Sumter, SC (WLTX) -- Sources have told News19 that a deal is in its final stages to bring Continental Tire to Sumter County--a move that could bring 1,700 to 2,000 jobs to Sumter County in an $850 million to $1 billion investment.
Details are still being hammered out, but the source said the announcement could be made in the next week.
The three-million-square-foot facility would be built on Highway 521 South in Sumter County, and sources tell us Continental wants to be up and running in the next year.
Continental manufactures tires for cars, trucks, SUVs, and commercial vehicles, and the company is based in Fort Mill, SC.
A source tells News19 that the investment would be a "game-changer" for Sumter County.
News19 contacted Governor Nikki Haley's office, and Spokesman Rob Godfrey would not confirm a deal is underway, and told us that the Governor doesn't comment on pending deals "until they are done."
A spokesperson with Continental Tire says the company hopes to have a deal in place soon. While not commenting on Sumter County, the company did say they would like to build in a location in the Southeastern United States to build its next production plant.
Continental's parent company is based in Germany, which was among Haley's stops during her recent trip to Europe in an effort to bring more jobs to our state.
Sumter County's latest unemployment rate was 11.8 percent, which is higher than the state average of 11.1 percent.