Courtesy The Business Journal
Written By: Matt Evans, The Business Journal
Greensboro, NC -- BauschLinnemann North America will consolidate its operations in Myrtle Beach, closing its Greensboro factory and headquarters as a result.
A news release about the relocation did not say how many jobs would be affected in Greensboro, but the opening of the new facility will create 55 jobs in South Carolina. The company is investing $8 million in the move, and the project should create about $31 million in annual economic impact for the Myrtle Beach area.
BauschLinnemann produces surfaces and edge bandings used in the furniture industry. It acquired Coastal Paper in Myrtle Beach in 2010 and a Canadian firm, CDM Papier Decor, earlier this year. The consolidation in Myrtle Beach is meant to create efficiencies between the operations, said Mike Phillips, CEO of BauschLinnemann North America.
""We are pleased to establish our new production facility and North American headquarters in Horry County. South Carolina has the right business environment for us and has the skilled work force we need. We appreciate all the support we've received from state and local officials in moving this project forward," he said.
The news release said the new facility will be completed by the summer of 2013. A report in the Myrtle Beach Sun News said the Greensboro office will close at that time.
BauschLinnemann North America is a part of BauschLinnemann GmbH, a business unit of SURTECO.