Indian Land-based Red Ventures Tuesday announced that it has acquired 16 acres of land next to its corporate headquarters in Lancaster County, a move that is expected to generate 1,000 new jobs over the next five years.
“We are thrilled to be able to add this adjacent land to our campus. The next few years will be full of challenges and opportunities and we are hoping to double the size of our current workforce,” said Red Ventures CEO Ric Elias. “This additional land will allow us to grow, while also maintaining the unique, employee-friendly environment we’ve created.”
Red Ventures currently owns 17 acres at its 150,000-square-foot campus at 521 Corporate Center Park. The company will use the new land to expand its campus, with development on its third building expected to begin by the end of the year.
“South Carolina continues to be the place where companies can prosper, and Red Ventures’ announcement today in Indian Land is another indication of that. We look forward to the company’s continued growth in our state,” said Gov. Nikki Haley.
The company employed 300 when it moved to South Carolina in 2009, and is now approaching 1,000 employees. Red Ventures employs a total of 1,500 across its locations in Miami, San Antonio, Indian Land and Wilmington, N.C.
“It’s great to see a high-tech company like Red Ventures grow and add to its payroll in South Carolina. Our state’s business-friendly climate and strong workforce talent continue to help draw new job-creating investments like this one,” said Secretary of Commerce Bobby Hitt.
Red Ventures expects to grow an additional 30 percent in 2012. The new space will also give the company the opportunity to expand its unique employee amenities, which already include: an indoor basketball court, walking/running track, fitness center, locker rooms, putting green, and a gourmet café with subsidized meals.