Richland County Public Information Office
FOR IMMEDIATE RELEASE:
Aug. 24, 2023
Film Producer Expanding in Richland County’s Carolina Pines Industrial Park
Charter Next Generation’s growth continues recent economic wins for County
(Richland PIO) – Richland County has scored another notable economic win, announcing the lease of a 210,600-square-foot speculative industrial building in Blythewood’s Carolina Pines Industrial Park to Charter Next Generation (CNG).
Located at 10741 Farrow Road, the facility will serve as an expansion of CNG’s existing operations in the County, as the company already occupies the building next door. CNG is North America’s leading independent producer of high-performance specialty film, flexible packaging solutions and other end-use products.
Along with Richland County, the joint venture involved Collett Industrial, a Charlotte, N.C.-based industrial developer; and Colliers South Carolina, a commercial real estate firm, among others.
“It’s always a wonderful day and a testament to the County’s exceptional business climate when a speculative building secures a tenant,” said Jeff Ruble, director of economic development for Richland County. “It’s doubly exciting when that tenant is an existing industry with established roots in our community. We congratulate Charter Next and Collett Industrial on this successful expansion and look forward to supporting their future growth.”
The move follows a recent trend of economic development successes for the County, including a $2 billion investment from Scout Motors, a $323 million investment by battery recycler Cirba Solutions, and a $400 million investment from Mark Anthony Brewing. Along with Charter Next Generation, Carolina Pines Industrial Park’s tenants include Belk, Husqvarna Outdoor Products, and Intertape Polymer Group, among others.
With the new lease, the last available Class A industrial space in central South Carolina is accounted for, according to Colliers South Carolina.
“The need for the supply of industrial buildings in central South Carolina is greater than ever,” said Chuck Salley, managing director of industrial services in Colliers’ Columbia office. “The demand in our market is rapidly increasing, and in order to serve expanding and new businesses in the area, the market will need to develop more properties to meet the need.”