News Summary
ALLTAPE Adhesive Manufacturing Inc. has announced a major investment of $70 million in Lexington County, South Carolina. This marks the company’s first operation in the state and is expected to create 130 new jobs. Set to open by July 2026, the new facility will include production lines and office spaces in the Saxe Gotha Industrial Park, enhancing local business opportunities and boosting the economy.
Exciting Times for Lexington County as ALLTAPE Announces New $70 Million Investment!
Lexington County, South Carolina, is buzzing with anticipation following the announcement of ALLTAPE Adhesive Manufacturing Inc.’s decision to invest a whopping $70 million in the area. This investment marks the company’s first operation in the state and is expected to create 130 brand new jobs for the community.
A Bright Future Ahead
The announcement was made on March 13, 2025, and it couldn’t have come at a better time for the region. The new 125,000-square-foot facility is set to be located in the Saxe Gotha Industrial Park, which is an ideal spot for companies looking to thrive in a well-connected area. This facility will not just house production lines; it will also include office space, allowing for a comprehensive operation on site.
ALLTAPE is a proud member of the ATP Group, a company that originated in Germany and has made a name for itself in the adhesive manufacturing industry. They specialize in sustainable and solvent-free adhesive products, making significant strides in eco-friendly business practices. With their water-based adhesives being utilized in sectors like automotive, transportation, foam, and plastics, it’s clear that ALLTAPE is carving out a vital niche in the market.
What This Means for the Community
The CEO of ATP Group expressed how this development signifies a pivotal moment in their expansion plans across the United States. Local leaders are equally enthusiastic about the positive ramifications this investment will have on the economy. The jobs created will not only offer new opportunities to the residents of Lexington County but also help boost local businesses and services as the community grows.
The operations at ALLTAPE’s new facility are projected to kick off by July 2026, giving local job seekers the chance to get involved in this exciting new venture. The timing is perfect as the community can start preparing for the influx of new job opportunities, and all the benefits that come along with it.
The Support Behind the Scenes
It’s worth noting that the Coordinating Council for Economic Development has given the green light for job development credits to be allocated for this project. This financial assistance makes it easier for ALLTAPE to establish their operations and ensures that the jobs created will go a long way in helping the local workforce.
In addition, Lexington County received an impressive $600,000 Set-Aside grant. This grant will assist with site preparation and construction costs, ensuring that the facility will be ready to roll by the time operations begin. Such support underscores the commitment from local authorities to attract and support businesses in the area.
Local Voices Express Excitement
Local officials have been enthusiastic about the prospects that ALLTAPE brings to Lexington County. The chairman of Central SC Alliance shared congratulations and highlighted the synergies that ALLTAPE’s products will foster with existing local industries. The collaboration could lead to innovation and growth, benefitting everyone involved.
In an inspiring move, Lexington County can proudly welcome ALLTAPE Adhesive Manufacturing Inc. into their community, bringing more than just an investment; it’s about creating a brighter, more prosperous future for everyone. As the date draws closer for the commencement of operations, the residents can look forward to a surge of new job opportunities and an invigorated local economy.
Stay tuned for more updates on this exciting development. Lexington County is surely on the cusp of something great!
Deeper Dive: News & Info About This Topic
HERE Resources
ALLTAPE to Establish Operations in Lexington County with $70 Million Investment
ALLTAPE to Establish New Facility in Lexington County
ALLTAPE to Open New Manufacturing Plant in Lexington County
Additional Resources
- Columbia Business Report
- Wikipedia: Economic Development
- The State
- Google Search: Lexington County Economic News
- GSA Business
- Google Scholar: Lexington County Business Growth
- Cola Daily
- Encyclopedia Britannica: Economics
- Greenville Business Magazine
- Google News: Business Expansion Lexington County
Author: STAFF HERE LEXINGTON WRITER
The LEXINGTON STAFF WRITER represents the experienced team at HERELexington.com, your go-to source for actionable local news and information in Lexington, Fayette County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Woodland Art Fair, Crave Food and Music Festival, and Railbird Festival. Our coverage extends to key organizations like Commerce Lexington and Blue Grass Community Foundation, plus leading businesses in education, manufacturing, and technology that power the local economy such as University of Kentucky, Toyota Motor Manufacturing, and Lexmark. As part of the broader HERE network, including HEREBowlingGreen.com and HERELouisville.com, we provide comprehensive, credible insights into Kentucky's dynamic landscape.
