A German manufacturer of adhesive and insulating tapes plans to locate its first American plant in Rock Hill, South Carolina commerce officials announced Wednesday.
Coroplast Tape Corporation plans to invest $12 million into an existing production facility in York County, according to an announcement from the South Carolina Department of Commerce. The company expects the move to create 150 new jobs.
The York County facility will be the company’s first in the U.S., according to the release. The company will manufacture a range of adhesive and insulating tapes used in the automotive industry. It hopes to start operations by summer 2014.
“After an extensive search by our site location consultants at Development Advisors LLC, we found the right location for our initial U.S. manufacturing operations in York County,” Coroplast president Marcus Söhngen, said in a statement. “South Carolina provides us with an excellent business environment and the workforce talent we require to be successful. We appreciate all the support we’ve received from state and local officials in bringing this project to fruition.”
“In the last 20 years, South Carolina’s manufacturing sector has transformed from being concentrated in textiles to being a leader in the automotive industry,” said state Secretary of Commerce Bobby Hitt. “The Palmetto State has also seen investment from foreign companies grow. Today’s announcement by Coroplast builds on our state’s success in those two areas, and shows that South Carolina is just right for business.”
The new facility will be located in a speculative building constructed by York County last year at the Antrim Business Park in Rock Hill.