Company to increase their investment to $93 million with 25 new jobs
[CHESTER COUNTY, S.C., January 7, 2025] – Luck Companies, a provider of crushed stone aggregates and environmental performance products, today announced it is growing its quarry operations across South Carolina. The company will develop new sites in Chester, Edgefield, Saluda and Spartanburg counties and expand its existing sites in Fairfield and Kershaw counties. The combined investment of $450 million will create 70 new jobs. In regard to Chester County, the company will invest $93 million to develop a new site that will create 25 new jobs. Along with the quarry component, the site will include acreage dedicated to agricultural education and a multi-use, economic development portion.
Founded in 2023 and headquartered in Virginia, Luck Companies provides materials and services through its three business units: Luck Stone, Luck Ecosystems and Luck Real Estate Ventures. The company serves as a partner for customers in the construction, civil engineering and environmental industries. Individuals interested in joining the Luck Companies team should visit the company’s careers page.
QUOTES
“Our growth strategy is about expanding the reach of our people-focused mission. We believe in creating opportunities for our associates, and for those in the community. Our goal is to have a positive impact across the new communities we’re joining, including the counties of Chester, Edgefield, Fairfield, Kershaw, Saluda and Spartanburg.”
-Luck Companies Chief Growth Officer Joe Carnahan
“Luck Companies’ decision to expand throughout the state showcases the opportunity and success that can be found in every corner of South Carolina. We celebrate Luck Companies’ ongoing investment, job creation and the impact the company continues to make in communities across our state.”
-Gov. Henry McMaster
“We are proud to have Luck Companies as a part of South Carolina’s vibrant business community. This $450 million investment, which will have a significant impact in six South Carolina communities, is another reason to celebrate in our state. Congratulations to Luck Companies on this exciting announcement.”
-Secretary of Commerce Harry M. Lightsey III
FIVE FAST FACTS
- Luck Companies is growing its quarry operations across South Carolina.
- The combined investment of $450 million will create 50 new jobs.
- Luck Companies is a provider of crushed stone aggregates and environmental performance products.
- The company will develop new sites in Chester, Edgefield, Saluda and Spartanburg counties and expand its existing sites in Fairfield and Kershaw counties.
- Individuals interested in joining the Luck Companies team should visit the company’s careers page.
About Chester County Economic Development
Created by Chester County in 2004, the mission of Chester County Economic Development (CCED) is to create an environment that supports existing industry expansion, encourages new industry investments, fosters entrepreneurialism and welcomes visitation by others – all of which support the provision of public services and otherwise improves each citizen’s prosperity and overall quality of life. Since 2020, CCED has been responsible for 31 announcements with $2.55 billion in new capital investment and the creation of 1,507 jobs. For more information, visit https://choosechester.com/.
We are delighted by Luck Companies’ commitment to invest $93 million on 277 acres in Chester County that will create 25 new jobs. To be a good neighbor they even purchased an adjacent 90 acres and down zoned that parcel to agricultural to provide an additional buffer. This project is expected to lower both aggregate material and construction costs in our community. We are looking forward to seeing them breaking ground in the future.
Luck Companies’ commitment to invest $93 million in Chester County represents an increase of $57.9 million over their original plans. I am most excited about is their plans to develop a 75-acre business park, plus set aside another 15 acres for future economic development use. This will support the development of small and mid-size industrial and commercial buildings that are greatly needed in our growing community.
We are thrilled by Luck Companies’ plans to invest in the I-77 region. Between Chester and Fairfield counties, Luck Stone will invest $183 million and create more than 25 new jobs. These plans include a new quarry in Chester and an expansion of an existing one in Fairfield. The corridor between Columbia to Charlotte will be well-positioned for aggregate material for decades to come.