Albermarle to spend $65M over 5 years to expand South Carolina facility Albemarle Corporation has announced plans to expand its Orangeburg, SC manufacturing operations to support growing demand for products in all three of its business units and the manufacture of a new line of sustainable fire safety solutions. The $65M investment over the next 5 years is expected to add 20 jobs to support the expansion. Albemarle proceeding with the expansion project is subject to final approval by the Orangeburg County Council. The third and final reading related to the project is expected to occur on December 17.
News For ALB From The Last 14 Days
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Albemarle announces expiration of HSR waiting period for Rockwood acquisition Albemarle (ALB) announced the expiration of the waiting period for U.S. antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the company's previously announced acquisition of Rockwood Holdings (ROC). The waiting period expired at 11:59 P.M. Eastern Daylight Time on September 8.