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Carolina Refractories expanding operations in Horry County
United States
Carolina Refractories, a manufacturer of monolithic refractories, has announced plans to expand its operations in Horry County. The company’s $3.7 million investment will create 38 new jobs over the next five years.
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Founded in 1986, Carolina Refractories, Inc. is a leading supplier of monolithic refractories, which consists of unshaped material that is resistant to decomposition by extreme temperatures, across the United States and around the world. The company manufactures and supplies refractory products, serving the steel, aluminium, cement, foundry, incineration, power and paper industries.
Located at Ascott Valley Industrial Park in Conway, Carolina Refractories’ expansion will include the construction of a new 30,000-squarefoot facility, which will include state-of-the-art monolithic refractory manufacturing equipment and a new precast shape division to manufacture precast refractory shapes.
The expansion is expected to be complete in the fourth quarter of 2023.
The Coordinating Council for Economic Development approved job development credits related to this project. The council also awarded a $250,000 Rural Infrastructure Fund grant to Horry County to assist with the costs of site preparation and building construction.
Lee Whaley, vice president of precast and sales at Carolina Refractories said: “Carolina
Refractories is extremely excited to announce our latest investment in Horry County and the state of South Carolina. This new plant will provide superior products and services to our customers, and we are excited to begin construction.”
Governor Henry McMaster said: “When companies like Carolina Refractories continue to grow in the state, it’s further proof that we have the business-friendly environment where companies succeed.”
Horry County Council Chairman Johnny Gardner said: “Horry County strives to welcome businesses in our area and support our existing industry. Carolina Refractories is an example of success for both the company and our county.”
