Coastal Corrugated Inc. Announces Expansion in Dorchester County

Columbia, South Carolina

July 25, 2011 – Gov. Nikki
Haley, the South Carolina Department
Commerce and Dorchester County today announced that
Coastal Corrugated Inc., a packaging manufacturer, will expand its current operations in
Dorchester County. The
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
CEO of Coastal Corrugated Inc.

Coastal Corrugated will add
an additional
40,000 square feet
the company’s facility in
Dorchester County. The company
has secured a
contract with
Robert Bosch in
Charleston to produce packaging for
manufactured parts for "just-in-time" delivery. The company
expects to have the expansion completed by
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
South Carolina’s business community for more than two
decades, and this expansion shows the company’s commitment to
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
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
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
new positions. Anyone
interested in job opportunities with the
company should contact Jennifer Douglas
at 843-552-2697, extension 311.

Coastal Corrugated Inc.
established in 1987 in Charleston, S.C., and was
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
company, please

About S.C. Department of Commerce

The S.C.
Department of Commerce works closely with
economic development
professionals throughout
the state to recruit
jobs and investments and help
existing businesses grow. In 2010, Commerce recruited a
record 20,453 new jobs and
billion in capital investment. Commerce won the Gold Shovel Award and the
of Year Award in
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,, Heinz, ZF Group,
BMW and Google
Inc. In
addition to job and
recruitment, the agency provides a range of
business support services and offers grants for community development and infrastructure improvements. For more information, visit