For the second consecutive year, Ascend Performance Materials is heavily spending on an enhancement at its Greenwood campus, this time bringing 30 jobs on the strength of a $35.2 million investment.
Details on Friday about just what the venture – code named Project Lamb in documents – will bring were unknown. A public hearing and third reading on a fee-in-lieu-of-taxes agreement with the Houston-based company will take place Tuesday at a County Council meeting, where more information is expected to be shared.
In August 2017, Ascend unveiled a $6.2 million facility expansion that consolidated the company’s nylon industrial fiber line, delivering 27 jobs and adding 24 million pounds of staple production.
Ascend’s 1515 Highway 246 plant plays a critical role for the company, as its sole Fiber Center of Excellence. Officials decided to relocate staple fiber production operations from Pensacola, Florida and Foley, Alabama to the Greenwood site.
Meanwhile, county leaders took an early vote on Project Riverbend, which calls for a $17 million investment that also brings 30 jobs to the county.
Council members also went behind closed doors to talk about Project GS1 — which involves Duke Energy – and Project Cloud, which pertains to solar power, chairman Steve Brown said. Councilman Theo Lane, district manager for government and community relations for Duke, recused himself from all deliberations and action on GS1.
Most recently, the county came to terms with Caterpillar on a deal that gives the manufacturing giant 20 years of property tax breaks in exchange for a $13.5 million investment and 85 jobs.
Caterpillar is converting the former Crown Casting Industries plant at 108 Corporate Court in Hodges.
In May, Capsugel — now a Lonza company — said it would allocate $47 million and create 30 jobs as part of a 50,000-square-foot expansion at its 525 N. Emerald Road site.
A month later, Fujifilm Manufacturing USA announced a $3.9 million upgrade on its campus, bringing 67 jobs. During the 2017 fiscal year that closed out June 30, the Partnership Alliance secured $72.9 million in total investment, accounting for 197 jobs.