Manufacturer will invest $68M to establish US operations in Allendale County.

• Position: Tin Thanh Group Americas

A tire manufacturer based in Vietnam will invest $68 million to establish its first U.S. operations in Allendale County, creating 1,031 new jobs.

Tin Thanh Group Americas will build a new facility along Walker Road in Fairfax, according to a news release. The new location will allow the company to manufacture and retreat large commercial vehicle tires, as well as operate its commercial tire leasing program.

"Tin Thanh Group Americas is excited to make South Carolina home for its first location outside Vietnam and is proud to be South Carolina's first Vietnamese company," said Tran Dinh Quyen, the company's CEO. "Tin Thanh Group Americas looks forward to a long-lasting, fruitful and cooperative relationship with all of South Carolina."

Supplying energy from reusable sources, Tin Thanh Group Americas will provide operations in recycled energy, closed industry-agriculture, recycled waste and tire leasing while serving the environment, energy, high-tech agriculture and technology markets, the release said.

Operations are expected to be online by September 2024.

"Each of the more than one...