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Manufacturing

Thermoplastics company to invest $13 million in Kershaw County, create 54 jobs

Manufacturing
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Orion Performance Compounds Inc. will invest $13 million in a new manufacturing and distribution facility at the Heritage Pointe Industrial Park in Lugoff in Kershaw County. (Rendering/Kershaw County Economic Development Office)

Orion Performance Compounds, Inc., a manufacturer of highly engineered thermoplastic compounds, will invest $13 million to establish operations in Kershaw County, creating up to 54 new jobs.

The company blends melted resins with carbon fiber, lubricants and other additives to form custom materials for use in a wide variety of markets including automotive, medical, aerospace, according to a  news release.  

Orion’s new 50,000-square-foot manufacturing and distribution facility will be located at 15 Mesa Lane in the Heritage Pointe Industrial Park in Lugoff. Operations are expected to be online by the second quarter of 2023.

“The Lugoff site was selected after an extensive multi-state search,” said Tom Drye, the company’s CEO. “The state of South Carolina and Kershaw County were very welcoming to our planned business and removed any hurdles along the way.”

The Coordinating Council for Economic Development approved job development credits for the project and also awarded a $300,000 set-aside grant to Kershaw County to assist with the costs of building improvements, the release said.

“This announcement provides a welcome economic boost and great addition to Kershaw County’s diverse and growing business sector,” said Kershaw County Council Chairman Julian Burns.

 

Reach Christina Lee Knauss at 803-753-4327.

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