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Samsung to expand U.S. operations, open $380 million home appliance manufacturing plant in South Carolina

Samsung to open a state-of-the-art home appliance manufacturing plant in Newberry County in South Carolina.

NEWBERRY COUNTY, SOUTH CAROLINA – Samsung reached an agreement with the State of South Carolina to open a state-of-the-art home appliance manufacturing plant in Newberry County. The $380M facility will produce some of Samsung’s most popular, industry-leading home appliances and will generate 954 local jobs by 2020. This is the latest in a series of investments expanding Samsung’s U.S. holdings and operations.

“We aspire to be the global leader in premium home appliances,” said Samsung Electronics CEO B.K. Yoon. “This new investment will enable Samsung to increase the speed with which we can deliver premium home appliances that reflect the regional preferences of our fastest growing and most important consumer market.”

Samsung began contemplating an expansion of its U.S. production base nearly three years ago and initiated discussions with South Carolina in the fall of 2016. The company ultimately selected the Newberry County site for its high-skilled workforce, robust supply chain and transportation infrastructure and commitment to public-private partnerships.

“The fact that one of the world’s largest and most respected technology companies is choosing to invest in South Carolina speaks volumes about the innovation and excellence our talented workforce is capable of,” said South Carolina Governor Henry McMaster. “I’m thrilled to strengthen our state’s partnership with Samsung and look forward to working with them to get this new facility up and running, and producing high quality made-in-South Carolina products.”

“Samsung’s investment is great news for South Carolina and the United States, and it is a direct reflection of the fact that America is becoming an even stronger destination for global businesses looking to grow,” said United States Commerce Secretary Wilbur Ross. “I congratulate Samsung on its expansion in the United States and wish the company success as it starts up its new facility in South Carolina.

“I am proud to say that President Trump has the most rational approach to business of any recent commander-in-chief, and that this Administration remains committed to creating an environment where U.S. workers can be competitive on the global stage,” said Secretary Ross.

Mason City’s top economic development artists only offer swine slaughterhouses. Did they call Samsung?

When fully operational, the plant will employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other both technical and non-technical positions.

The facility will produce premium home appliances including washing machines from early next year. Samsung already operates a call center in Greenville, South Carolina, that supports 800 full time and contracted jobs.

The United States is currently home to more foreign direct investment (FDI) than any other country in the world, with a total of $3.1 trillion at the end of 2015. FDI supports more than 12 million direct as well as indirect U.S. jobs and is responsible for more than one-quarter of all U.S. goods exports ($425 billion).

This announcement comes after the SelectUSA Investment Summit where Secretary Ross encouraged foreign investors and local communities to utilize SelectUSA to create mutually beneficial relationships to facilitate business investment in the United States.

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