BISHOPVILLE – Martech Research, located at 310 Truman Road in the former Dorby Frocks building, announced plans Wednesday to invest $4.65 million in expansion of its facility.
Benny Maresca, technical director for Martech Research, said the expansion will generate 60 new jobs.
Martech Research, also referred to as Biological Solutions, is a maker of synthetic and natural chemical products.
“We are pleased to grow our presence in South Carolina,” Maresca said. “Bishopville has provided us with an excellent business environment and a skilled workforce. This expansion will allow us to better serve our current customers and increase our market share.”
Martech Research, also referred to as Biological Solutions, has bought the Kellve Building at the James Industrial Park and will upgrade the facility to handle the company’s manufacturing and warehousing operations. The new facility will be used in the production of the company’s expanded biological, microbial, synthetic and natural chemical products.
Lee County Administrator Alan Watkins said the county council has given final approval to a fee
in lieu agreement will serve to reduce the company’s property tax from 10.5 to 6 percent.
“This is great news for Lee County,” Watkins said. “Any time you talk about new jobs, it’s a good thing. And the company has told council that there could be as many as 100 jobs in the future.”
Lee County Economic Alliance Director Jeff Burgess said expansion of existing industry is big news for any community.
“About 70 percent of the new jobs and investment typically come from the expansion of existing industry,” Burgess said. “Unfortunately, this is often overlooked. New industry is important, but expansion of existing industry is also important.”
State officials said the company’s announcement was good for the state.
“While we work every day to bring new companies to South Carolina, it is always exciting to see one of our existing businesses expand,” said Gov. Nikki Haley. “We celebrate Martech Research’s investment in Bishopville and the 60 new jobs the company will create.”
In 2011, South Carolina recruited more than $4.7 billion in investment and more than 13,000 new jobs in the manufacturing sector.
“South Carolina has a long history in the chemical production industry and today’s announcement shows that this sector continues to thrive in our state,” said Secretary of Commerce Bobby Kitt. “Martech Research’s decision to expand in Lee County is another indication our business-friendly climate is helping companies grow.”
Local officials also welcomed the announcement.
“We are excited about Bio(logical) Solutions expanding its operations in Lee County,” said Lee County Councilman Gordon Eckley. “The new investment and job creation are great for the county’s economy and will allow our citizens the opportunity to gain employment with a strong company.”
“We value and appreciate what Martech Research has done, is doing and will do in Lee County and look forward to their continued growth in our community,” said Bishopville Mayor Alexander Boyd.
Martech Research plans to hold a ribbon cutting for the new facility later in the spring.
The company will begin hiring for the new positions this month. Anyone interested in job opportunities with the company should contact Denise McNeil at SCWORKS at (803) 432-5153.
The Coordinating Council for Economic Development approved a rural infrastructure grant worth $100,000 for the county to help with the building renovations.
Headquartered in South Carolina, Martech provides all-natural, custom-manufactured products to a host of globally-recognized businesses. The company is a global leader in green biological, microbial, synthetic and natural chemical products. For more information, visit www.martechresearch.com.