Lei Huai Chin, managing director of Giti Tire Group, called Chester County an “excellent location for Giti Tire, offering an extensive and efficient infrastructure network including interstate highways, rail, close proximity to airports and a major metropolitan area to support the company's needs and growth for many years to come.”
Mr. McNamara stressed the plant will be built with a “focus on maintaining a healthy balance with the environment and following Giti Tire's green initiative.”
Giti's project is the fourth greenfield tire plant to be located in South Carolina in the past four years, representing more than $3 billion in investment, according to Tire Business' archives. In addition, Bridgestone Corp. and Michelin North America Inc. have announced several hundred million dollars more in expansions of existing factories in the state.
“This is another huge win for our state and Team South Carolina,” Gov. Haley said. “… Giti's decision to come to our state is another great sign that our economic development efforts are paying off for the hard-working people of South Carolina.”
Mr. Hitt said the project “further bolsters our state's reputation as a manufacturing powerhouse and the nation's tire capital.
“We look forward to a long and successful partnership with Giti Tire in our state.”
South Carolina is offering $37.8 million in economic assistance and will be offering job creation credits once the plant reaches the target of 1,700 jobs, according to state officials. In addition, Gov. Haley's office said readySC — a division of the South Carolina Technical College System — will assist with recruiting and training the firm's initial workforce.