Green Tech Solution, Inc will invest $75 million to establish new recycling operations in Blacksburg, SC. The project is expected to create approximately 200 new jobs in Cherokee County.
“We could not be more excited to locate our new recycling operations in Cherokee County, a location that has everything we need for our investment to succeed,” said Green Tech Solution, Inc CEO Richard Yang. “None of this would be possible without the assistance of the local and state allies that have supported our new endeavor.”
Green Tech Solution’s new recycling operation will collect and process a variety of materials, including plastics, scrap metal, electronics and more. The company is a subsidiary of Tianjin Sheng Xin Non-Financing Guarantee Co., Ltd., headquartered in Tianjin, China. The new recycling facility is expected to come online in the second quarter of 2019.
“South Carolina has been attracting business from all over the world for years because we have worked hard to create a business-friendly climate and a workforce that is second to none,” said Gov. Henry McMaster. “We’re thrilled that Green Tech Solution, Inc has chosen to join the ranks of international companies that call our state home and look forward to many years of success.”
The Coordinating Council for Economic Development approved job development credits related to the project.
“South Carolina’s recycling industry continues to enjoy tremendous growth, and foreign investment has played a large role in this,” said Secretary of Commerce Bobby Hitt. “I welcome China-based Green Tech Solution, Inc to Team South Carolina and look forward to seeing the difference these 200 new jobs will make in the Cherokee County community.”
“Cherokee County welcomes Green Tech Solution to our community,” said Cherokee County Council Chairman Tim Spencer. “Their investment of $75 million and the creation of 200 new jobs will greatly increase the standard of living for many Cherokee County residents. We appreciate Green Tech Solution, Inc selecting Cherokee County for the project and bringing new life to one of our available industrial buildings.”
Relocating or Expanding Your Business In South Carolina
Considering South Carolina for your company’s relocation or expansion project? Check out Business Facilities’ South Carolina Incentives and Workforce Development Guide.