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Posted on: January 6, 2017

Upstate Business Journal: Ritrama announces $85 million investment in Spartanburg County

Ritrama

By Trevor Anderson, Upstate Business Journal

The economic development project in Spartanburg County codenamed “Apollo 17” has officially landed. Ritrama, the Italian chemical company previously connected to the project, announced its plan Monday to invest $85 million to establish its North American headquarters and manufacturing facility in a 350,000-square-foot facility in Moore. The company said the investment will create 150 jobs. The facility, which is expected to be fully operational by the end of 2017, will be its most “modern” and “productive” plant in the world.

“We at Ritrama are excited about expanding our North American manufacturing footprint in Moore,” said Ricardo Rink, CEO of Ritrama Group, in a statement. “Both Spartanburg County and the state of South Carolina have been very supportive to work with during this process and we are looking forward to being part of the community and bringing new jobs to our highly automated, state-of-the-art facility.”

The facility will be located on a more than 37-acre site beside Kobelco Construction Machinery USA’s new $41 million, 156,700-square-foot plant near the intersection of highways 290 and 221.

Ritrama said the facility will utilize the latest coating technologies and advanced robotics for internal logistics and packaging, as well as a fully automated storage and retrieval system for all of its warehousing requirements. Founded in 1962 in Italy by the Rink family, Ritrama is a privately owned manufacturer, seller and distributor of commodity and specialty self-adhesive materials, according to the company’s website. The company serves more than 50 countries and operates facilities in Europe, North America, Latin America and Asia.

“Ritrama’s decision to locate its facility in Spartanburg County is wonderful news, and the product of a team effort involving our County Council and county staff, the Economic Futures Group and the South Carolina Department of Commerce, alongside our valued local economic development allies, Pacolet Milliken, and utility providers,” said Spartanburg County Councilman David Britt, in a statement.

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