10 December 2012

India-based Sarla Performance Fibers to locate new operations in South Carolina

- $13.8 million investment expected to generate 100 new jobs 
- Establish new yarn & thread manufacturing facility in Colleton County 
- Rural infrastructure grant of $500,000 and job development credits 

Columbia, S.C. – 07 December 2012 – Sarla Performance Fibers, a producer of yarn and threads, today announced that it will locate its new operations in Colleton County. The $13.8 million investment is expected to generate 100 new jobs. 

“We are pleased to establish our U.S. presence here in South Carolina. Colleton County offers us an excellent business environment, skilled workforce talent, exceptional market access and close proximity to the Port of Charleston. We appreciate all the support we’ve received from state and local officials in bringing this project to fruition,” said Bobby Downs, executive vice president of Sarla Performance Fibers. 

Sarla Performance Fibers, which is based in Mumbai, India, will establish a new yarn and thread manufacturing facility in Colleton County under the name Sarlaflex, located at Industrial Park in Walterboro. The facility will serve customers in the apparel and upholstery markets. The new plant is expected to begin operations by May 2013. 

“We are thrilled that Sarla Performance Fibers has chosen South Carolina for its new manufacturing facility. Today’s announcement is another indication that companies from across the globe are seeing the benefits of doing business in our state. It’s also exciting to see Sarla Performance Fibers invest $13.8 million and create 100 new jobs in one of our state’s rural areas,” said Gov. Nikki Haley. 

“South Carolina has a long tradition as a maker of textiles, and announcements like this one from Sarla Performance Fibers build on that history. The company’s decision also gives South Carolina’s manufacturing renaissance a boost. More and more manufacturers are discovering that the Palmetto State is just right for their companies,” said Secretary of Commerce Bobby Hitt. 

Since January 2011, South Carolina has recruited more than $7 billion in capital investment and more than 18,000 jobs in the manufacturing sector. 

The company will begin hiring for the new positions in January 2013. Anyone interested in job opportunities with the company should contact the Human Resources Department at the facility at 1497 Industrial Road. 

The Coordinating Council for Economic Development approved a rural infrastructure grant of $500,000 and approved job development credits, which will be available when hiring targets are met. 

Source: South Carolina Department of Commerce