News Summary
Lexington County is poised for significant economic growth as ALLTAPE Adhesive Manufacturing Inc. announces plans for a new facility. This marks the company’s entry into South Carolina with a $70 million investment that will create 130 jobs in the local community. Located in Saxe Gotha Industrial Park, the 125,000 square foot facility will manufacture eco-friendly adhesive products. Operations are expected to begin in July 2026, providing a much-needed boost to the local economy.
Exciting News for Lexington County: ALLTAPE to Bring New Jobs and Investment!
Lexington County is buzzing with excitement as ALLTAPE Adhesive Manufacturing Inc. has officially announced its plans to establish a brand new facility right here! This marks the company’s first venture into South Carolina, and what a way to kick things off! With an impressive investment of $70 million, ALLTAPE is set to create 130 new jobs for the local community, which is a fantastic win for everyone involved.
Where’s the New Facility Going?
The new operation will be located in the Saxe Gotha Industrial Park, a prime location that’s set to make waves in the community. The facility will have a sprawling 125,000 square feet of production and office space, giving the company plenty of room to work their magic. This big footprint means that ALLTAPE will not only have the space to manufacture their innovative products, but it also suggests exciting opportunities for local contractors and other businesses involved in the construction and development process.
What Does ALLTAPE Specialize In?
Now, let’s dive into what makes ALLTAPE really stand out. This company is part of the ATP Group, which is based in Germany and specializes in producing sustainable, solvent-free adhesive products. They’re all about being eco-friendly! Some of their game-changing items include water-based adhesives, which are gaining popularity across several sectors. These products will be used in a variety of industries, including automotive, transportation, foam, and plastics, showcasing the versatility of ALLTAPE’s innovations.
When Can We Expect Operations to Begin?
Curious minds want to know when this new facility will be up and running! Operations are expected to kick off in July 2026, which means a bit of a wait, but goodness, it will be worth it! The excitement surrounding these upcoming jobs and investments is already palpable in the community, and who wouldn’t be looking forward to a much-needed economic boost?
A Note from Local Leaders
Local officials are thrilled about ALLTAPE’s decision to set up operations in Lexington County. The investment is expected to make a significant impact on the local economy, and leaders are already eyeing the positive changes this could bring. It’s a fantastic opportunity for the community, and you can bet everyone’s fingers are crossed for an exciting future.
Supporting the Local Economy
The **Coordinating Council for Economic Development** is backing this project with job development credits, which is great news for the local job market. In addition, Lexington County has secured a $600,000 Set-Aside grant to assist with site preparation and building construction costs. This extra funding will go a long way in ensuring that the facility reaches its full potential as it becomes an integral part of the local economy.
Central SC Alliance Weighs In
It’s clear that ALLTAPE’s roots will be well-planted in Lexington County, with local leaders pointing out that the arrival of this company will contribute positively to the region’s industries and overall economy. With new jobs on the horizon and a fresh wave of investment coming in, Lexington County is genuinely on the verge of exciting changes and growth!
So, here’s to new beginnings for ALLTAPE and all the benefits that come with it for Lexington County! Let’s celebrate the future and all the opportunities that lie ahead!
Deeper Dive: News & Info About This Topic
HERE Resources
ALLTAPE to Open New Manufacturing Plant in Lexington County
Additional Resources
- Columbia Business Report: ALLTAPE to Enter SC Market
- The State: Economic Development News
- Greenville Business Magazine: Midlands Economic Development
- Wikipedia: Economic Development
- Google Search: Lexington County SC news
