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By Bob Montgomery, Spartanburg Herald Journal
A Canadian-based pharmaceutical company that plans to build a 432,000-square-foot distribution facility purchased a 220-acre site on the southwest corner of Highways 101 and 417 just south of Reidville for $4.6 million. Valeant Pharmaceuticals North America, parent company of Bausch & Lomb in Greenville, bought the site from Highway 101 at Willow Creek, a limited liability corporation. The site is near Willow Creek Golf Club and close to where Michelin North America is planning to invest up to $332 million in a 300,000-square-foot distribution center. Spartanburg County Councilman David Britt said beyond Valeant and Michelin, the area on Highway 101 between Woodruff and Greer is poised for more growth. It's part of the county's performance planning process that identifies where growth should occur and making sure the roads, water and sewer systems are in place. “What these projects mean to Spartanburg and all the Upstate residents is it's just another great opportunity. It helps raise our per capita income.” Britt said Valeant's project is another example of how a major company can boost the overall economic health of the county by creating good jobs and generating business and real estate opportunities. “It has exponential effects from restaurants to suppliers and auto parts and stores,” he said. “A rising tide floats all boats when it comes to economic development.”For the entire article, please click here: