All hail the good news:
Bridgestone to spend $1.2 billion, build new facility in Aiken
Bridgestone Americas Inc. announced today it plans to build a 1.5 million-square-foot manufacturing plant for off-road radial tires and make a 474,000-square-foot expansion to the existing passenger and light truck tire plant in Aiken County.
The $1.2 billion investment — the largest capital investment in state history — should create more than 850 full-time and contractor jobs, officials said.
Today’s announcement was the second major announcement for Bridgestone this year. On July 20, the Bridgestone Corp. subsidiary announced a $135 million investment to make a 266,000-square-foot expansion of the existing tire plant, which would lead to the creation of 122 jobs….
“This is a continuation of the good work we are doing to partner with companies,” Gov. Nikki Haley said. “South Carolina has a great reason to smile today.”
Site preparation and construction are scheduled to begin in the fourth quarter of this year, and the manufacturing equipment is to be installed in the third quarter of 2012, Bridgestone said.
Today’s announcement is a “real game-changer,” S.C. Commerce Secretary Bobby Hitt said…
I’m sure there will be all sorts of debates later re incentives, etc. But for now, I’m celebrating this boost to the SC economy.