COLUMBIA, S.C. (AP) - A Singapore-based tire manufacturer plans to spend $560 million in a Chester County plant expected to create 1,700 new jobs over the next decade.
State officials announced Monday that Giti Tire is building its first North American manufacturing facility in Richburg. The 1.8 million square-foot manufacturing and distribution facility will be built off Interstate 77.
The Chester County plant will make passenger and light truck tires.
The plant's initial capacity is expected to be five million tires annually. Officials hope demand will require increased capacity.
Commerce Secretary Bobby Hitt says the announcement bolsters the state's reputation as the nation's tire capital. Michelin, Bridgestone, and Continental also have announced new or expanded facilities in the last few years.Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.