Company to invest more than $7.89 million in facility
COLUMBIA, S.C. – February 8, 2012 – Ring Container Technologies, a maker of plastic containers, today announced plans to expand its current operations in Chester County. The more than $7.89 million investment has generated 18 new jobs.
“Ring Container Technologies is proud to be growing in Chester, S.C. We have enjoyed being part of the Chester community for 24 years and are excited about our expansion opportunities here,” said Wayne Drake, chief financial officer for Ring.
Ring Container Technologies is growing its operations in Chester with the addition of new, state-of-the-art equipment that will help the company streamline its processes. Ring produces various plastic containers and is in the process of adding additional production capabilities at the Chester plant.
“Today’s announcement is another win for one of our state’s rural areas and we celebrate the more than $7.89 million investment and the creation of new jobs in Chester. When existing businesses like Ring decide to expand, it shows we are doing the right things to foster a business-friendly climate in South Carolina,” said Gov. Nikki Haley.
In the past year, South Carolina has recruited more than $4.7 billion in investment and more than 13,000 new jobs in the manufacturing sector.
“Manufacturing continues to lead the way in creating wealth and new jobs in our state. We’re good at making things in South Carolina and Ring’s expansion is another sign that businesses know that and are investing here,” said Secretary of Commerce Bobby Hitt.
“Encouraging new jobs and investment in our county is vital to the county’s mission, and it is especially gratifying when it is an existing industrial partner such as Ring,” said Chester County Supervisor R. Carlisle Roddey. “We will continue to create a pro-business atmosphere that will be attractive to our existing partners when considering an expansion opportunity here.”
Ring Container Technologies is a privately held, multinational corporation focused on finding sustainable solutions for the consumer packaging industry. Headquartered in Oakland, Tenn., the company began operations in 1968. Through steady growth, it is now one of the largest plastic container manufacturers in North America. For more information, please visit www.ringcompanies.com.
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