Related Keywords: expected to begin operations in January, Foreign direct investment, foreign-owned enterprises, invested USD three million, set up first U.S. facility in Orangeburg County, Shanghai based firm Labon, South Carolina Department of Commerce, specializing in technical fiber and textile manufacturer
The Shanghai based firm Labon, specializing in technical fiber and textile manufacturer has invested $3.1 million to set up its first U.S. facility in Orangeburg County which is expected to begin operations in January, according to the South Carolina Department of Commerce.
The decision to set up 15,700-square-foot facility in the Orangeburg county was easy for them due to skilled workforce and friendly business climate. They will be hiring in 23 new jobs immediately.