"It is an exciting day for everyone in Chester County as we celebrate the addition of an outstanding new corporate citizen that will provide quality, good-paying jobs for the citizens in our community. JN Fibers' decision to locate here is another sign that our economic development efforts are paying real dividends in attracting world-class companies and new job opportunities," said Chester County Supervisor R. Carlisle Roddey.
"We are delighted and very proud JN Fibers made the decision to ‘Choose Chester' County for their new location," said Mike Enoch, chairman of the Chester Development Association. "Their decision to locate here is a testament to the quality of our community and the determination of the team that worked to make this investment possible."
"The South Carolina Ports Authority welcomes JN Fibers to the state as a valued customer and user of Charleston Harbor," said Jim Newsome, president and CEO of the South Carolina Ports Authority. "We wish them much success as they locate in Chester County and we look forward to facilitating the growth of their business."
"JN Fibers Inc appreciates Mr. Ling Xinwei (John Ling) from the South Carolina Department of Commerce China Office for guiding us through the process and helping us get to know South Carolina and making the project a reality," Bachner added. "Everyone at the Department of Commerce and the Governor's office has been so helpful during the site selection."
JN Fibers Inc. will operate the factory and market their products under their subsidiary Sun Fibers LLC.
The Coordinating Council for Economic Development approved a rural infrastructure grant of $800,000 and approved job development credits.
About S.C. Department of Commerce
As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing businesses grow. Commerce won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012. Also, the state was ranked first in attracting jobs through foreign investment by IBM-Plant Location International. Commerce has been part of recruiting world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, Heinz, ZF Group, BMW and Google Inc. Commerce supports small and existing business, rural development initiatives and offers grants for community development. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. For more information about Commerce, visit www.SCcommerce.com.