A pharmaceutical company has announced that it will locate its new facility in Clarendon County, according to the state Department of Commerce.
Spirit Pharmaceuticals, a maker of generic pharmaceuticals for retailers such as Walgreens, Dollar Tree and CVS, announced Wednesday that it will build a new packaging and manufacturing plant in Summerton. The $12.2 million project is expected to generate 296 new jobs, the company said.
“South Carolina offers us an excellent business climate, a talented workforce and the infrastructure we need to be successful. We appreciate all the support we’ve received from state and local officials,” Spirit Pharmaceuticals CEO Ajoy Joshi said in a statement Wednesday.
The new company will occupy the former Federal Mogul building located at 9104 Alex Harvin Hwy. Company officials say the plant is expected to be operational in 2014.
The Governor’s Office also reported that this new addition means South Carolina has now recruited more than 2,000 jobs and more than $400 million in capital investment in the life sciences industry since 2011.