COLUMBIA, SC – The South Carolina Department of Commerce, Charleston County and the Charleston Regional Development Alliance announced Tuesday that Odfjell Holdings Inc. will establish new operations in Charleston County.
The $37 million investment is expected to initially generate 12 new jobs over the next three years. The investment will also impact construction and support services employment.
"We are excited about the opportunity to start new operations in North Charleston. South Carolina offers us an excellent business environment in which to work and provides us with a talented workforce. The Charleston area also offers us a location near one of the busiest ports on the East Coast. We appreciate all the support we have received from state and local officials," said Albert M. Noggle, Vice President of Finance for Odfjell Holdings (US) Inc.
Odfjell, a Norwegian shipping company, will build a distribution facility with deep draft marine, rail and truck accessibility to be located along the Cooper River shipping channel. The company expects to have construction complete and the new facility operational by 2013.
"The new terminal site in Charleston will consist of 40 tanks with deep draft marine, rail and truck accessibility. This will be a great supplement to our existing terminal in Houston and our worldwide tank terminal network. When combined with our shipping network this facility will provide additional distribution options for our customers delivering even more efficiency to their supply chains," said David A. Ellis, President of Odfjell Holdings (US) Inc.
Secretary of Commerce Joe Taylor said, "Odfjell is world-class company and a leader in providing specialized transportation and distribution services. The company's decision to locate its new operations in South Carolina is another indication that our state's business-friendly climate and strong workforce continue to attract investment from companies around the globe. This announcement also serves as a testament that the Port of Charleston plays a vital role in economic development for South Carolina. We appreciate Odfjell's decision to invest here and look forward to the company's success in North Charleston."
Odfjell could begin hiring for positions as early as 2012.