New Business

Erchonia Corp. (Erchonia), a global, laser technology manufacturer, today announced plans to relocate its corporate headquarters to Greenville County. The company’s $6.7 million investment will create 51 new jobs.

IKO, a leading, global manufacturer of roofing products, today announced plans to establish its first South Carolina operations in Chester County. The company’s $363 million investment will create 180 new jobs.

Pallidus, an innovative silicon carbide (SiC) wafer semiconductor manufacturer, today announced plans to relocate its corporate headquarters and manufacturing operations to York County. The company’s $443 million investment will create 405 new jobs.

Milo's Tea Company (Milo’s), a leading beverage company, today announced plans to establish its first South Carolina operations in Spartanburg County. The company’s $130 million investment will create 103 new jobs.

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Engineered Foam Packaging (EFP), a subsidiary of J.B. Poindexter & Co., Inc., today announced plans to establish operations in Lee County. The company’s $15 million investment will create 53 new jobs.

Established in 1954, EFP is a leader in the design and manufacturing of custom protective packaging and cold chain solutions.

FlexCold, a leading cold storage warehousing and logistics company, today announced plans to establish operations in Dorchester County. The company’s $49.9 million investment will create 59 new jobs.

Orion Performance Compounds, Inc. today announced plans to establish operations in Kershaw County. The company’s $13 million investment will create up to 54 new jobs.

A manufacturer of highly engineered thermoplastic compounds, Orion Performance Compounds, Inc. will blend melted resins with carbon fiber, lubricants and other additives to form custom materials for use in final markets such as automotive, aerospace, medical and more.

Redwood Materials, a producer of anode and cathode battery components for electric vehicles, along with Governor Henry McMaster, today announced plans to establish operations in Berkeley County. The company’s $3.5 billion investment, which marks the largest economic development announcement in the history of South Carolina, will create 1,500 new jobs.

Element Designs, one of the leading North American manufacturers of custom aluminum frame glass cabinet doors, today announced plans to relocate its headquarters and manufacturing operations to York County. The company’s $5 million investment will bring approximately 100 new jobs to Fort Mill over the next five years.