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Chinese textile manufacture to invest $218 mn to establish its US operations

Related Keywords: Chinese Textiles, Indian Land, Keer Group, Lancaster County, manufacturing, South Carolina

Keer Group, Chinese textile manufacturer and yarn spinner to invest $218 million to establish its U.S. operations, which will be named Keer America Corp., in Indian Land, S.C. The investment includes construction of a 230,000-square-foot manufacturing facility and the creation of 501 jobs to Lancaster County, South Carolina over the next five years.

The Keer Group is building its first facility outside China. But in exchange for bringing jobs to South Carolina, the company will pay less than half of the property tax rate and receive a 7.7 million dollar bond to help pay for construction.

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