GREENVILLE, SC ― Verdeco, a leader in customized rPET solutions recently announced it will open the doors of its brand-new innovation center and manufacturing facility in Greenville, South Carolina in June 2023. This milestone follows its 2020 acquisition by EU-based private equity firm, CUDOS Group.
Planting new roots in South Carolina will align Verdeco effectively with strategic partners and suppliers. The expansion will increase Verdeco’s momentum as it delivers value in the circular, sustainable rPET economy through material science, process innovation, and unrelenting customer centricity.
Strategic Development Group is pleased to have assisted Verdeco in selecting Greenville, South Carolina for both its manufacturing facility and North American headquarters. This project included evaluation of existing locations in other states as well as greenfield opportunities in the Southeast.
“Verdeco is excited to share our expansion plans with the opening of our new manufacturing and R&D innovation center of excellence in Greenville, South Carolina, which is targeted to be operational in June 2023,” says Rob Bindner, CEO at Verdeco. “The new Verdeco facility will initially add an additional 90 million lbs. of rPET capacity to the recently completed new equipment upgrades at our current locations in California and Indiana, which combined are designed to deliver 120 million lbs. of capacity.”
The South Carolina location will be capable of crafting even the most complex formulations and enhance Verdeco’s ability to solve customers’ supply chain challenges. This strategic expansion will continue Verdeco’s mission to drive customer-centric innovation that makes an immediate impact and creates a more sustainable future.
Verdeco is a leader in using advanced technology to innovate and customize rPET solutions for customers. The company’s experts craft products that meet even the most complex customer needs and their reliable systems solve demanding supply chain challenges. In addition to being highly customizable and technically precise, Verdeco’s materials and processes enable a more sustainable future – making a zero-waste economy possible.
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