Premium Peanut announced Monday that it has completed the purchase of the northernmost tract in the South Carolina Gateway Park on Knowles Street in Santee.
The company will begin site preparation this week and anticipates construction of the first structure very soon.
“The purchase of this land is the first step in what we see as a strong partnership that our company will have with the farmers of South Carolina,” Premium Peanut President and CEO Karl Zimmer said in a release.
“Premium Peanut has committed to return more value back into the pockets of peanut growers, and in turn, their local communities, so we are eager to begin construction to do just that. Construction will begin soon, and we expect Phase I of the project to be complete by spring 2023,” Zimmer said.
The company announced plans last year to establish operations in Orangeburg County. The $64.3 million investment will create 130 new jobs.