Samsung's Newberry investment nears $500 million

June 6, 2022

source: Columbia Regional Business Report

In the five years since opening its first U.S. home appliance manufacturing facility in 2017, Samsung has invested nearly $500 million in the Newberry County plant.

That total exceeds the $380 million planned investment, according to a news release from the company.

Samsung has also hired more than 1,500 employees from Newberry and surrounding counties since the facility’s 2018 grand opening celebration.

“We are so excited to grow our initial investment in Newberry County and the state of South Carolina,” Thomas Komaromi, general counsel of Samsung Electronics Home Appliances America, said in the release. “The family we’ve built in this community has been incredibly supportive, and we know we’ll be developing new home appliances together for generations to come.”

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