A German companys first U.S. manufacturing facility will be in Rock Hill, state officials announced Wednesday.
As previously reported in The Herald, Coroplast will locate in York Countys $1.2 million spec building at 1230 Galleria Boulevard.
The company will invest $12 million and create 150 jobs. The company will begin hiring later this year.
The S.C. Department of Commerce confirmed the project Wednesday.
Coroplast used Development Advisors LCC, a site consultant firm, to find a suitable location for its operations, said Marcus Sohngen, president of Coroplast Tape Company. The company selected the site because of South Carolinas business climate and its workforce, Sohngen said.
The states Coordinating Council for Economic Development approved job development credits for the project.
A fee-in-lieu of taxes agreement which could reduce the company York County taxes is on the agenda for Mondays County Council meeting. Typically, such agreements cut a companys property taxes by 43 percent for 30 years.
York County officials plan to use money from the sale of the building to Coroplast to construct another spec building in the East York Industrial Park.