Redwood Materials
In December 2022, Redwood Materials made a historic announcement when they revealed their decision to locate at Camp Hall Commerce Park in Ridgeville, South Carolina. The company’s $3.5 billion investment was the largest economic development announcement for the state. Redwood Materials produces anode and cathode battery components for electric vehicles through their recycling processes to shorten the supply chain and reduce costs and emissions for battery manufacturers in the United States.
“The future of the automotive industry is paving a path through South Carolina, and Redwood Materials establishing operations in our state proves that point. The company’s historic announcement and the 1,500 new jobs it will create mean we are strengthening sustained, long-term economic growth that will benefit South Carolinians for years to come. We applaud Redwood Materials for their commitment to creating a circular economy here and working to shorten the supply chain through recycling efforts.”-Secretary of Commerce Harry M. Lightsey III
“Redwood Materials represents a tremendous opportunity for South Carolina to increase our sustainable manufacturing footprint and supply chain security. Redwood Materials fits perfectly with Santee Cooper’s vision in developing Camp Hall, and we are proud to welcome JB Straubel and his team to Berkeley County, South Carolina.”-Santee Cooper Director Stephen H. Mudge