Shanghai Labon Technical Fiber Co., Ltd. expects to create 23 new jobs at its new manufacturing unit. The Coordinating Council for Economic Development has approved job development credits related to the new project.
“Labon is excited to launch our first operations in the US in Orangeburg County. Between the skilled workforce and friendly business climate, this decision was easy for us. This development will allow us, not only to accommodate our continued business growth, but better serve our customers as well,” said Hongxin Chen, general manager, Labon.
Established in Shanghai, China in 2005, Labon specialises in the research, development and manufacturing of technical fibres and textiles for use across a variety of applications, including sealing, friction, hand protection and flame-retardant products.
“We welcome this quality international company. Labon’s decision to locate in Orangeburg County once again validates our quality workforce, superb location and robust utility network. We are truly grateful,” said Johnnie Wright Sr., chairman, Orangeburg County Council.
“Over 60 per cent of the announced capital investment here in our region over the past two years has been from foreign-owned enterprises. Today, South Carolina and, specifically, Orangeburg County celebrate another foreign direct investment win for our communities. Congratulations to Labon on their first US location. We look forward to their successes and watching them grow for many years to come,” said Mike Brenan, Chairman, Central South Carolina Alliance. (KD)
Fibre2Fashion News Desk – India