Samsung to open $380 million manufacturing plant in Newberry County
June 28, 2017
Samsung, one of the world’s leading technology companies, is opening a new home appliance manufacturing facility in Newberry County. The $380 million facility will produce some of Samsung’s most popular, industry-leading appliances and generate more than 950 new jobs over the next three years.
Established in 1969 and employing nearly half a million people worldwide, Samsung has transformed the worlds of TVs, smartphones, wearable devices, cameras, digital appliances, network systems and more. Over the last 40 years, Samsung Electronics’ U.S. subsidiary, Samsung Electronics America, has steadily expanded its footprint in the U.S., creating thousands of high-skilled jobs and investing in cutting-edge manufacturing.
Located at 284 Mawsons Way in Newberry, S.C., Samsung will be locating its new operations in the former Caterpillar facility. When fully operational, the plant will employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other technical and non-technical positions. Manufacturing is expected to begin in early 2018.
“For nearly 40 years, Samsung has steadily expanded our operations in the United States, creating thousands of jobs and investing billions of dollars in cutting-edge manufacturing facilities, research and development. With this investment, Samsung is reaffirming its commitment to expanding its U.S. operations and deepening our connection to its American consumers, engineers and innovators who are driving global trends in consumer electronics,” said Samsung Electronics America President and CEO Tim Baxter.
The Coordinating Council for Economic Development has approved job development credits related to this project.
“Samsung’s decision to invest in South Carolina and create nearly 1,000 new jobs here is one that will change the very fabric of the Newberry community. We are excited to know that Samsung will now be an important partner in ushering in an unprecedented period of economic growth and prosperity in our state,” said Gov. Henry McMaster.
FIVE FAST FACTS
- Samsung is opening a new $380 million manufacturing plant in Newberry County.
- More than 950 jobs will be created over the next three years.
- Samsung will be producing state-of-the-art home appliances and engaging in research and development.
- The company will be moving into the former Caterpillar plant at 284 Mawsons Way in Newberry, S.C.
- The facility is expected to be operational in early 2018.
About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. In three of five years, IBM-Plant Location International reports ranked South Carolina first in the nation for attracting jobs through foreign investment, per capita. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012, 2014 and 2015. For more information, visit www.SCcommerce.com.
