Friday, December 9, 2016

IL sees eye-popping growth as huge employers move in

By Mandy Catoe
Friday, December 9, 2016

The Indian Land economic magnet keeps pulling in big catches, accelerating the job-creation momentum that has made it one of the state’s fastest-growing areas over the past several years.
CompuCom’s planned headquarters relocation and call center, which together will employ 1,500 within five to seven years, would make it the county’s third-largest employer, after Red Ventures and the Lancaster County School District.
In addition to Red Ventures, which will complete a major expansion next year, the list of big new employers in the county includes Nutramax Labs, Keer America, Haile Gold Mine, Sharonview Federal Credit Union, URS Nuclear, Honeywell, TriNet, Kennametal, Inspiration Networks, Verian Technologies, Special Materials, Valmet and Movement Mortgage.
Of those 14 new companies, all but Nutramax, Haile Gold Mine, and Valmet are located in the Panhandle.
In addition to the employers moving into the area, there have also been major expansions at Akzo Nobel, Cooley Group, Silgan Containers and Cardinal Health.

Movement Mortgage opened for business in March 2016 in Indian Land’s Bailes Ridge Business
Park off S.C. 160, the same site as CompuCom. Movement’s headquarters and national sales support center is the flagship location for the company’s loan-processing, underwriting, capital markets, marketing, legal, compliance and other corporate functions.
In fall 2014, Keer America Corp., a Chinese yarn manufacturer, completed construction on a 135-acre textile campus near the intersection of S.C. 160 and Old Bailes Road in Indian Land. The plant has 30 production lines. Construction will be completed by 2019, and the plant will employ 500 people.
Red Ventures, an Internet marketing firm, plans to hire an additional 1,500 employees, increasing its work force to 3,750 at its Indian Land campus in 2017. The expansion, a $90 million investment, will double Red Ventures’ size.
The once exclusively Internet marketing firm is expanding its business model to include insurance and real estate.
Its most talked about venture is RedStone, a 310,000-square-foot retail center under development at the intersection of U.S. 521 and S.C. 160. The project includes a 14-screen movie theater complex, Sharonview Credit Union, Lee Nails, Tide Dry Cleaners and nine restaurants. Other likely businesses include a major grocery store and a national coffee chain. The shopping center should be complete by early 2018.
The new growth will result in Indian Land’s first hotel, a four-story TownPlace Suites by Marriott, located at the intersection of U.S. 521 and Red Ventures Drive.



Follow Reporter Mandy Catoe on Twitter @MandyCatoeTLN or contact her at (803) 283-1152.

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