CAT Resources Relocates to Aspen Business Park in Rock Hill

News Summary

Rock Hill is abuzz as CAT Resources announces its relocation from Tech Park to a new 92,000-square-foot facility at Aspen Business Park. With an investment of $18.6 million, the move is expected to retain around 200 jobs in the area. The Aspen Business Park project, covering 215 acres, aims to foster regional growth by attracting new businesses. CAT Resources, known for its life-saving Combat Application Tourniquet, highlights the importance of community ties and adaptability, contributing to a bright future in Rock Hill.

Rock Hill Welcomes Exciting Changes with CAT Resources Move

Rock Hill is buzzing with excitement as one of its long-standing manufacturers, CAT Resources, gears up for a big relocation. The company, known for its incredible work in manufacturing the Combat Application Tourniquet, will be moving from Tech Park to a brand new facility at the Aspen Business Park. This move is a significant one, with a whopping $18.6 million investment that will keep around 200 jobs right where they belong – in Rock Hill.

A New Home on the Rise

The new CAT Resources facility will be located in a shiny, new 92,000-square-foot building nestled on a sprawling 13-acre site at 4209 International Drive. This change represents not just a physical move but a commitment to staying and thriving in Rock Hill. Aspen Business Park itself is quite the ambitious project, stretching across 215 acres near the Rock Hill International Airport. It’s designed to attract companies and foster growth in the area.

Why Staying Local Matters

The owner of CAT Resources has emphasized how vital it is for them to remain in Rock Hill. By staying in the area, the company can continue collaborating with local partners and investing in the community that has supported them for so long. After all, CAT Resources has been a staple in Rock Hill since its parent company, Composite Resources, was founded way back in 1992. The company established its operations in Tech Park in 2002 and has been serving the community ever since.

Making a Difference

Now, let’s talk about the high-stakes work CAT Resources does. The company manufactures the Combat Application Tourniquet, a lifesaving device that has been in use since 2005 by military personnel and first responders alike. The impact of this tourniquet has been astounding, contributing to an incredible 85% reduction in mortality rates due to severe blood loss in combat situations. Talk about making a difference!

Adapting to Challenges

Like many businesses during the COVID-19 pandemic, CAT Resources had to adapt. This resilient company pivoted its manufacturing processes alongside its affiliate CORE Autosport to produce medical masks to support frontline workers. This ability to quickly adjust to changing circumstances has showcased their commitment not just to their business, but also to the community and those in need.

Looking Toward the Future

The future looks bright for CAT Resources and its new home in Aspen Business Park. The Economic Development Corporation Chairman has pointed out the company’s successful history, which bodes well for new opportunities in this expansive business hub. Aspen Business Park isn’t just about CAT Resources; it’s designed to include a total of 10 buildings and nearly 2 million square feet of manufacturing, industrial, or business space. This kind of development could generate hundreds, if not thousands, of new jobs in the area.

Growing Together

Although the Aspen project is still in its early stages, other companies are beginning to set their sights on this promising area too. SouthWood Corporation has already announced plans to relocate there, with a $6.4 million investment that aims to create 73 new jobs. With projections estimating at least 1,000 new jobs once fully realized, Rock Hill is positioning itself as a significant player in the business landscape.

As CAT Resources prepares for its move, the community can take pride in knowing that its steadfast commitment to Rock Hill will result in continued growth and innovation. The future is bright, and together, Rock Hill and CAT Resources are paving the way to a bustling and prosperous tomorrow.

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Additional Resources

• Herald Online: Rock Hill Welcomes Exciting Changes with CAT Resources Move
• Wikipedia: Combat Application Tourniquet
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• Google Search: Rock Hill business growth
• Community Impact: Hays County Executes Agreement for Pet Resource Center
• Google Scholar: Business Development in Rock Hill
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• Google News: Business Relocation Rock Hill