Colliers | South Carolina’s industrial brokerage teams in Columbia and Greenville-Spartanburg represented Blue Diamond Industries in the leasing of a 190,192-square-foot industrial building at 877 Torrington Road in Clinton, SC.
This location will establish a micro-dust production operation in the Southeast United States which will enable the manufacturing of essential infrastructure by providing protection of fiber, data and power cables. Blue Diamond’s parent company, Hexatronic Group AB, is investing $18 million in equipment and infrastructure to produce conduit and pipe products. Additionally, the plant will serve as a logistics hub for the company’s FTTH (Fiber To The Home) system for the United States. The company plans to have the plant fully running by the third quarter of 2022.
Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles from the Colliers office in Columbia and Garrett Scott, SIOR, John Montgomery, Brockton Hall, SIOR and Dillon Swayngim from the Colliers office in Greenville-Spartanburg collaborated to conduct a four-state search. Blue Diamond choose this facility in Clinton because of the facility’s existing infrastructure, the strong labor market in Clinton and the pro-business climate in South Carolina.
“Blue Diamond’s expansion in Clinton represents an increase of their U.S. capabilities and the adaptation of the tremendous amount of internet connectivity that’s underway across the country,” said Salley. “Their presence in South Carolina and distribution capabilities across the Southeast will support the growth of high-speed internet to all parts of the country as envisioned by the 2021 Infrastructure Bill.”
“Blue Diamond needed access to rail to import the raw materials for their products. It was a challenge in this tight market to find an existing building with rail access,” said Beard. “While this site is not directly served by rail, we were able to find a nearby site and negotiate with Carolina Piedmont railroad to create an offload facility specifically for Blue Diamond so they can get the product to their facility in a cost-efficient manner.”
“This new location ensures Blue Diamond Industries and Hexatronic US have the necessary capacity to support the needs of the rapidly transforming and growing US network infrastructure, enabling the scalability of our HDPE protection conduit and the US expansion of Hexatronic’s FTTH network solutions,” said Will Jensen, CEO of Blue Diamond Industries LLC. “This manufacturing location will be providing FTTH and HDPE protection conduit solutions that empower the community’s economic viability through internet infrastructure.”
877 Torrington Road is a former wood flooring manufacturing building located on 52 acres in Laurens County. It offers ample room for expansion and includes 13 truck docks and three drive-in doors to serve logistics requirements.
Blue Diamond Industries, a member of the Hexatronic Group of Sweden, is headquartered in Lexington, KY with manufacturing facilities in Middlesboro, KY and Aubrey, TX. Blue Diamond Industries is a valued market leader in providing HDPE (High Density Polyethylene) conduit solutions for the protection of fiber optic, data and power cables. Blue Diamond’s conduit solutions are installed through horizontal directional drilling, plowing and through traditional trenching methods, supporting a wide range of market applications from residential, power utility, cable television, broadband, commercial and industrial, Department of Transportation and the U.S. infrastructure investment nationwide.
Hexatronic Group AB develops, markets and delivers products, components and system solutions with the main focus on the fiber optic market. Hexatronic offers a wide range of innovative system and product solutions mainly for passive fiber optic infrastructure with global trademarks like Matrix, Viper, Stingray, Raptor, InOne, Drytech™, Lightmate®, Skyline and Wistom®. The Group has its headquarters in Gothenburg, Sweden and has sales offices and/or subsidiaries in Sweden, Norway, Denmark, Finland, United Kingdom, the Netherlands, Italy, Estonia, Latvia, Lithuania, Germany, China, New Zealand, Australia, United States and Canada. The Group is listed on Nasdaq Stockholm under the ticker HTRO. For more information, visit https://group.hexatronic.com/
Colliers | South Carolina has over 140 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2021 brokerage volume exceeded $1 billion, which included over 590 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina, with a portfolio of over 17 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold 54 professional designations, the most of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina and set a new record by managing a portfolio of projects approaching $1 billion in volume during 2021.
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