Coastal Corrugated Inc. Announces Expansion in Dorchester County

Columbia, South Carolina

July 25, 2011 - Gov. Nikki Haley, the South Carolina Department of Commerce and Dorchester County today announced that Coastal Corrugated Inc., a packaging manufacturer, will expand its current operations in Dorchester County. The $1.5 million investment is expected to generate 26 new jobs.

"We are excited about the opportunity to expand our business footprint in the Lowcountry. South Carolina has continually provided our company with a positive business environment and talented workers. This new expansion is an important step for our company as we move forward," said Jim Bozard, founder and CEO of Coastal Corrugated Inc.

Coastal Corrugated will add an additional 40,000 square feet to the company's facility in Dorchester County. The company has secured a contract with Robert Bosch in Charleston to produce packaging for specialized manufactured parts for "just-in-time" delivery. The company expects to have the expansion completed by December of this year.

"Improving South Carolina's economic climate so that more of our existing businesses can grow and create jobs is a top priority for this administration"” said Gov. Nikki Haley. "Coastal Corrugated's decision to expand is another indication our efforts are on the right track."

"Coastal Corrugated has been part of South Carolina's business community for more than two decades, and this expansion shows the company's commitment to our state. This announcement also serves as another sign that our state's business-friendly climate, skilled workforce and exceptional market access are helping existing companies grow," said Bobby Hitt, Secretary of Commerce.

Dorchester County Council Chairman Larry Hargett said, "The decision for Coastal Corrugated to expand their operations is not only a sign of strength for the organization as a whole, but is also further proof that Dorchester County has the right environment for success. Through corporate investment such as this, it is clear that our industries are finding their niche here through low business costs and a growing labor pool."

"Coastal Corrugated is a stellar corporate citizen, and we are proud to have them as a business partner within North Charleston," commented Mayor Keith Summey. "We welcome their renewed commitment to doing business here, and are especially energized by the high-caliber, high-paying jobs they are adding to our community."

The company has already begun hiring for the new positions. Anyone interested in job opportunities with the company should contact Jennifer Douglas at 843-552-2697, extension 311.

Coastal Corrugated Inc. was established in 1987 in Charleston, S.C., and was the first direct manufacturer of corrugated packaging in the area. The company has continued to grow and is a past recipient of the Charleston Metro Chamber of Commerce’s Small Business of the Year. Coastal Corrugated produces a wide range of specialized corrugated packaging, primarily for manufacturers and distributors. For more information about the company, please visit  www.coastalcorr.com.

About S.C. Department of Commerce

The S.C. Department of Commerce works closely with economic development professionals throughout the state to recruit new jobs and investments and help existing businesses grow. In 2010, Commerce recruited a record 20,453 new jobs and $4.1 billion in capital investment. Commerce won the Gold Shovel Award and the Deal of Year Award in 2011 from Area Development magazine. Trade & Industry Development magazine selected two projects recruited by Commerce and its allies in 2010 for the magazine's annual Corporate Investment & Community Impact Award. Commerce's efforts have resulted in the successful recruitment of numerous world-class companies such as Boeing, Monster.com, Heinz, ZF Group, BMW and Google Inc. In addition to job and investment recruitment, the agency provides a range of business support services and offers grants for community development and infrastructure improvements. For more information, visit www.SCcommerce.com.