Local Data

Location & Expansion Log

Diverse companies – from startups to multinational corporations – continue to relocate and expand existing operations in the Charleston region.

Archive:    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995

Downsizing

2021

DAK Americas

June 10, 2021

Polyester staple fibers manufacturing

DAK Americas is closing part of its Berkeley County manufacturing operations at the end of 2021, affecting 200 jobs at the Cooper River plant. “This is a very difficult decision for us,” said Jorge Young, DAK’s co-president. “The closure of the fibers operations comes after an extensive analysis of our ability to be cost competitive in an extremely challenging market that has faced prolonged and continuing pressure from low-priced imports. Current economics do not support the extensive investment needed to revitalize the site and meet future market needs. We thank our employees for their many years of commitment and service.” The Cypress Gardens Road site will continue to make specialty resins for the bottle and packaging markets and will retain about 100 employees, the company said. DAK is a subsidiary of Alpek, a petrochemical company that makes a variety of polyester, plastic and chemical products that’s owned by Alfa S.A.B. de C.V. of Monterrey, Mexico.

Back To The Top