Mauldin geting $30M investment
BB&T expanding its Greenville County operations
Financial services company investing $30 million in new Mauldin facility
Greenville – BB&T, one of the largest financial services holding companies in the United States, today announced the construction of a new facility in Greenville County. The development represents a capital investment of $30 million.
Based in Winston-Salem, N.C., BB&T operates more than 2,196 financial centers in 15 states and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T has been recognized for outstanding client satisfaction by the U.S. Small Business Administration and named one of the world’s strongest banks by Bloomberg Markets magazine.
Located at 825 East Butler Road in Mauldin, BB&T will be constructing a new 140,000-square-foot mortgage servicing center, which will house more than 600 BB&T associates. Construction is expected to be complete by the end of the fourth quarter of 2017.
“The construction of this new mortgage servicing center is indicative of BB&T’s commitment to South Carolina, Mauldin and the greater Greenville area. With this state-of-the-art facility, we will be better equipped to provide our clients with superior service, as we help them fulfill the dream of homeownership.” –BB&T Mortgage Lending President Tol Broome
“BB&T has been a tremendous partner to our state for years, and this new investment in Greenville shows that they remain committed to South Carolina and our people. We are grateful to BB&T for its commitment and congratulate its leadership on the decision to expand here.” –Gov. Henry McMaster
“Not only is South Carolina leading the way in advanced manufacturing, our office and shared services industry is also thriving. BB&T’s decision to expand its footprint in our state is a testament to the increasingly diverse economy we’ve cultivated here.” –Secretary of Commerce Bobby Hitt
“County council is very pleased with BB&T’s continued commitment to Greenville County, and grateful for its new mortgage servicing facility. This affirms what we already know – that Greenville is an ideal place for financial institutions’ operations and headquarters, and we greatly appreciate their contributions to our great County.” –Greenville County Council Chairman H.G. (Butch) Kirven, Jr.
“The City of Mauldin is proud to welcome BB&T’s Mortgage Division to our city. The addition of BB&T will positively impact our community and generate more opportunities for the entire Upstate, and we are committed to working with them to make this endeavor a huge success. Mauldin has worked diligently to enhance opportunities for growth and development. Our geographic location, outstanding infrastructure and exceptional quality of life make Mauldin an excellent choice for business. Congratulations BB&T, and welcome to Mauldin.” – City of Mauldin Mayor Dennis Raines
FIVE FAST FACTS
· BB&T is constructing a new mortgage servicing center in Greenville County.
· $30 million of new capital investment.
· Headquartered in Winston-Salem, N.C., BB&T is one of the largest financial services holdings companies in the United States.
· The new facility will be located at 825 East Butler Road in Mauldin, S.C.
· Construction is expected to be complete by the end of the fourth quarter of 2017.
About S.C. Department of Commerce
As South Carolina's leading economic development agency, the Department of Commerce works to recruit new businesses and help existing business grow. Commerce has recruited world-class companies to South Carolina such as BMW, Boeing, Continental, Giti Tire, LPL Financial Holdings, Mercedes-Benz Vans, Toray and Volvo Cars and also supports startups, small and existing business, innovation and rural development initiatives. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. In three of the last five years, IBM-Plant Location International reports ranked South Carolina first in the nation for attracting jobs through foreign investment, per capita. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012, 2014 and 2015. For more information, visit www.SCcommerce.com.