NorthMark Strategies selects Spartanburg County to establish first South Carolina operation

Company investing $2.8 billion in high-performance computing center

NorthMark Strategies (NorthMark), a multi-strategy investment firm, has selected Spartanburg County to establish the company’s first South Carolina operation. The $2.8 billion investment will create at least 27 new jobs and is expected to utilize regional businesses and suppliers for regular maintenance and operations support.

NorthMark provides strategic advice, asset management and value-added services to privately owned companies around the world. The Spartanburg facility will be the company’s fifth U.S. operation.

NorthMark’s new operation, located at 4000 South Pine Street in Spartanburg, will serve as a state-of-the-art, high-performance computing (HPC) center designed to support a portfolio of businesses in the engineering and technology sectors. Once operational, the facility will generate its own power on-site, ensuring minimal impact on the power grid.

“Of the more than 100 locations across the country we considered, Spartanburg stood out for its strong community, skilled workforce, dynamic economy and strategic advantages. Our investment in this high-performance computing center solidifies our commitment to building for future growth and being prepared to meet the growing demand for HPC capabilities among our current and future investment partners head-on.” -NorthMark Strategies President Jen Byrne

Initial operations are expected to be online in the third quarter of 2026 with further development phases to follow. Individuals interested in joining the NorthMark team should visit the company’s careers page.