News Summary
Cardiff Products Corporation, a family-run business, has made waves in Lexington County by announcing a $99.6 million investment to establish its first U.S. manufacturing facility. Located in Saxe Gotha Industrial Park, the state-of-the-art site will focus on producing shelf-stable, plant-based beverages. This project is not only expected to create 94 jobs with competitive salaries but also marks a significant development in the local economy. The partnership reflects South Carolina’s welcoming environment for international companies, promising a bright future for the community.
Exciting News for Lexington County: Cardiff Products Corporation is Onboard!
Lexington County is buzzing with excitement as the family-run Cardiff Products Corporation has just made a huge announcement that could transform the local economy! The company has chosen this vibrant area of South Carolina for its very first operation in the United States, bringing an eye-popping $99.6 million investment that is set to unfold over the next five years.
A State-of-the-Art Manufacturing Facility
Thanks to the green light from the Lexington County Council, workers will soon break ground on a modern manufacturing facility located in the bustling Saxe Gotha Industrial Park. This isn’t just any manufacturing site; it will be equipped with cutting-edge technology aimed at producing high-quality, plant-based beverages that are shelf-stable, catering to the booming North American market.
New Job Opportunities Galore
And here’s the cherry on top—this exciting new facility is projected to create 94 brand new jobs for local residents. These aren’t just any jobs; they will offer salaries at or above the county’s average wage, bringing good news to those looking to join a growing sector in the job market.
High-Quality, Plant-Based Beverages
Cardiff Products has made a name for itself by specializing in innovative beverages made from plants. The company, established only four years ago in 2019, currently operates an automated facility in Ontario, Canada. The team is clearly optimistic about the future and is ready to set up shop at their new location at 4810 12th St. Extension in West Columbia, SC.
Smart Financial Agreements
In a savvy move to sweeten the deal, Cardiff Products will enjoy fees-in-lieu of taxes as part of their agreement with Lexington County. This arrangement means that for the next 30 years, they’ll lock in assessment ratios and millage rates, allowing the company to focus its resources on ramping up production and hiring new employees.
To keep everything above board, Cardiff Products is committing to submit regular financial reports to the South Carolina Department of Revenue. This is essential for maintaining their tax agreement and ensuring that they abide by the investment compliance rules established by the county.
Community Focus
Everyone, from county officials to local stakeholders, seems confident in the prospective partnership with Cardiff Products. They believe that the strong local workforce combined with robust education and training programs played a pivotal role in attracting the business. The compatibility appears promising, giving everyone in the community a reason to feel positive about the future.
Looking Ahead
The arrival of Cardiff Products is not just about creating jobs—it reflects the ongoing trend of South Carolina being a welcoming home for international companies looking to expand their operations within the United States. There’s a palpable sense of optimism in the air as this venture begins to take shape, signaling a bright new chapter for Lexington County.
Join in the Excitement!
With all this buzz in the air, it’s hard not to feel excited about what’s coming next. The folks at Cardiff Products see themselves as more than just a business; they are looking forward to becoming a cherished part of the Lexington community and contributing to its thriving economy. Buckle up, Lexington County—the future looks prosperous!
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HERE Resources
Big News for Lexington County: Cardiff Products Corp. to Invest $100 Million in New Beverage Plant and Create 100 Jobs
Canadian Beverage Company Plans $100 Million Investment in Lexington County with New Manufacturing Facility
Cardiff Products Set to Invest $100 Million and Create 100 Jobs in Lexington County
Additional Resources
- ABC Columbia
- Cola Daily
- Business Facilities
- WLTX
- Post and Courier
- Wikipedia: South Carolina
- Google Search: Cardiff Products
- Google Scholar: Beverage Manufacturing South Carolina
- Encyclopedia Britannica: Cardiff Products
- Google News: Cardiff Products Lexington County