“This is another huge win for our state and Team South Carolina. We are the nation’s tire capital, and Giti’s decision to come to our state is another great sign that our economic development efforts are paying off for the hardworking people of South Carolina. We celebrate Giti Tire’s $560 million investment that will create 1,700 new jobs in our growing tire industry.” –Gov. Nikki Haley
“We are pleased to welcome our new partner to the Chester County business community. Giti Tire is known worldwide for their industry leadership and commitment to producing the highest quality products available in the marketplace today. This significant investment in a North American production facility means they are serious about expanding their global brand and continuing to lead the industry for many years to come. We are elated that they chose Chester, South Carolina and are anxious to work with them building this new world class tire manufacturing operation.”
–Brian Singleton, chairman of the Chester Development Association
Giti Tire, the 10th largest tire company in the world, will establish its first North American manufacturing facility in Chester County. The company plans to invest $560 million and create 1,700 new jobs over the next decade in order to meet the growing demand of the North American market.
The company announced its plans today during an event at the GATEWAY Conference Center in Richburg, where state and local officials – including Gov. Nikki Haley and Singapore’s Ambassador to the U.S. Ashok Kumar Mipuri – joined to celebrate Giti’s location decision.
Based in Singapore, Giti Tire will produce both passenger and light truck tires for the Original Equipment Manufacturer (OEM) and replacement markets in the Chester County plant. The new facility, which will be located on the Carolinas I-77 Mega Site, will combine manufacturing and distribution activities, with total building area estimated to be 1.8 million square feet.
During the first phase of production, the plant’s capacity is expected to be five million tires annually. Giti Tire plans to further increase production capacity in response to future market demand and conditions. The Chester County facility represents Giti’s ninth manufacturing plant in its global system.
The company’s decision to locate in South Carolina was driven by a number of factors, including the area’s workforce and training opportunities through the technical college system, proximity to major transportation infrastructure and deep-water port facilities in Charleston, market access to the growing Southeast region and the state’s business-friendly environment.
readySC will be assisting the company with the recruiting and training of its initial workforce.
FIVE FAST FACTS
- Giti Tire, the 10th largest tire company in the world, will establish its first North American greenfield manufacturing facility in Chester County.
- $560 million to create 1,700 new jobs over the next decade.
- New facility will combine manufacturing and distribution activities, with total building area estimated to be 1.8 million square feet.
- Plant to produce up to five million tires during the first phase of production, with plans to further increase production capacity in response to future market demand and conditions.
- readySC will be assisting the company with the recruiting and training of its initial workforce.
Ready to join the force. Listed are homes near Giti Tire new site:
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