Birla Carbon announces $1 billion investment to build production facility in Orangeburg, South Carolina
October 8, 2024
Birla Carbon announced plans to build a $1 billion production facility at the Tri-County Global Industrial Site (TCGIS) in Orangeburg, SC. The facility will create 124 jobs when fully operational.
The decision comes after nearly two years of site evaluations and negotiations between all partners. Birla Carbon will build a 435,000-square-foot facility at the Tri-County Industrial Site, which includes a 45-acre building pad ready site. This pad ready site allows for immediate construction, helping Birla save on site development costs and reducing the time needed for site preparation.
TCGIS is owned and has been developed by Tri-County Electric Cooperative. In addition, the South Carolina Power Team is an investment partner through its Site Readiness Fund (SRF). Since 2014, the South Carolina Power Team, the economic development organization for South Carolina’s 19 electric cooperatives, has invested nearly $70 million in sites across the State. This announcement is the reflection of the intent of SRF – to invest financial resources with other partners to deliver market ready sites for potential industrial users.
Chad Lowder, CEO of Tri-County Electric Cooperative, stated, “We are thrilled to welcome Birla Carbon to the Cooperative family. This project reflects the strategic investments Tri-County Electric Cooperative has made in infrastructure and site development in Orangeburg County. The job creation and investment in our community will not only boost our local economy but also highlight our commitment to fostering growth and innovation in the region.”
Barbara Weston, Chair of Tri-County Electric Cooperative, stated, “Birla’s investment in our state will drive unprecedented industrial growth, enhance the capabilities of our system and create valuable career opportunities for those we serve.”
About South Carolina Power Team
The South Carolina Power Team is powering growth in electric cooperative territory. It is a full-service, non-profit economic development organization representing the state’s 19 consumer-owned electric cooperatives.
The South Carolina Power Team was created by and for its members. The services they provide and the role they play in preparing communities for growth, investment attraction and job creation have been carefully crafted to play a critical role in the economic development process.
