Arial Mill developer leases Shaw Flooring facility > GSA Small business

Arial Mill developer leases Shaw Flooring facility > GSA Small business

Blue Diamond Industries, a subsidiary of the Swedish designer and producer of fiber optic infrastructure Hexatronic Team AB, has picked Clinton as the site of its initially East Coastline operations facility. 

The company’s $18 million investment decision is envisioned to produce a lot more than 90 careers in the location, according to a news launch. 

Blue Diamond Industries produces high density polyethylene conduit merchandise for the safety of fiber optic, info and ability cables to provide requires in electrical power utility, cable television, broadband and professional and industrial markets. 

Farpoint Progress, the Chicago and Asheville-based mostly developers that just lately acquired Alice Co.’s Arial Mill, partnered with Annenberg Investments to obtain the 200,000-sq.-foot vacant industrial making, the information launch mentioned. The associates then leased the residence to Blue Diamond Industries. 

“We are thrilled to welcome Blue Diamond Industries to their new website at 877 Torrington Street,” Justin Patwin, controlling director at Farpoint Development, said in the release. “The site and current creating are a great alternative for their procedure, and it’s fascinating to know they’ll be contributing to expanding the nation’s critical infrastructure from the coronary heart of Upstate South Carolina in Laurens County. The home previously served Shaw Flooring for numerous years, and we hope that this will be their dwelling for quite a few decades as effectively.

Arrive at Molly Hulsey at 864-720-1223.