Ascend Performance Materials investing $35.2M at S.C. facility
Posted December 18, 2018
COLUMBIA, S.C. – Ascend Performance Materials, a global provider of high-quality fibers, chemicals and plastics, is again expanding its Greenwood County operations again, the South Carolina Dept. of Commerce announced.
To accommodate the company’s continued growth, Ascend is investing $35.2 million, creating 30 new jobs.
With six manufacturing plants in the southeastern United States and Europe and more than 3,200 employees and contractors around the world, Ascend is a global leader in the production of nylon 6/6 fibers, resins and compounds. The company supplies a wide range of industries and applications, from apparel to airbags, cable ties to circuit boards and carpets to car parts.
“The polymer we make at Ascend in Greenwood forms the building blocks for things we use every day, from air bags to high-end carpet to tennis balls,” said Ascend Performance Materials Senior Site Director Hal McCord. “Thanks to the hard work of our employees and the support of leaders in Greenwood County and South Carolina, this expansion will allow us to increase our polymer production by 50 percent, creating more jobs for local residents.”
Located at 1515 Highway 246 South in Greenwood, S.C., Ascend plans to upgrade several lines in early 2019 to increase capacity of nylon polymer production. Last year, the company added 24 million pounds of staple fiber production capacity at the facility.
“Today, we’re proud to celebrate another win for one of South Carolina’s existing firms,” said S.C. Gov. Henry McMaster. “Ascend Performance Materials’ decision to double down on its commitment to Greenwood County is proof that South Carolina’s economic development strategy is working, and we look forward to continued success for this great company across our state and beyond.”
Source: Ascend Performance Materials