How Much is Greenidge Investing in RTW South Carolina?

South-Carolina-NILRR

Greenidge Generation Holding is investing a total of $264 million in order to add a new location in Right to Work Spartanburg, South Carolina. In addition, this investment will also create 40 new jobs. So this is exciting news for the area’s economy! It also shows how Right to work states attract great job-creating businesses.

From Area Development Magazine:

“We are extremely excited to announce our commitment to expand our business to Spartanburg, and we’re grateful for the welcome and support we have received from the state and our local community. This is a significant step in Greenidge’s strategy to build upon our unique expertise at new locations across the country. This site is ideal, with an energy mix that is more than 60% carbon-free, opportunities for additional growth and a business-friendly climate. We’re excited to hire great, local talent immediately and support nearby businesses as we grow our company here in South Carolina.†[…]

“To remain globally competitive, it’s imperative to embrace disruptive change and emerging technologies. Today’s announcement by Greenidge Generation is proof that South Carolina has the cutting-edge business environment and talent in place to attract new and innovative industries.â€

AREA DEVELOPMENT MAGAZINE

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