Specialty fiber manufacturer Teijin broke ground on its new carbon-fiber facility on Hwy 246 South in Greenwood on Friday. Subsidiary Teijin Carbon Fibers says it plans to invest $600 million and create 220 jobs by 2030, which would be the largest initial capital investment in Greenwood. 

Teijin, aiming to be an enterprise that supports the society of the future, will further evolve its carbon-fiber businesses under a long-term vision to reduce the environmental footprint to satisfy tightening environmental regulations worldwide.

“We look forward to this new chapter of Teijin’s expansion in the U.S.,” said Yukito Miyajima, president of TCF. “We are strengthening its global upstream-to-downstream carbon fiber business. We have been leveraging research and development to expand carbon fiber business in the aircraft and automotive fields.Throughout this process, we looked at multiple locations, but ultimately, with the support of local and state government officials, we chose Greenwood as the ideal location for our new U.S. carbon fiber facility.”

"South Carolina continually strives to build upon our manufacturing industry, and Teijin's expansion and commitment to our state is proof that our hard work is paying off," said Bobby Hitt, Secretary of Commerce, South Carolina. "We treasure our relationship with Teijin and look forward to industry success for years to come."

“We are thrilled to welcome Teijin to Greenwood and look forward to the growth and opportunity it will bring to this community,” said Heather Simmons Jones, CEO of Greenwood Partnership Alliance. “After years of extensive preparation, we could not be more excited to watch this project come to life. We are so grateful for their commitment to both Greenwood County and the state of South Carolina.”