Ritedose Corporation to construct new Richland County facility

November 30, 2017

We congratulate The Ritedose Corp and Richland County on this announcement. This latest expansion of TRC’s facility in the county further strengthens the pharmaceutical industry in the Central SC Region and this state, and speaks to the efforts made statewide in supporting existing industries.

About Central South Carolina Alliance

The Central SC Alliance (CSCA) is a full-service professional economic development organization, founded in 1994 as a 501(c)(3) not-for-profit, public/private partnership, engaged in the recruitment of capital investment and jobs to the Central Region of South Carolina. Since inception, CSCA and its partners and allies, have attracted more than $12.7 billion in capital investment and 68,600 new jobs to the Central Region of South Carolina.

CSCA represents the City of Columbia and the eight counties of Calhoun, Clarendon, Fairfield, Kershaw, Lexington, Newberry, Orangeburg and Richland. To learn more about the Central SC Alliance please visit our website at www.centralsc.org and be sure to follow us on Twitter @Central_SC and like us on Facebook.

Media Contact: Carrie Turner, Marketing and Research Coordinator cturner@centralsc.org or 803 403 7315


S.C. Department of Commerce News Release:

For Immediate Release

November 30, 2017

Ritedose Corporation to construct new Richland County facility

$10 million investment to expand operations

COLUMBIA, S.C. - The Ritedose Corporation, a pharmaceutical products manufacturer, is once again expanding its Richland County operations with a $10 million investment.

Ritedose, which specializes in the production of inhalation products, eye drops, ear drops and oral liquids, has operated at Carolina Research Park for more than 20 years. In 2014, it expanded its operations and now plans to do so again with a new 140,000-square-foot facility at the Enterprise Industrial Campus of Midlands Technical College. Owned by the college, the business park is a 150-acre property off Powell Road in northeast Columbia, S.C.

For more information on The Ritedose Corporation, visit www.ritedose.com.

QUOTES

“This new facility represents the Ritedose Corporation's continued commitment to Richland County, and is indicative of the company's mission of maintaining our position as a global market leader.” -Ritedose President and CEO Umesh Dalvi

“To see a company like Ritedose choose to continue investing in our state is an important sign to the business community around the world that South Carolina is the place to be. We look forward to seeing the new heights the relationship between our state and this company will reach in the years to come.” -Gov. Henry McMaster

“We're excited to see the continued success of our state's thriving life sciences industry. I offer my congratulations to Ritedose Corporation on this tremendous achievement and look forward to supporting them as they grow and prosper in our state.” -Secretary of Commerce Bobby Hitt

“The Ritedose Corporation's decision to invest in Richland County is further evidence of the attributes of doing business in our community.” -Richland County Council Chair Joyce Dickerson

“Economic development and workforce development are the cornerstone of our mission at Midlands Technical College, and we are happy to partner with The Ritedose Corporation as they expand on our Enterprise Campus.” -Midlands Technical College President Dr. Ron Rhames

FIVE FAST FACTS

  • Ritedose Corporation is constructing a new Richland County facility.
  • $10 million investment.
  • Ritedose is a manufacturer of pharmaceutical products.
  • The company will be constructing a new 140,000-square-foot facility at Midlands Technical College's Enterprise Industrial Campus off Powell Road in Columbia, S.C.
  • For more information on The Ritedose Corporation, visit www.ritedose.com.

About S.C. Department of Commerce

As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Samsung, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. With a strong international footprint, since 2011, South Carolina has ranked among top three in the nation for attracting jobs through foreign investment on a per capita basis, according to IBM-Plant Location International. Additionally, in five of seven years, the state has won the Gold Shovel Award from Area Development magazine. For more information, visit www.SCcommerce.com.

Media Contact:

Adrienne R. Fairwell, APR

Director of Marketing and Communications

South Carolina Department of Commerce

(803) 737-1998

afairwell@sccommerce.com

www.SCcommerce.com

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S.C. Department of Commerce

SCcommerce.com

(803) 737-0400

marketing@sccommerce.com

1201 Main Street, Suite 1600

Columbia SC 29201