Albemarle Corporation Makes Major Investment in Right to Work South Carolina

Albemarle Corporation is making a major investment in Right to Work Chester County, South Carolina in order to establish a new facility. In fact, they plan to invest a total of $1.3 billion toward the project! They will also be creating 300 new jobs. So this is exciting news for the area’s economy!

From Area Development Magazine:

“Albemarle is focused on meeting growing customer demand and this investment is part of our global commitment to transforming essential resources into critical ingredients that enable a more resilient world. We wanted a location with access to nearby rail and port transportation and the availability of skilled workers. We’re excited to have chosen South Carolina and to be closer to our customers as the supply chain is built out in North America.” […]

“Albemarle is a global leader in providing products and solutions that help advance innovation. The company’s significant investment in Chester County demonstrates to the world that South Carolina is poised to support resilient energy operations, especially the growing electric vehicle supply chain.” […]

“SC Ports is proud to support the fast-growing electric vehicle sector by providing efficient operations, reliable service and speed-to-market. Albemarle Corporation’s significant investment further expands the state’s electric vehicle capabilities and builds on the global connectivity within the Interstate-77 market.” […]

“We are excited to welcome Albemarle to the I-77 region! Albemarle is a great fit for Chester County, which offers dual-rail capabilities through the L&C Railroad, a labor shed of 1.3 million people, and the ability to serve virtually any industrial natural gas load. With this announcement, the I-77 Alliance region is quickly becoming a corridor of R&D and innovation within the EV industry. We look forward to working with Albemarle as they establish operations in Chester County.”

AREA DEVELOPMENT MAGAZINE

To read the previous economic update on Right to Work states, click here.