Silver Springs Bottled Water Company is acquiring Calhoun County's Hickory Springs Bottling in a deal that will include a $16.3 million expansion that is expected to create 37 new jobs over the next five years, the South Carolina Department of Commerce said on Wednesday.
"We are excited to build on the foundation that has been established by Rick Stewart and his team at Hickory Springs Bottling," Silver Springs Bottled Water CEO Kane Richmond said. "We look forward to Mr. Stewart's continued leadership through this exciting time of expansion. The positive environment established by the State of South Carolina, Calhoun County and the Central S.C. Alliance were a key factor in making the timing and location of this expansion right. We are eager to become an active part of the growing, local community."
Calhoun County Council Chairman David Summers Jr. said the Silver Springs Bottled Water Company will provide an economic boost to the area.
“It is my honor to welcome the Silver Springs Bottled Water Company to Calhoun County," Summers said. "Their purchase and expansion of Hickory Springs Bottling, Inc., will bring a $16.35 million investment and the creation of 37 new jobs where they are needed most."
The expansion will result in a 60,000-square-foot addition to the existing facility located at 347 Old River Road in Elloree.
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