News + Events

June 26, 2019

SWM Celebrates Grand Opening of New Manufacturing Facility in Prosperity, South Carolina

ALPHARETTA, GA, June 26, 2019 - SWM International (NYSE: SWM) marked the completion of its recent move into a state-of-the-art facility in Prosperity, South Carolina with a grand opening celebration on June 26, 2019. Invited guests included community leaders, state business development authorities, and local business leaders, who joined SWM’s employees, SWM CEO Dr. Jeffrey Kramer, and members of the SWM Board of Directors, to note the occasion. SWM is a global performance materials company, and the Prosperity location specializes in a unique printing process for its patented LIP (Low Ignition Propensity) coating technology.

 

The facility anchors a new industrial park being developed by local economic development authorities. The company previously operated a facility in nearby Newberry, South Carolina. The new facility has allowed SWM to expand and strengthen its local operations with the addition of production equipment, increasing its operating capacity. The company employs around 50 individuals at the Prosperity location.

 

“SWM is a global manufacturing company that brings great jobs and exciting career opportunities to our local residents, actively participates in our community, and contributes to our local economy. They have been a part of our business community since 2007 and we are delighted to see the company settled into this great facility where they can continue to operate and grow here in Prosperity for many years to come,” said Wayne Adams, Newberry County Administrator.

 

“We are delighted to be up and running in our new Prosperity facility. This move has allowed our team to optimize and streamline our operations, while adding capacity and room for future growth. I want to thank Newberry County and South Carolina leaders for their support as we worked through the process of completing the build-out and moving into the facility,” said Dr. Jeffrey Kramer, CEO of SWM.

 

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