Posted at 10:28 AM
“Samsung’s investment is great news for South Carolina and the United States, and it is a direct reflection of the fact that America is becoming an even stronger destination for global businesses looking to grow,” said United States Commerce Secretary Wilbur Ross. “I congratulate Samsung on its expansion in the United States and wish the company success as it starts up its new facility in South Carolina.
“I am proud to say that President Trump has the most rational approach to business of any recent commander-in-chief, and that this Administration remains committed to creating an environment where U.S. workers can be competitive on the global stage," said Secretary Ross.
When fully operational, the plant will employ workers across a broad range of advanced manufacturing roles, including craftsmen, operators, engineers and other both technical and non-technical positions.
The company ultimately selected the Newberry County site for its high-skilled workforce, robust supply chain and transportation infrastructure and commitment to public-private partnerships.
The facility will produce premium home appliances including washing machines from early next year. Samsung already operates a call center in Greenville, South Carolina, that supports 800 full time and contracted jobs.
The United States is currently home to more foreign direct investment (FDI) than any other country in the world, with a total of $3.1 trillion at the end of 2015. FDI supports more than 12 million direct as well as indirect U.S. jobs and is responsible for more than one-quarter of all U.S. goods exports ($425 billion).
This announcement comes after the SelectUSA Investment Summit where Secretary Ross encouraged foreign investors and local communities to utilize SelectUSA to create mutually beneficial relationships to facilitate business investment in the United States.
Housed within the U.S. Department of Commerce’s International Trade Administration, SelectUSA promotes and facilitates business investment into the United States by coordinating related federal government agencies to serve as a single point of contact for investors. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions; connect to the right people at the local level; navigate the federal regulatory system; and find solutions to issues related to the federal government. For more information, visit www.selectusa.gov.