Luck Companies to Invest $450 Million in South Carolina

News Summary

Luck Companies has announced a significant $450 million investment to expand its quarry operations in South Carolina. New sites in Chester, Edgefield, Saluda, and Spartanburg counties will create 70 jobs, while upgrades in Fairfield and Kershaw counties will enhance existing operations. This initiative aims to boost local economies and support community development, exemplifying Luck Companies’ commitment to fostering growth and job opportunities in the region.

Exciting Expansion in South Carolina: Luck Companies to Invest $450 Million!

In a thrilling development for the Palmetto State, Luck Companies has laid out big plans for an expansive investment of $450 million to enhance its quarry operations across several counties in South Carolina. This strategic move is not just about boosting the company’s numbers, but also about creating opportunities for the local communities.

New Quarry Operations on the Horizon

So, what does this mean for South Carolina? Well, the expansion includes the establishment of new quarry operations in Chester, Edgefield, Saluda, and Spartanburg counties. Additionally, Luck Companies will be expanding existing sites in Fairfield and Kershaw counties. All told, this means a total of 70 new jobs coming to these six counties, which is fantastic news for job seekers!

Breaking Down the Investments

Here’s how the investment breaks down:

• In Chester County, a whopping $93 million will be pumped into developing a new site that promises to create 25 new jobs. This site will feature a quarry alongside dedicated spaces for agricultural education and economic development.
• Edgefield County will see a $70 million investment toward a 434-acre quarry over the next 20 years, with hopes to generate 10 new jobs.
• Saluda County is set to receive $40 million for a 330-acre quarry site, also creating 10 new jobs over a decade.
• In the Spartanburg County area, particularly Enoree, a bold $132 million investment will lead to roughly 25 new jobs along with opportunities for commercial development.
• Fairfield County’s existing site is in line for approximately $90 million in upgrades over 20 years to cater to the growing demand in the Interstate 77 corridor.
• Lastly, Kershaw County will welcome an additional $25 million investment to establish a permanent plant, building on its already significant contributions to the workforce with more than 30 employees.

The Bigger Picture

This revitalized effort is part of Luck Companies’ long-term growth strategy, indicating that there are exciting times ahead for the local communities. Chester County Administrator noted that this project will help reduce the costs of aggregate materials and construction, which is beneficial for residents and business owners alike.

Originally, Chester County’s investment plans were estimated at $58 million, but that figure has now jumped up to $93 million. It looks like everyone wants in on the action! Alongside the quarry operations, a new 75-acre business park will also be in the works, with an additional 15 acres set aside for future economic development.

A Bright Future Ahead

The plans rolled out by Luck Companies reflect a steadfast commitment to not only enhance their operational capacity but also to be a driving force for economic growth in South Carolina. So, if you’re living in or around Chester, Edgefield, Saluda, Spartanburg, Fairfield, or Kershaw counties, get ready for a wave of new opportunities!

In conclusion, this expansive $450 million initiative from Luck Companies signifies a flourishing future, filled with jobs and enhanced local resources. South Carolina is truly becoming a hub of opportunity and success, and this venture is a perfect example of the bright path ahead.

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