China-based JN Fibers Inc., a manufacturer of polyester staple fiber products which will be made from recycled soda bottles, has announced it will invest $45 million to establish a manufacturing facility in Chester County.
A press release from the South Carolina Department of Commercce said the new facility will employ 318 workers. It will be located in an existing building near Interstate 77 roughly halfway between Chester and Lancaster.
Senior Vice President of Operations for JN Fibers Mark Bachner praised South Carolina leaders for the state’s business environment and workforce.
“We are pleased by the opportunity to establish new operations in Chester County. South Carolina is the perfect fit for our business’ needs,” Bachner said in a statement. “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.”
When South Carolina Radio Network contacted the company, Bachner said he could not give any further comments beyond the press release.
Hiring is expected in the second quarter of 2014 and operations are expected to begin by next summer. The facility will operate under the name Sun Fibers LLC.
The Department of Commerce did not say what, if any, incentives JN Fibers would receive. Chester County Economic Development director Karlisa Parker said the company was not eligible for a traditional fee-in-lieu of taxes agreement, as the building was already on the county’s tax rolls (it was previously a textile plant owned by F.Schumacher & Company). However, she said JN Fibers would be taxed at the equivalent of a 6% fee-in-lieu.
“We’re going to have an opportunity to put people back to work on a larger scale than 50 here or 100 there,” she told South Carolina Radio Network. “It’s going to be wonderful to see that place bustling again.”