Investment expected to create 1,500 new jobs
COLUMBIA, S.C. – Red Ventures, a technology-enabled sales and digital marketing company, today has broken ground on the expansion of its existing Lancaster County operations. The company is investing $90 million to construct a new facility, named RV4, and generate approximately 1,500 new jobs.
Established more than 15 years ago, Red Ventures relocated its headquarters from North Carolina to Lancaster County, South Carolina in 2009. Today, boasting one of the nation’s largest technology-enabled platforms for growing sales and marketing businesses, the firm employs more than 2,200 workers in South Carolina.
The new RV4 structure, which will be comprised of three interconnected buildings, will include a sales center, learning and development center, a six-story office tower and two parking decks. In addition, Red Ventures plans to invest in the infrastructure in and around the Lancaster County campus, including the construction of a new road from S.C. Highway 160 and the widening of Red Ventures Drive, as well as investing in new water, sewer and power capacity for the facility.
Expected to be complete by mid-2017, the expansion will bring Red Ventures’ employee capacity to 4,500, more than doubling the size of the company’s current S.C. workforce. Those interested in joining the Red Ventures team should visit the company’s careers page online. For more information on Red Ventures, visit www.redventures.com.
The Coordinating Council for Economic Development has approved job development credits, as well as a $550,000 grant to Lancaster County to assist with the costs of road improvements related to the project.
“Attracting and retaining the best talent requires a purposeful – and continued – focus on creating an environment that celebrates collaboration, creativity and continued learning. This campus expansion and the amenities included, specifically the learning and development center, position us well to compete for and retain the best talent.” – Red Ventures CEO Ric Elias
“We’ve always known that the partnership between the state of South Carolina and Red Ventures was something special, and this new $90 million investment shows what can happen when you combine a growing, innovative company with the business-friendly environment we have created here. The 1,500 new jobs this fantastic company is creating in Lancaster proves its commitment to the people of South Carolina, and we couldn’t be more excited to celebrate today.” –Gov. Nikki Haley
“Red Ventures has been a tremendous partner since joining the South Carolina business community six years ago, and today’s groundbreaking only further solidifies their status as one of the fastest growing businesses in our state. In the years to come, I look forward to watching Red Ventures build on this remarkable momentum, ensuring both increased opportunity and prosperity for the people of Lancaster County.” –Secretary of Commerce Bobby Hitt
“Lancaster County is excited to see the growth that Red Ventures has gone through over the short time that it has been in South Carolina. We look forward to seeing this RV4 expansion and appreciate the continued investment in both capital and in the accompanying workforce.” –Lancaster County Council Chairman Bob Bundy
FIVE FAST FACTS
- Red Ventures is expanding operations in Lancaster County.
- $90 million investment creating 1,500 new jobs.
- Established in 2000, the company relocated its headquarters from North Carolina to Lancaster County, South Carolina in 2009.
- The new RV4 structure will include a sales center and parking deck, learning and development center and a six-story office tower.
- Those interested in joining the Red Ventures team should visit the company’s careers page online.
About Red Ventures
Founded in 2000, Red Ventures employs more than 2,800 people and is the country’s largest technology-enabled platform for growing sales by optimizing multi-platform customer experiences. Red Ventures’ expertise spans across multiple industries including Home Services, Energy, Financial Services, Insurance and Software. Success is driven by advanced internet analytics, proprietary technology and the company's greatest competitive advantage – the people. Red Ventures has been named a Best Place to Work in Charlotte, NC eight years running. Learn more at www.redventures.com.