Centric Brands Acquires Zac Posen Brand And Licenses

NEW YORK CITY — February 14, 2020 — Centric Brands Inc., a lifestyle brands collective, announced today the purchase of the Zac Posen brand and all related intellectual property previously held by Z Spoke LLC. As part of the transaction, the company also acquired all existing licenses and collaboration agreements from the predecessor business. The company is not assuming any liabilities associated with the predecessor business.

The existing Zac Posen brand licenses include women’s handbags, small leather goods, and cold weather accessories including hosiery and legwear, which Centric Brands currently manufactures and produces, in addition to bridal, fine jewelry, men’s and women’s eyewear, and women’s footwear.

“We are thrilled to welcome the Zac Posen brand into the Centric family. Zac is a talented and charismatic designer,” said Jason Rabin, CEO of Centric Brands. “The Zac Posen label is synonymous with exceptional craftsmanship and modern American glamour and is a red-carpet favorite among many of the world’s most famous celebrities. This acquisition adds a global, marquee designer brand to our portfolio of ready-to-wear women’s apparel and provides a platform to expand into new licensing categories, while supporting one of our strategies for growth.”

“I am so pleased that Centric Brands is committed to the “Zac Posen” brand and to building a new and relevant Zac Posen branded world,” Posen said. “I am looking forward to helping Jason and the team continue to identify and execute on strategic licensing opportunities and selectively build the brand’s global distribution and omni-channel marketing strategy.”

In 2001 the world-renown and award-winning designer Posen started his namesake label and became a go-to name for high-end designer fashion among celebrities. Posen will advise on all facets related to the creative and strategic direction, marketing and promotion of the Zac Posen branded business.

Posted February 14, 2020

Source: Centric Brands Inc.

TRSA Event Wrap Up: 2nd Annual Hospitality Conference Looks At Market Change, Innovation

ALEXANDRIA, Va. — February 14, 2020 — Attendees of TRSA’s Second Annual Hospitality Conference received a detailed overview of shifts in the hotel trade from keynote speaker John Burns on February 4 at the Westin Las Vegas Hotel & Spa in Las Vegas. Burns, president of Hospitality Technology Consulting, shared with the approximately 100 attendees how hotel chains and independents, like the rest of the economy have grown steadily over the 11-year expansion that followed the Great Recession of 2008-’09. Of course, hotels, like all businesses that require massive amounts of manpower to provide expected services for guests and other aspects of their operations, are finding labor pools elusive. Whether this issue will encourage hotels to move toward outsourcing their laundry needs or whether hotels will simply expect their vendors/partners to do more with less remains to be seen.

Additional hotel industry disruptions include the rise of Airbnb and other similar vacation rentals and alternatives that compete with conventional hotels. The decentralized nature of Airbnb makes it a challenge for laundries to service their linens on an outsourced basis, but new opportunities in that area could arise as the business grows, advised keynoter Burns. To succeed in this era, hospitality laundry operators must be nimble and quick to show such vendors they’ll meet their requirements.

Other market shifts that Burns emphasized included the millennial and Gen Z attitudes towards business travel, which has fueled the rise of new hotel concepts that focus on issues such as “wellness,” “adventure,” “micro” and other niches associated with their hotel stays. To meet these demands, hoteliers are having to leave behind some longstanding traditions of the past in order to survive. Laundry operators will find themselves working with larger, more sophisticated clients with broader, more specific and more stylized requirements.

Burns closed on a somber yet thought-provoking note. While the economy continues to show strength, inevitably the market will experience a downturn, probably sometime in the next two years. There will be a shakeout that will impact the hotel industry in ways that are hard to predict. One aspect that’s unlikely to shift even if the economy stalls badly is the hotel industry’s commitment to sustainability. This trend is driven in part by the international movement toward the “circular economy,” particularly in Europe. Again, as recyclers of linen, environmentalism could and should play to laundry operators’ strengths – provided they’re aware enough to demonstrate their commitment to conservation.

Other education programs during the full day Hospitality Conference on Feb. 5 included:

  • An overview of growth statistics and trends from consultant Ali Hoyt, senior director of consulting and analytics for STR, a hospitality research firm.
  • A series of facilitated roundtables in which operators discussed issues such as outsourcing, customer relations, recruitment/retention and similar issues of common concern.
  • A review of legislative and regulatory issues from TRSA Vice President of Government Relations Kevin Schwalb.
  • A presentation by consultant Larry Wilhelm and TRSA’s Ken Koepper on a new benchmarking effort designed to encourage outsourcing by assembling financial information on a confidential basis from hotels.
  • A presentation by Steve Miller, vice president of Victor Kramer Co., on linen-loss prevention methods and strategies.
  • Information on customer attitudes in a panel discussion dubbed “What Customers Really Want.” The panelists included Chris Breed, vice president of resort operations, Soleil Management, Eric Eisenberg, director of Hotel Operations, Boyd Gaming, and Diane Gandy, president of the Nevada Hotel & Lodging Association. Terry Satchwell, executive vice president, PureStar Linen Group, moderated the discussion.

At the conclusion of the educational sessions, attendees enjoyed a networking reception and on the following day, traveled with attendees of the inaugural TRSA Food & Beverage Conference (hosted at the same location) to visit two high-profile laundries, Alsco Linen & Uniform Rental Services in North Las Vegas and Boyd Gaming Linen and Uniform Service in nearby Henderson, NV.

On Feb. 3 a pre-Hospitality conference roundtable gathering of 16 hotel laundry operators gathered at the Westin to discuss a wide range of issues affecting their businesses.

Facilitated by TRSA President & CEO Joseph Ricci, operators cited strong growth in the hotel market, coupled with concerns over challenges ranging from labor shortages to determining a model for providing services to “market disruptors,” in the hospitality trade, such as Airbnb and a range of comparable vacation and business rental-service programs.

The tight labor market, affecting the availability of hourly and skilled tradespeople such as maintenance engineers, is a complicating factor. The rise of the minimum wage in many states, plus compliance costs such as “living wage” rules in certain communities such as Santa Monica, CA; and St. Louis, make it hard for laundries to meet hotels’ demand to hold down the costs of outsourced laundry services.

Operators discussed a range of creative options to increase their recruiting and retention possibilities, such as recruiting prison labor through work-release programs in various areas of the U.S. TRSA Vice President of Government Relations Kevin Schwalb told the attendees that TRSA is developing a program with the prison system in California that would educate prison laundry employees to qualify for the Certified Professional Laundry Manager (CPLM) status. Gaining this credential would, in turn, make it easier for them to find a full-time job in the linen, uniform and facility services industry upon release. A similar program is in the works to train prison laundry managers in order to hone their skills and enhance their knowledge of laundry best practices.

The notion of laundry outsourcing is making headway in the U.S. but it lags behind progress in this area made in Europe. Hotels there have largely phased out in-house, on-premise laundries (OPLs) in favor of outsourcing. Part of the challenge of educating hotel managers is a rapid turnover of hotel management staff, which complicates efforts to build effective partnerships with hotel counterparts who are in charge of managing linens for their facilities. Other concerns discussed included the reluctance of hotels that own their own linens to maintain sufficient PAR levels (number of days’ worth of linens available when the hotel is at full capacity) in order to avoid shortages and premature wear due to overuse of linens.

Roundtable attendees included:

Cory Acton, Vice President of Operations, Magic Laundry Service Inc., Montebello, CA
Brian Beere, Owner, President and CEO, Single Source Plus, Bellmawr, NJ
Michael Benik, President, People’s Laundry, Keene, NH
Ann Berry, Chairman, PureStar Group, New York
Eric Brady, Chief Strategy Officer, PureStar Group, Las Vegas
Bob Brill, Vice President of Operations, American Textile Maintenance, Los Angeles
Vicky Cayetano, President, United Laundry Services Inc., Honolulu
Ray Hayes, CEO, South Pacific Laundry, Bundoora, Australia,
Harry Kertenian, Owner and CFO, Magic Laundry Service Inc., Montebello, CA
Richard Marzo, Vice President, Lace House Linen Supply Inc., Petaluma, CA
Steve Miller, Vice President and General Manager, Victor Kramer Co., Seaside Heights, NJ
Julia Pooler, President, Sacramento Laundry Co., Sacramento, CA
Keith Pooler, Vice President, Sacramento Laundry Co., Sacramento, CA
Lee Stotts, Edina Laundry Co., Owner, Minneapolis, MN
Tim Williams, President and CEO, Crown Linen Services, Mexico, MO
Les Williams, CEO, Starr Textile Services, Foley, AL

Posted February 14, 2020

Source: TRSA

INDEX™ 2020 Exhibitor Preview: Sandler AG

SCHWARZENBACH AN DER SAALE, Germany — February 7, 2020 — Looking to the future, Sandler puts a focus on sustainable in innovative raw materials this year – away from chemical towards natural fibres.

With a high level of technical know-how our development and sales experts are already implementing solutions for tomorrow:

  • New developments for wipes feature high functionality and contribute to conserving resources. The increasing use of different natural fibers is key.
  • Latest nonwovens for hygiene products combine safety and comfort in use with sustainability. In the category “nonwoven roll goods” one of our innovations was nominated for the INDEX Award.

Resource-saving and efficient with new wipes substrates

Sandler’s latest innovation: a nonwoven made from 100-percent unbleached cotton. This material is suitable for use as a wipes substrate as well as for topsheet applications and puts particular emphasis on sustainability.

Another highlight in the Sandler product portfolio is a substrate made from the natural fiber flax and viscose. Featuring high softness, this material is optimally suited for application on the skin.

The focus on sustainability is literally an integral feature of Sandler’s “BioWipe” substrate. Made from 100-percent viscose, its special embossed design is not only a visual highlight but also supports optimum performance in daily cosmetics, baby care and surface cleaning.

The new embossing design „square“ captures the attention of another market segment: Small squares render the substrate bulkier and increase its surface — for even better results in cleaning applications.

All of these nonwovens receive their particular properties from the special fiber blends used. Selected raw materials bring about not only excellent functionality, but also enable a reduction of the basis weights — for less raw material usage. Embossed motifs for visual individualization of your wipes are also more detailed.

Comfort & safety with the latest Sandler nonwovens for hygiene products

Sandler provides manufacturers with an assembly kit of materials featuring different degrees of elongation to choose the ideal nonwoven for their respective use. These nonwovens support an optimum fit, thus increasing wearing comfort.

Our “canyon”-structure for topsheets not only provides visual differentiation. This special surface renders the topsheet bulkier and even softer; increases stability, and simultaneously supports fluid handling.

A variety of embossing designs enable a further individualisation of your products.

Sandler also offers resource-conserving product solutions for topsheet and backsheet applications. Apart from excellent fluid handling, the lactic acid-based polymer PLA or 100-percent plant-based viscose are used in the production of these nonwovens, providing added value for the environment.

INDEX Award – Nomination

Another highlight at this year’s INDEX: Our innovation for acquisition and distribution layers (ADL) is nominated for an INDEX award in the “Nonwoven roll goods” category.

Every component of this ADL can be made from renewable or recycled raw materials. The nonwoven’s properties can be adapted to the end product’s desired characteristics and functions. With its adjustable absorbency, excellent fluid distribution and high storage capacity it offers a high degree of safety in use. Soft and supple, this material ensures a particularly high level of wearing comfort. These properties make it an ideal alternative for a wide range of hygiene products.

Together with you, our partners and customers, we want to develop product solutions for tomorrow today.

Visit us at booth 2431 in hall 2. Your Sandler team is looking forward to welcoming you!

Posted February 14, 2020

Source: Sandler AG

Draganfly Opens New Strategic United States Office On North Carolina State University’s Centennial Campus

VANCOUVER, British Columbia — February 11, 2020 — Draganfly Inc. — an award-winning manufacturer within the commercial Unmanned Aerial Systems (UAS), Remotely Piloted Aircraft Systems (RPAS), and unmanned vehicle sectors — today announced it has opened a new U.S. office on North Carolina State University’s (NC State) Centennial Campus.

Centennial Campus, in the heart of North Carolina’s research capital, is a unique part of NC State dedicated to the convergence of industry, research and academia. The campus works with more than 70 corporate, government and non-profit partners, in addition to housing more than 75 NC State research centers, institutes, laboratories and department units.

Draganfly, through its opening of its U.S. office on Centennial Campus, joins other prestigious industry and government collaborators who see the value in housing operations at NC State including Eastman, Merck, LexisNexis, IBM, and the U.S. Department of Agriculture (USDA).

From “bookBot”, a giant robotic book delivery system at the futuristic Hunt Library that can store up to 2 million items and deliver any of them within minutes of an online catalog request, to CASSI (Connected Autonomous Shuttle Supporting Innovation), a Level-4 autonomous driverless vehicle that uses cameras, radar, global positioning systems and electronic sensors to transport up to 12 people along its one-mile loop, the pioneering spirit at Centennial Campus can be seen everywhere.

Draganfly, the longest running manufacturer of multi-rotor helicopters in the world, is itself a pioneer and respected leader in the unmanned aerial systems industry. Draganfly has created an impressive portfolio of intellectual property and know-how over 21 years, enabling it to continually solve difficult problems for enterprise, government, and consumer clients around the world.

Draganfly’s innovative technological firsts include being the first company to commercialize a quadcopter, the first to create six and eight bladed drones, and the first to add commercial sensors to drones. In addition to its multi-rotor solutions the company offers ground robots, secure controllers, fixed wing aerial vehicles capable of beyond visual line of sight operations and delivery, and hybrid vertical take off and landing systems well suited for large area data collection and austere environments.

Draganfly’s pioneering achievements are not only commercial. A Draganflyer X-4 ES, the first unmanned aerial helicopter responsible for saving a human life, is on display in the Smithsonian National Air and Space Museum. This special honor reflects the deep commitment the company has to supporting public safety and emergency response worldwide.

“Expanding our operations to NC State’s Centennial Campus gives us an incredible strategic advantage over our competitors,” said Patrick Imbasciani, Draganfly COO. “As we scale our secure government and public safety offerings alongside our commercial solutions for agriculture, environment, energy, telecommunications, insurance and other sectors, access to the latest research and development in the application of emerging technologies such as 5G, edge computing, and new composites, shortens our learning curve and accelerates our delivery cycles to market. Incorporating talented student innovators into our operations through internships and co-op, as we programmatically engage leading faculty through research agreements and technology transfer, should be a win-win for Draganfly and NC State University.”

“NC State is excited to welcome Draganfly, Inc. to the campus community. Draganfly’s commitment to innovation is well-aligned with the university’s mission to “think and do”. We look forward to the opportunities that this engagement will bring,” said Dennis Kekas, associate vice chancellor – Office of Partnerships and Economic Development.

Draganfly officially opened its U.S. office at North Carolina State University in Raleigh, North Carolina on February 1, 2020. Situated on NC STATE’s Wolfline bus line yet hidden in plain sight among the collaborative professional community of HQ Raleigh, the location in the Partners I building on Centennial Campus affords equal proximity to the United States Federal Aviation Administration approved test fields and NC STATE’s historic main campus. Draganfly anticipates the space will meet its commercial and operational needs as it grows and scales its business and operations.

Posted February 13, 2020

Source: Draganfly Inc.

Ascend To Purchase Compounding And Masterbatch Businesses Of Poliblend And Esseti Plast

HOUSTON — February 12, 2020 — Ascend Performance Materials, the largest fully integrated producer of polyamide 6,6 (PA66) resin, announced today it signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6, polybutylene terephthalate (PBT) and polyoxymethylene (POM).

“This strategic acquisition marks an important transformation for our company as we grow our European manufacturing and distribution footprint. More importantly, it helps us provide our customers with a broader portfolio of high-performance, sustainable products to meet increasing demand,” said Phil McDivitt, Ascend’s president and CEO.

Poliblend was founded in 1999 and offers compounding and masterbatch services, including color and additive concentrates that enhance the appeal and end-use performance of plastics products, packaging and fibers. Its certifications include ISO 9001, ISO 14001 and ISO TS 16949.

“The ability to offer our sustainable products in an ever-changing global business environment is a game changer for Ascend,” said John Saunders, Ascend’s European leader.

Giancarlo D’Ottavio, Poliblend’s president, will continue to run Poliblend’s operations and join Ascend’s European management team.

“This is an exciting chapter for Poliblend. Combining the shared expertise of our companies creates opportunities to expand our reach while continuing to provide the high-quality products and service that our customers have come to trust,” said D’Ottavio.

Terms of the transaction were not disclosed. The acquisition is expected to close in the second quarter.

Posted February 13, 2020

Source: Ascend Performance Materials

Ralph Lauren Corporation Provides Update On Impact Of Coronavirus

NEW YORK CITY — February 13, 2020 — In response to continuing developments related to the coronavirus outbreak in China, Ralph Lauren Corp. is following the guidance of local authorities and global health organizations as it prioritizes the health and safety of its employees, consumers and partners. As part of this, approximately two thirds of the company’s stores in the Chinese mainland have been temporarily closed over the past week. The company also expects broader impact across its businesses in China and parts of Asia due to significantly reduced travel and retail traffic.

The company’s fourth quarter Fiscal 2020 guidance is now estimated to be negatively impacted by $55 million to $70 million in sales and $35 million to $45 million in operating income in Asia, driven by current trends in China, Japan, and Korea. These estimates could materially change if there is meaningful deterioration from current trends. Supply chain disruptions in China could also impact a small portion of the company’s fourth quarter orders globally.

“Our hearts are with the many impacted by this virus. Our number one priority is keeping our teams, partners and consumers safe,” said Ralph Lauren, executive chairman and chief creative officer.

“Our dedicated teams are operating with agility in a highly dynamic situation, and we will continue to assess the implications for our business across retail, corporate and our supply base,” said Patrice Louvet, president and CEO. “While the health crisis creates near-term uncertainties, the fundamentals of our business are strong, and we continue to see significant long-term opportunities for growth in China and across Asia.”

As the situation continues to unfold, the Company plans to provide an update on the operational and financial impact along with its Fiscal 2021 and first quarter guidance on its fourth quarter Fiscal 2020 earnings call.

Posted February 13, 2020

Source: Ralph Lauren Corp.

Vibram And PENSOLE Sign Multi-Year Deal To Foster Talent Of Budding Sneaker Designers

BOSTON — February 13, 2020 — Producer of high-performance rubber outsoles, Vibram, has signed a multi-year partnership agreement with PENSOLE Academy, which starts this year.

This new agreement further establishes the longstanding relationship between the two organizations in fostering strong industry relationships and developing innovations. In this new collaboration, PENSOLE and Vibram will develop multiple projects per year, working across their Portland and domestic infrastructure and managing the development and design process.

“We’re so excited about the renewed collaboration with D’Wayne Edwards and PENSOLE,” said Fabrizio Gamberini, president Vibram Corp. and global chief brand officer. “This collaboration is part of our global brand strategy and it is localized in the West Coast where we have our Portland, OR office, located close to PENSOLE. At Vibram, we’re leading with platforms, not just products. Consumers continue to tell us they want innovation to perform better, as well as innovation that defines individuality and their lifestyle product. The collaboration with PENSOLE and its talented team of designers, will help Vibram to fulfill its promises.”

“I am honored to be working with the best rubber sole company in the world,” PENSOLE Founder D’Wayne Edwards said. “Having Vibram as a partner will provide our students the ability to gain knowledge about rubber soles that some industry veterans don’t even know. Lastly, this partnership further cements Vibram’s position as an industry leader because together we will be able to continue to push our industry forward with industry leading creations.”

Posted February 13, 2020

Source: Vibram

Apparel Screen Printer Blue Ridge Designs To Invest $2.28 Million To Grow Manufacturing Operation

RICHMOND, Va. — January 29, 2020 — Governor Ralph Northam today announced that Blue Ridge Designs LLC, a fast-growing manufacturer of screen printed apparel, will invest $2.28 million to expand its screen printing operation in Carroll County, Va. The project will create 118 new jobs.

“Blue Ridge Designs is a new manufacturer that has experienced exponential growth since its founding, and continues to create valuable jobs in Carroll County,” said Governor Northam. “We are thrilled to see the company’s fourth expansion in the past year, a strong testament to the power of Virginia’s manufacturing sector to strengthen communities across the Commonwealth. We thank Blue Ridge Designs for its commitment to southwestern Virginia and look forward to the company’s future success.”

Established in January 2019, Blue Ridge Designs is a manufacturer of screen printed apparel and one of only 13 plants nationwide to use its unique watercolor ink process. The company has experienced a significant increase in demand for its services since its founding due to an emphasis on excellent equipment, design, and staff. The company has expanded three times, including the purchase of six new presses and three dryers, growing from 10 employees in February to more than 90, and is close to printing over three million shirts.

“Blue Ridge Designs has quickly become an important contributor to Virginia’s manufacturing sector, which continues to attract companies due to our skilled talent, strategic location, and favorable business climate,” said Secretary of Commerce and Trade Brian Ball. “Supporting 21st-century manufacturers is a key component of our efforts to promote economic development in all regions of the Commonwealth. We will continue to support Blue Ridge Designs as it grows in Carroll County, and thank the company for creating 118 new jobs in Virginia.”

“If your heart is in your business you will be successful, and because we have such a wonderful community here in Carroll County, it’s truly been an honor to be able to offer jobs to so many,” said Greg Crowder, president of Blue Ridge Designs, and Mayor of Hillsville, where the screen printing company is located. “We’ve done a great job paying attention to detail and making any improvements necessary to provide the highest quality product, and I feel this will afford us the opportunity for continued growth in the years ahead.”

The Virginia Economic Development Partnership worked with Carroll County to secure the project for Virginia and will support the company’s job creation through the Virginia Jobs Investment Program (VJIP). VJIP provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for citizens.

“I am pleased that Blue Ridge Designs, LLC will bring a significant number of new job opportunities to Carroll County,” said Delegate Jeffrey Campbell. “This expansion is a testament to the hard work and perseverance of Mr. Crowder and his employees and I look forward to their continued success for many years to come.”

Posted February 13, 2020

Source: Virginia Office of the Governor

Composite Manufacturer GreenCore Materials To Establish Operations In Georgetown County, S.C.

COLUMBIA, S.C. — January 29, 2020 — GreenCore Materials, a new manufacturer of composite materials used to strengthen plastic extruded profiles, today announced plans to establish operations in Georgetown County. The company’s more than $10 million investment is projected to create 74 new jobs.

Using carbon fiber, fiberglass or natural fibers, GreenCore Materials’ patented manufacturing process dramatically improves the stiffness and rigidity of plastic profiles which serve the building, transportation and industrial industries.

Located at 407 A Church Street in Georgetown, GreenCore Materials’ new facility will increase the company’s capacity to serve the plastic extrusion industry.

Operations are expected to be online by April 2020.

The Coordinating Council for Economic Development has approved job development credits related to this project. A $200,000 Set-Aside grant was also awarded to Georgetown County to assist with costs related to this project.

“Innovation is the key to any long-term success in business,” said GreenCore Materials Owner and Founder Guerry Green. “Six years ago, the concept and idea to improve the performance and uses of plastic extruded profiles was born. After receiving two U.S. patents and having more than 50 other U.S. and international patents pending, we are proud to launch our new enterprise in the city of Georgetown. We believe that our new technology will change the plastic extrusion industry, and we are looking forward developing our business where we call home.”

“We’re proud to celebrate when a new company decides to invest in our state and our people,” said Governor Henry McMaster. “This is an exciting day for GreenCore Materials, the city of Georgetown and Georgetown County. I am excited to see such a strong partnership established, and we look forward to seeing them thrive moving forward.”

“Companies like GreenCore Materials are attracted to South Carolina thanks to our pro-business environment,” said Secretary of Commerce Bobby Hitt. “I congratulate the company on this new endeavor and am thrilled for the impact it will make in the Georgetown County community.”

“We are excited to welcome GreenCore Materials to Georgetown County,” Georgetown County Council Chair John Thomas. “We have a long working history with Guerry Green, its founder, and we are eager to see this new venture move toward production. This announcement is the culmination of over a year of work with the GreenCore Materials team, our real estate partners and the city of Georgetown. We would also like to thank our partners at Santee Cooper and the South Carolina Department of Commerce for their support. We wish GreenCore Materials much success.”

“I’d like to thank GreenCore Materials and owner Guerry Green for his commitment to the city of Georgetown,” City of Georgetown Mayor Brendon M. Barber Sr. “This announcement demonstrates a strong relationship between him and the city’s leadership. I’d like thank the state of South Carolina and Georgetown County for partnering in this economic endeavor. This development will re-energize the economic activity in our city and we are sending a message that Georgetown is open for businesses and establishing ourselves as a business-friendly community.”

Posted February 13, 2020

Source: South Carolina Office of the Governor

Materials Sciences LLC Expanding Operations In Greenville County, S.C.

COLUMBIA, S.C. — January 30, 2020 — Materials Sciences LLC (MSC), an engineering services and manufacturing company, today announced plans to expand operations in Greenville County. The $4.2 million investment is expected to create 34 new jobs.

Founded in 1970, MSC provides research, design, analysis, testing, prototyping and production manufacturing of composite materials and components. The company is globally recognized for its development of specialty algorithms that simulate and predict composite performance. MSC’s proprietary technologies allow the organization to develop custom composite material solutions for clients in the commercial, energy and defense sectors.

With its existing location at 102 Augusta Arbor Way in Greenville, MSC is expanding into a second manufacturing facility at 101 Pelham Davis Circle, also in Greenville. The expansion and investment will enable continued growth of the company’s production manufacturing work. Specifically, the expansion into the Pelham Davis Circle location will provide MSC the space necessary to bring in advanced manufacturing equipment to increase both product size and throughput.

The project is expected to be completed by August 2020. Individuals interested in joining the MSC team should visit https://materialssciences.isolvedhire.com/jobs/.

The Coordinating Council for Economic Development approved a $100,000 Set-Aside grant to Greenville County to assist with the costs of building improvements.

“Operating in the Upstate over the last six years, it has been tremendous to watch the growth and transformation of the region,” said Materials Sciences LLC Vice President of Manufacturing Tony Caiazzo Jr. “In that same time period, the Upstate has helped Materials Sciences LLC as a small business expand our facilities, composite manufacturing capabilities and employee base at an extraordinary rate. We’re excited for the bright future of our company as part of a community that continues to foster innovation and economic development.”

“It’s exciting to see existing, innovative companies continue to expand in our state,” said Governor Henry McMaster. “We congratulate Materials Sciences LLC for growing their presence in the Upstate through this newest investment and the 34 new jobs it will create.”

“When a South Carolina business grows the way Materials Sciences LLC has, it’s yet another testament that we are a state that fosters manufacturing,” said Secretary of Commerce Bobby Hitt. “We appreciate MSC’s commitment and longstanding relationship with Greenville County and our state.”

Materials Sciences LLC is an excellent example of a company that has found the formula for success in Greenville County,” said Greenville County Council Chairman and Greenville Area Development Corporation Board Member H.G. “Butch” Kirven. “Materials Sciences LLC designs, develops and manufactures custom composite materials for clients in the commercial, energy and defense sectors. As an innovation-driven business with strong entrepreneurial energy, we salute them for their amazing progress and wish them continued success as a valued member of our business community.”

Posted February 13, 2020

Source: South Carolina Office of the Governor

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