Michelin North America is bringing 270 new jobs to Lexington County, S.C. Gov. Nikki Haley and company officials announced on Monday. The tire manufacturer will invest an estimated $200 million in the project, according to a company release.
No incentive information regarding the expansion was immediately available from the S.C. Department of Commerce.
“We must have additional capacity for high performance passenger car tires to meet our customers’ needs,” Michelin North America president Dick Wilkerson said. “We’re thrilled that the expansion will be in our home state of South Carolina.”
Michelin currently employs more than 1,800 people at two facilities in Lexington County. The French firm has invested over $1 billion in South Carolina since it established its presence in the state thirty years ago.
“This announcement not only shows the company’s commitment to our state, but that we are doing right things to help South Carolina’s existing businesses grow,” Haley said. “We look forward to Michelin’s continued growth in South Carolina.”
Haley’s announcement comes as tensions between her and Lexington County leaders had reached a boiling point over the controversial Amazon.com deal – the unraveling of which has cost the county several thousand jobs.