The South Carolina Department of Commerce and Florence County Economic Development Partnership announced Thursday, that Wellman Plastics Recycling will increase its current operations in Florence County.
The $2.5 million investment is expected to generate 50 new jobs over the next two years.
"We are pleased to be able to reinvest in our facility in Florence County. Demand for our products is on the rise. This expansion will allow us to increase our market share as well as position us for future growth. South Carolina has provided us with an excellent business environment and strong workforce. We appreciate all the support we have received from state and local officials," said Robert Taylor, vice president of PET Resin and Fiber for Wellman Plastics Recycling, in a news release Thursday.
The release goes onto say that Wellman Plastics Recycling will add equipment to its current facility in Johnsonville to help increase capacity. This increase in output will also require additional employees. The company expects to make the additions gradually over the next 24 months. The company produces a range of products for the automotive, lawn and garden, consumer products and electronics industries.