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Bridgestone investing $1.2B in SC, adding 850 jobs - Live5News.com | Charleston, SC | News, Weather, Sports

Bridgestone investing $1.2B in SC, adding 850 jobs

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GRANITEVILLE, S.C. (AP) - Bridgestone Americas Inc. officials say the tire company is investing $1.2 billion total in three projects in Aiken County, creating more than 850 jobs by 2020.

Bridgestone says it will build its new 1.5 million-square-foot radial tire plant in phases, plus expand its existing light truck tire plant by 474,000 square feet. Completion of the new plant is expected in 2020.

Those projects are in addition to the announcement in July to add 266,000 square feet to Bridgestone's current plant.

Wednesday's announcement is the largest initial capital investment by a company in South Carolina history, according to Gov. Nikki Haley. The value eclipses Boeing's 2009 promise to bring $750 million to the state, though Boeing promised 3,800 jobs with its facility in North Charleston.

Copyright 2011 The Associated Press. All rights reserved.

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