sam patrick posted an article$30 million bio-ag investment to create 107 new jobs see more
Yield Scientific, a subsidiary of GEM Opportunity Zone Fund, today announced plans to establish operations in Hampton County. The company’s more than $30 million investment is projected to create 107 new jobs.
Founded in 2017, Yield Scientific is a hemp growing and processing operation that specializes in clinical-grade product development for the health care industry. Through its brand, Victis CBD, the company offers CBD products developed with high quality standards and advanced science.
Located at Southern Carolina Industrial Campus in Early Branch, Yield Scientific’s new facility will enhance the company’s product development and manufacturing capabilities.
The new operations are expected to be online by the first quarter of 2021. Individuals interested in joining the Yield Scientific team should visit https://www.yieldsci.com.
The Coordinating Council for Economic Development has approved job development credits related to this project. Hampton County was also awarded a $50,000 Rural Infrastructure Fund grant to assist with costs related to this project.
“We are very pleased to join the Hampton County community of corporate citizens. Through Yield Scientific and the Victis CBD brand, we will invest over $30 million and create 107 jobs in a pharmaceutical-grade growing and processing complex within the Southern Carolina Industrial Campus in Early Branch. Our project would not have happened without the support and work of the SouthernCarolina Alliance team, the Department of Commerce, the Department of Agriculture and Hampton County.” -GEM Opportunity Zone Fund CEO Zeb Portanova
“We’re thrilled that Yield Scientific has chosen to invest in South Carolina’s growing hemp industry and her people, creating more than 100 good jobs in one of our state’s rural gems.” –Gov. Henry McMaster
“Our approach to creating a business-friendly environment for all types of companies continues to pay off, and Yield Scientific’s investment in Hampton County is a testament to that. I look forward to watching the company thrive here for many years to come.” -Secretary of Commerce Bobby Hitt
“Yield Scientific is a wonderful addition to South Carolina’s burgeoning hemp industry. Their greenhouse operations and processing capacity will create skilled agriculture jobs – and in an Opportunity Zone, no less.” -Commissioner of Agriculture Hugh Weathers
“We are both proud and grateful that this innovative company has chosen Hampton County as the home for their new operation. Each of the 107 jobs they are creating will affect the future of a family in our region, which is why economic development is so important to the quality of life in a community.” -Hampton County Council Chairman Clay Bishop
“Hampton County welcomes Yield Scientific to the Southern Carolina Industrial Campus. We are thrilled to have a state-of-the-art agribusiness producing food and nutrition products in Early Branch.” -Hampton County Economic Development Commission Chairman Bill Hager
“The visionary leadership of Yield Scientific and the GEM Opportunity Zone Fund will bring job opportunities and investment to our region while supplying the global food network with agricultural products grown through advanced scientific protocol. We believe this kind of innovation is more important than ever to our regional and state economies in the coming years.” -SouthernCarolina Alliance Chairman Marty Sauls
sam patrick posted an articleItalian BioAg Firm Valagro launches $14 million production facility in Orangeburg County, SC see more
COLUMBIA, S.C. – Valagro, a producer of biostimulants and fertilizers for the agriculture industry, is launching its new production operations in Orangeburg County. The company’s $14 million investment is projected to create 47 new, high-skilled jobs.
Founded in 1980 and headquartered in the Abruzzo region of Italy, Valagro is a global leader in the world of biostimulants. The company specializes in the production and marketing of specialty nutrients for use in agricultural production and other industrial applications. Valagro operates through its 12 subsidiaries and owns a commercial network covering more than 80 countries worldwide. Providing innovative and effective solutions for plant nutrition and care, the company’s mission is to increase the quantity and quality of plants and harvested crops while enhancing productivity and reducing environmental impact.
Located at 397 Millennium Drive in Orangeburg, S.C., Valagro’s new, 65,000-square-foot Orangeburg County facility is expected to come online in the third quarter of 2019. Construction is expected to begin in the fourth quarter of 2018.
For more information on Valagro, visit the company’s website at https://www.valagro.com/en.
The Coordinating Council for Economic Development has approved job development credits, as well as a $100,000 Rural Infrastructure Fund grant to Orangeburg County to assist with the costs of building construction.
“The construction of this U.S. production facility greatly supports our ability to better serve some of the most strategically-important markets, such as the U.S., Canada and Mexico. This means fully implementing Valagro’s principle of putting the customer in the center; the new facility will allow us to improve our ability to meet customers’ needs by providing them with a wide range of sustainable and effective nutritional solutions.” –Valagro CEO Giuseppe Natale
“Today, we celebrate yet another international firm choosing to do business in South Carolina, a further testament to our business-friendly climate and well-trained workforce. I congratulate Valagro and Orangeburg County on this terrific new partnership and look forward to watching it thrive for years to come.” –Gov. Henry McMaster
“When a new business comes to South Carolina, it speaks volumes not only about our business climate, but also about our workforce. I am excited to see what the future has in store for Valagro and their new home in Orangeburg County.” –Secretary of Commerce Bobby Hitt
“We welcome Valagro to South Carolina and to Orangeburg County. Valagro is joining one of the state’s top industries, and we’re eager to share our agribusiness-friendly climate with this international company as it builds its new U.S. production facility.” –S.C. Agriculture Commissioner Hugh Weathers
“South Carolina Ports Authority welcomes Valagro to our state and looks forward to serving its import needs. The Port plays an important role in the international supply chains of manufacturers across our state, and we look forward to supporting their addition to our growing economy.” –S.C. Ports Authority President and CEO Jim Newsome
“Orangeburg County welcomes Valagro to our community. We are grateful they have chosen Orangeburg County as your first manufacturing facility in the U.S. It is a testament to our skilled workforce, location and pro-business environment. We thank Valagro for their investment in our county and our citizens.” –Orangeburg County Council Chairman Johnnie Wright Sr.
“I join with the Orangeburg City Council in welcoming Valagro, a leader in the production and marketing of biostimulants and specialty nutrients. Their commitment is a positive reflection of our workforce and will provide quality careers for our citizens. By creating these jobs, 47 families will benefit, and our community will continue to prosper. We look forward to working with the company and celebrating its success.” –Orangeburg Mayor Michael C. Butler
“We’re delighted that Valagro has selected Orangeburg County for its next facility. The company’s expansion into Orangeburg County is a boon for the local economy and workforce and further confirms South Carolina’s position as a strong competitor in attracting international companies looking to grow their business in the U.S.” –Central S.C. Alliance Chairman Mike Brenan