Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

US-Stevia Plans Cheraw, South Carolina, Agribusiness

04/06/2018
US-Stevia is establishing new agribusiness operations at 70 Carolinas Centre Lane South in Cheraw, South Carolina. The company’s $21 million investment is projected to create 50 new jobs in Chesterfield County.

US-Stevia and its partners will grow, extract and sell stevia, a natural, no-calorie sweetener solution. The company’s vertically-integrated approach includes a unique, natural extraction and purification process, as well as direct, hands-on involvement in every step of the supply chain, from seed and crop production to the finished product.

The Coordinating Council for Economic Development has approved job development credits, as well as a $100,000 Rural Infrastructure Fund grant to Chesterfield County to assist with the cost of building improvements.

“We are pleased to be able to locate our operations and new facilities in Chesterfield County. The location itself aligns perfectly with our crop and product expansion plans for the coming years, and we are quite excited to find ourselves in a place where we can both tap into a wealth of agribusiness resources, while at the same time adding value to those resources as we expand our operations. We look forward to our partnership with Chesterfield County and the State of South Carolina, as well as the opportunity to add value to the agribusiness industry in the state, “ said US-Stevia, LLC President Hal Teegarden.

US-Stevia’s Chesterfield County operations are projected to come online by the fourth quarter of 2018. Hiring for the new positions should begin in the third quarter of 2018.

“South Carolina is a proud agribusiness state, and we are excited to have US-Stevia, LLC come here as we continue to expand one of our state’s largest economic sectors, “ Governor Henry McMaster said.

“South Carolina has a long history in agribusiness, and it’s one of our key wealth-creating industries. Today’s announcement is another indication that sector is thriving. We’re excited to welcome US-Stevia to Chesterfield County and look forward to watching them succeed for years to come,” said Secretary of Commerce Bobby Hitt.

“US-Stevia, LLC’s $21 million investment in Chesterfield County is another great success story for South Carolina’s $42 billion and growing agribusiness industry. More and more companies are calling South Carolina home thanks to our agribusiness-friendly climate and our commitment to growth and innovation, “ S.C. Agriculture Commissioner Hugh Weathers said.

“On behalf of Chesterfield County, we want to welcome US-Stevia, LLC and look forward to seeing this company prosper and grow. Thanks goes to our economic development office and staff for their work on this project. The Carolinas Centre Industrial Park has been and continues to be a collaborative effort between the county and the towns of Cheraw and Chesterfield. We also want to thank their leadership for the role they have played in reaching this milestone, “ said Chesterfield County Council Chairman Al Johnson.

Exclusive Research