$3.5 Billion Investment Positions Spartanburg, S.C. Among Emerging U.S. Growth Markets

Twenty projects spanning advanced manufacturing, aerospace, biotech and technology signal rising national competitiveness for South Carolina market

Published on Feb. 26, 2026

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Spartanburg County in South Carolina saw $3.5 billion in capital investment and the creation of 1,024 new job opportunities in 2025, according to OneSpartanburg, Inc. The investments came from 20 economic development projects across advanced manufacturing, aerospace, biotech, and technology sectors, positioning Spartanburg as an emerging growth market in the U.S.

Why it matters

The significant investment and job creation in Spartanburg County highlights the region's growing competitiveness and ability to attract high-paying, knowledge-based, and corporate opportunities. This signals a shift in the economic landscape of South Carolina and the broader Southeast, as Spartanburg establishes itself as an attractive destination for businesses looking to expand or relocate.

The details

The $3.5 billion in capital investment equates to about $9.6 million being invested in Spartanburg County each day over the course of 2025. Key projects included a $2.8 billion investment from NorthMark Strategies to create a high-performance computing center, a $40 million investment from AIRSYS Cooling Technologies to bring its global headquarters to the county, and a $200 million investment from Woodward, Inc. to establish aerospace operations. Other expansions came from companies like FabLogix, ZF Chassis Systems, Tindall Corporation, Advanced Ceramic Coatings, and Auria Solutions.

  • In 2025, OneSpartanburg, Inc. landed 20 economic development projects on behalf of Spartanburg County and the City of Spartanburg.
  • The $3.5 billion in capital investment was made over the course of 2025.

The players

OneSpartanburg, Inc.

A dynamic group of business, economic, talent and tourism development professionals, led by a diverse group of volunteer leaders, focused on building a vibrant Spartanburg through business, economic, tourism, and talent development.

Allen Smith

The President and CEO of OneSpartanburg, Inc.

Katherine O'Neill

The Chief Economic Development Officer of OneSpartanburg, Inc.

NorthMark Strategies

A multi-strategy investment firm that announced a $2.8 billion investment to create a high-performance computing center in Spartanburg County.

AIRSYS Cooling Technologies

A global cooling solutions provider that announced a $40 million investment to bring its global headquarters to Spartanburg County.

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What they’re saying

“Spartanburg County continues to set the bar in South Carolina, and in many ways, across the Southeast, when it comes to economic investment and job creation. That matters both for our people and for our reputation as a place business can grow.”

— Allen Smith, President and CEO, OneSpartanburg, Inc. (EINPresswire)

“Our continued work to bring high-paying, knowledge-based, and corporate job opportunities to Spartanburg County paid off in 2025, as a host of innovative companies chose to locate in or expand across our community.”

— Katherine O'Neill, Chief Economic Development Officer, OneSpartanburg, Inc. (EINPresswire)

The takeaway

Spartanburg County's ability to attract significant investment and create over 1,000 new jobs across diverse sectors like advanced manufacturing, aerospace, biotech, and technology demonstrates its rising competitiveness as an emerging growth market in the Southeast. This positions the region for continued economic development and prosperity in the years ahead.