Specialty packaging company CCL Industries Inc. is expanding its manufacturing operations in Laurens County, SC with a $30 million investment in its CCL Label DES division.
The investment will enable the company to construct a 36,000-square footage addition to their existing facility at a business park in Clinton, SC.
The project is expected to create 98 new jobs over the next five years, and will result in the retention of jobs at the existing facility which became a part of CCL Industries through the July 2013 acquisition of Avery Dennison’s Designed & Engineered Solutions (DES) business.
CCL Industries Inc. (TSE:CCL.B), with corporate offices in Toronto, Canada and Framingham, MA, already employs approximately 10,400 people and has 99 production facilities in 28 countries around the world.
The South Carolina Coordinating Council for Economic Development has approved job development credits for the CCL Label expansion project.
In a press release announcing the project, Gov. Nikki Haley said that “It truly is a testament to the hardworking and skilled workforce we have in South Carolina when an international company like CCL chooses to expand here.”
Secretary of Commerce Bobby Hitt added that this announcement continues an excellent trend witnessed over the last several years of companies growing their businesses in South Carolina. Sec. Hitt added that company expansions comprised more than half of all new capital investment committed last year.
Al Green, VP Technology Development, CCL, said that the Clinton site, its management team and the skilled and reliable workforce made it an easy decision to help grow the Southern U.S. corridor for many of the products they manufacture globally.
CCL Label is also getting local tax incentives though a fee-in-lieu-of-taxes agreement with Laurens and Greenville Counties. The FILOT agreement required the counties to pass ordinances authorizing the joint development of a business and industrial park for the project, referred to previously as Project Picket Fence. They also had to authorize the amendment of an already existing ordinance to alter the distribution of funds regarding the joint-county parks.
Jim Coleman, chairman of the Laurens County Council and Laurens County Development Corporation, said in the release that existing industries in Laurens County are vital to their economic development effort. Coleman added that every time one of them expands, it is proof that Laurens County is a great place for business and industry to grow and prosper.