Gov. Nathan Deal announced today from Shanghai that Hubei Xingfa Chemicals Group, a leading phosphate and fine chemical products producer, will open its U.S. headquarters and manufacturing plant in Effingham County. The project represents a significant investment and will create 50 jobs.
“We welcome Hubei Xingfa Chemicals Group to Georgia, the gateway to its North American markets,” said Deal. “Our outstanding workforce and logistics advantages were a strong selling point, and our meeting with the company today assured its leaders of our commitment to its success.”
Xingfa, founded in 1984 and based in the city of Yichang, Hubei Province, engages in the development, production and sales of phosphate and fine chemical products.
It is the largest phosphates enterprise in central China. Xingfa manufactures 70 varieties of products including technical, feed, food and electronic-grade products.
Since its 2001 acquisition of phosphate rock and additional processing enterprises, Xingfa has increased its competitiveness in the phosphate industry. The company exports products to more than 40 countries worldwide and has a strategic partner relationship with P&G, Dow Chemical and Unilever. Xingfa has more than 30 subsidiary companies and is listed on the Shanghai Stock Exchange.
The Georgia plant, located on 83 acres in Effingham County, will establish a production line to make phosphates. The company will export its products to North American markets through the nearby port of Savannah, the fourth-largest and fastest-growing container port in the U.S. The Effingham County facility is expected to begin hiring in 2014.