News Summary
Cardiff Products Corporation, a Canadian beverage manufacturer, is set to invest $99.6 million to open a new manufacturing facility in West Columbia, Lexington County. This major investment will create 94 jobs and focus on plant-based beverages. Local leaders are optimistic about the economic benefits and community integration that Cardiff Products aims to bring.
Exciting Times in Lexington County: Cardiff Products is Coming to Town!
Big things are happening in Lexington County as Cardiff Products Corporation, a beverage manufacturer with its roots tracing back to Canada, has announced plans to establish a significant new manufacturing facility in West Columbia. This exciting development promises not only to boost the local economy but also to create new job opportunities for residents.
Major Investment Underway
Just recently, the Lexington County Council gave the green light for Cardiff Products to move forward with their ambitious plans. The project is expected to bring a whopping $99.6 million investment over the next five years, marking a major milestone for both the company and the community.
Location, Location, Location!
The new facility will be situated at the address 4810 12th St. Extension in West Columbia, giving it a prime location to tap into local resources and talent. This facility will specialize in the production of plant-based, shelf-stable beverages, catering to the growing demand for healthier drink options among consumers.
Creating Jobs for the Community
One of the most exciting aspects of this project is the potential for job creation. Cardiff Products is expected to generate 94 new jobs, providing valuable employment opportunities for locals. This move is a big win for the community, as new jobs can bring more income and stability for families in the area.
Ready to Get to Work
Cardiff Products has been successful in Canada, operating a highly automated facility that has modernized processes and maximized efficiency. Now, the leaders of Cardiff Products are thrilled to kick off this new endeavor. Work on the site is slated to begin soon, with groundwork and earthwork planned for this year.
Tax Incentives and Economic Cooperation
As part of their agreement, Lexington County has agreed to fees in lieu of taxes, resulting in a special tax agreement designed to keep a favorable business environment for Cardiff Products. This includes locking in the tax assessment ratio and millage rate for the next 30 years, ensuring that the company can operate without the fear of rising taxes in the near future.
Community Integration Matters
Cardiff Products is keen to integrate itself into the local community and has made it clear that they want to uphold their corporate values while contributing positively to the economy. Residents can anticipate a company that not only seeks profits but also cares about the well-being of their neighbors.
The Bigger Picture
This investment is more than just an influx of capital; it’s a sign of growth for the region. The Central SC Alliance Chairman noted the importance of this investment for economic growth in the area. It reflects the ongoing efforts to attract businesses that create jobs and drive innovation.
Community Leaders Show Support
Local officials and the governor of South Carolina have expressed their enthusiastic support for this venture. Their optimism is visible as they see the potential impact of Cardiff Products on the local economy and job market. It is anticipated that their arrival will spark more opportunities and pave the way for further growth in Lexington County.
Exciting Times Ahead
As plans move forward, all eyes are on Cardiff Products and their new manufacturing facility. The excitement surrounding this investment paints a bright future for the residents of Lexington County, who can look forward to the jobs, services, and community engagement that this company aims to offer. The path ahead is surely filled with promise, and the residents can expect nothing but good news as Cardiff Products sets its roots in their charming community.
Deeper Dive: News & Info About This Topic
HERE Resources
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Lexington County Eyes Major Investment as Canadian Beverage Company Plans $100 Million Plant
Canadian Beverage Company Plans $100 Million Manufacturing Facility in Lexington County
Additional Resources
- Greenville Business Magazine
- WLTX News
- Columbia Business Report
- Business Facilities
- Cola Daily
- Wikipedia: Economic Development
- Google Search: Lexington County economic development
- Encyclopedia Britannica: Economic Development
- Google News: Lexington County Cardiff Products
