News Summary
Luck Companies has announced a significant $450 million investment in South Carolina, expected to create 70 new jobs across multiple counties. This investment includes new quarries and a focus on agricultural education, particularly enhancing opportunities in Chester County with a dedicated $93 million investment. The strategic location and planned developments aim to support local economic growth and community sustainability, highlighting the company’s long-term commitment to the region.
Exciting Developments in South Carolina: Luck Companies Invests Big!
If you’re in South Carolina, get ready for some great news! Luck Companies, a well-known company based out of Virginia, has just announced a whopping $450 million investment to expand its operations in the Palmetto State. This investment is not just a number; it’s expected to create around 70 new jobs across six counties, making it a huge win for the local economy.
New Quarries on the Horizon
The company recently revealed plans for new quarries, which will not only enhance their operations but also provide more job opportunities in the area. The new quarry sites will pop up in Chester, Edgefield, Saluda, and Spartanburg counties, while expanded sites in Fairfield and Kershaw counties will also benefit from this expansion.
Chester County Gets a Special Boost
Among these developments, Chester County will see a major boost as Luck Companies is planning to invest $93 million specifically in that area. This sizable investment is set to add 25 new jobs to the local workforce, which is exciting news for residents looking for employment.
But wait, there’s more! The Chester County site isn’t just a typical quarry. It will feature both a quarry as well as a space dedicated to agricultural education. This is part of the company’s commitment to support the community and promote sustainability. Additionally, the site will allow room for future economic development, showing that Luck Companies is not just thinking short-term but investing in the long haul.
A Strategic Location
Luck Stone Corp. has acquired almost 370 acres of land just north of Lancaster Highway in Chester County—perfectly located halfway between Interstate-77 and downtown Chester. The project will dedicate approximately 90 acres to create an agricultural buffer. Such careful planning ensures that the development will be both beneficial for the community and align with local environmental goals.
Creating More Opportunities for Everyone
Initially, the company had plans to invest close to $58 million in Chester County, but they’ve increased that amount significantly, which shows their confidence in the region. A 75-acre business park will also be developed, with an additional 15 acres reserved for future economic projects. This expansion is designed to support small- to mid-size industrial and commercial buildings, boosting the overall community growth.
Aiming for Economic Growth
This investment is set to lower aggregate material and construction costs in the Chester County community, which means more savings for local businesses and residents. The overall economic initiative aims to support the region between Columbia and Charlotte, making it a strategic hub for aggregate material needs for many years to come.
Luck Companies and Local Employment
Currently, Luck Companies employs over 500 individuals, with around 30 of them already working in their South Carolina facilities. With the new job openings, many residents will have the opportunity to join this growing company, which includes divisions like Luck Stone, Luck Ecosystems, and Luck Real Estate Ventures. These divisions serve an array of industries, including construction, civil engineering, and environmental sectors.
A Bright Future for South Carolina
The Chief Growth Officer has expressed an emphasis on creating opportunities not just for their associates but for the surrounding communities. Local government officials are clearly excited about the prospects this investment brings to South Carolina’s economy, recognizing the positive ripple effects it could have.
With all these developments on the horizon, South Carolina is gearing up for a bright future, thanks to the great plans laid out by Luck Companies. Be sure to keep an eye on these changes, as they promise to shape the landscape of the region and provide new opportunities for many!
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Additional Resources
- Cola Daily
- AOL
- Upstate Business Journal
- Business Facilities
- Fox Carolina
- Wikipedia: Quarry
- Google Search: Luck Companies South Carolina investment
- Google Scholar: Luck Companies quarry operations
- Encyclopedia Britannica: Quarry
- Google News: Luck Companies quarry expansion
