SC: Ritedose Corp. to Invest $10M, Construct Richland County Facility | Trade and Industry Development

SC: Ritedose Corp. to Invest $10M, Construct Richland County Facility

Dec 01, 2017

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, South Carolina.

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, South Carolina

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. For more information, visit www.SCcommerce.com.