Global Recovery LLC Announces New Facility in Dorchester County

Columbia, South Carolina

July 13, 2009 - The South Carolina Department of Commerce and Dorchester County today announced that Global Recovery LLC will locate its new facility in Dorchester County. The $590,000 investment is expected to generate 15 new jobs. Global recovery is a world leader in providing environmental solutions to industry for recycling and waste management.

“We are pleased to further our operations in South Carolina with a new facility in Harleyville. The new facility will allow us to increase our productivity and expand our recycling and processing efforts. Dorchester County is an excellent fit for us, providing a positive business environment, strong labor force and an existing building to suit our needs. We appreciate all the support we’ve received from state and local officials,” said John E. Beach, president and CEO of Global Recovery.

Global Recovery is locating its new operations in the former Pioneer Boat Manufacturing facility in Harleyville. The company intends to use the facility to increase the amount of plastics it processes and to accept a broader range of materials for recycling. The company expects the new equipment will help increase the value of the processed plastic materials. Global Recovery plans to begin hiring for the positions in August.

"Global Recovery is a growing company in the recycling industry and this announcement furthers their commitment to South Carolina. Global Recovery's decision to locate its new facility in Dorchester County is a clear sign that our business-friendly climate and skilled workforce are helping existing businesses grow even in these challenging times. Thanks to the team effort of state and local officials, Dorchester County will benefit from this investment now and in the future," said Joe Taylor, Secretary of Commerce.

"We are excited that Global Recovery chose Dorchester County as the location for their new facility," said Jamie Feltner, Chairman of the Dorchester County Council. “Not only will the project create jobs in a rural part of our community, this forward-thinking and innovative company will utilize a facility that has stood vacant for about a year."

Global Recovery LLC specializes in the recycling, reclamation and treatment of industrial waste products. Global Recovery recycles a wide range of materials, which has helped the company succeed even in volatile economic times. The company is headquartered in St. George, S.C. For more information, please visit www.geai.com.

About S.C. Department of Commerce

As South Carolina’s leading economic development agent, the Department of Commerce works closely with economic development professionals throughout the state to recruit new businesses and jobs and help existing businesses grow. In 2008 Commerce recruited a record 18,993 new jobs and $4.17 billion in capital investment.  Many well-known names and world-class companies chose to invest in South Carolina during 2008, some of which include: Target Corp., Home Depot, Heinz, Monster, American Titanium Works, BMW, Michelin and URS Corp. Commerce also assists companies in locating buildings and sites in which to operate, offers grants for community development and infrastructure improvements and provides tools to enhance workforce skills. For more information, visit www.SCcommerce.com.