A Virginia company is making a major investment in the Upstate and Midlands in South Carolina.
Luck Cos., a provider of crushed stone aggregates and environmental performance products, announced it is growing its quarry operations across South Carolina.
The company will develop new sites in Chester, Edgefield, Saluda and Spartanburg counties and expand its existing sites in Fairfield and Kershaw counties, according to a news release. The combined investment of $450 million will create 70 new jobs.
“Our growth strategy is about expanding the reach of our people-focused mission,” Luck Cos. Chief Growth Officer Joe Carnahan said in the release. “We believe in creating opportunities for our associates, and for those in the community. Our goal is to have a positive impact across the new communities we’re joining, including the counties of Chester, Edgefield, Fairfield, Kershaw, Saluda and Spartanburg.”
Luck Cos. will invest $93 million to develop a new site in Chester County, creating 25 new jobs. Along with the quarry component, the site will include acreage dedicated to agricultural education and a multi-use, economic development portion.
“We are delighted by Luck Stone’s commitment to invest $92 million on 277 acres in Chester County that will create 25 new jobs,” Chester County Administrator Brian Hester said in the release. “To be a good neighbor, they even purchased an adjacent 90 acres and down zoned that parcel to agricultural to provide a buffer. This project is expected to lower both aggregate material and construction costs in our community. We are looking forward to seeing them breaking ground in the future.”
Over the next 20 years, Luck Companies will invest $70 million to develop its 434-acre quarry site in Edgefield County, creating 10 new jobs.
In Saluda County, the company will invest $40 million over the next 10 years and create 10 new jobs to develop the 330-acre quarry site. The Edgefield and Saluda sites will support increased development along the Interstate 20 corridor.
The Spartanburg County site, located in Enoree, represents a $132 million investment over the next 20 years and approximately 25 new jobs. In addition to the quarry, this site will also feature opportunities for commercial development.
Luck Companies’ Fairfield County site, located along Highway 34 near Ridgeway, provides construction aggregate materials for the growing Interstate 77 corridor and includes space for future economic development. The company will invest approximately $90 million in this site, over the next 20 years, to meet growing demand.
“Fairfield County is excited to be a part of the Luck Companies expansion plans for South Carolina,” Fairfield County Council Chairman Doug Pauley said in the release. “The $90 million investment in the Fairfield County community is just the beginning of economic development growth not only in Fairfield County, but across this great state. We are enthusiastic to have Luck Companies as a partner in growth for many years to come!”
Acquired in 2018, the Kershaw County site, located west of Highway 601 in Kershaw, makes products that support the building of roads and site development as well as larger stones that support coast protection. The company will invest an additional $25 million to build a permanent plant at this location.
“We are thrilled to have Luck Companies investing $25 million in Kershaw County as it strategically expands its footprint and operations in South Carolina,” Kershaw County Council Chairman Ben Connell said in the release. “The creation of a permanent plant at this location in Kershaw County will support products that are used to build infrastructure, including roads throughout our state, and also protect the environment by limiting coastal erosion.”
Founded in 1923 and headquartered in Virginia, Luck Cos. provides materials and services through its three business units: Luck Stone, Luck Ecosystems and Luck Real Estate Ventures. The company serves as a partner for customers in the construction, civil engineering and environmental industries.
The plants in Fairfield and Kershaw counties currently have over 30 existing employees.
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