Company Investing $450M Across SC
FAIRFIELD – Luck Companies has announced it is investing $90
million to expand its quarry operations in Fairfield County.
It’s investing an additional $360 million across the state
to develop new sites in Chester, Edgefield, Saluda, Spartanburg and for
expansion of its operations in Kershaw.
The combined investment of $450 million will be made over a
20-year span and create 70 new jobs over that time across the state, according
to an announcement by the company on Tuesday.
In the Fairfield County mining site, located along Highway
34 near Ridgeway, produces construction aggregate materials for the growing
Interstate 77 corridor and includes three developed spaces for future economic
development, according to the announcement.
“Fairfield County is excited to be a part of the Luck
Companies expansion plans for South Carolina,” said Doug Pauley, Chair of the
Fairfield County Council. “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.”
Luck Companies will invest $93 million to develop a new
quarry site in Chester County that will include acreage dedicated to agricultural
education and a multi-use, economic development portion, according to the
company. It will also invest $70 million to develop its 434-acre quarry site in
Edgefield County, and $40 million to develop a 330-acre quarry site in Saluda.
The announcement said the Edgefield and Saluda sites will
support increased development along the Interstate 20 corridor, according to
the announcement.
The Spartanburg County site, located in Enoree, represents a
$132 million investment. In addition to the quarry, this site will also feature
opportunities for commercial development.
Founded in 1923 and headquartered in Virginia, Luck
Companies 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.
