“This investment solidifies South Carolina’s position as a leader in technology and innovation.”
Spartanburg, S.C. – U.S.-based NorthMark Strategies, via its subsidiary Valara Holdings, is excited to announce its plans to transform the former Kohler manufacturing facility in Spartanburg, S.C., into a state-of-the-art high-performance computing (HPC) center. This $2.8 billion investment is aimed at significantly enhancing NorthMark’s capabilities for future investments and innovation. The development is a pivotal step in looking to the future, as the demand for sophisticated data processing and analysis across various sectors continues to grow. NorthMark’s new development will establish one of the most advanced HPC facilities in the world, leveraging cutting-edge technology to support complex computational tasks in machine learning, data analytics, and complex systems modeling.
Of the more than 100 locations across the country we considered, Spartanburg stood out for its strong community, skilled workforce, dynamic economy and strategic advantages.
NorthMark President Jen Byrne
In an effort to combine sustainability with efficiency, NorthMark will repurpose an existing industrial site for the project, while integrating next-generation computing technology. The first three phases of the project will develop the existing 350K sq. ft. warehouse space, while later phases will develop the 500k sq. f.t vitreous plant. The facility will be designed to self-generate the power required for operations, allowing it to operate without straining the community’s power supply. NorthMark has already begun intensive environmental remediation efforts at the site to enhance the overall health of the building and surrounding land.
Development of the facility is expected to support between 400-600 project-based construction, engineering, and similar jobs. Once operational, the facility will employ at least 27 full-time staff and is expected to utilize regional businesses and suppliers for regular maintenance and operations support.
Byrne continued, “NorthMark Strategies is a leader in high performance computing, driving innovation across artificial intelligence, data science, and advanced simulations. Our investment in this HPC facility solidifies our commitment to building for future growth and being prepared to meet the growing demand for HPC capabilities among our current and future investment partners head-on. We are committed to excellence, and are investing to pioneer the application of next-generation solutions to shape the future of technology and industry.”
The facility will feature the latest in HPC hardware, including advanced processors, GPUs, and high-speed networking, working with global suppliers. As a hub for innovation, it will enable the development of new algorithms, optimize performance, and explore groundbreaking applications across various industries.
South Carolina Governor Henry McMaster said, “This investment solidifies South Carolina’s position as a leader in technology and innovation. NorthMark’s investment is yet another testament to the trust that industry leaders have for our talented workforce, our economic environment and our strong values.”
Spartanburg County Councilman David Britt said, “We are thrilled to welcome NorthMark Strategies to Spartanburg and look forward to the opportunities this project will bring to our community. Spartanburg will greatly benefit from this highly unique and dynamic investment for years to come.”
NorthMark is pleased to partner with Spartanburg County and the State of South Carolina and is committed to supporting educational initiatives in the region.
About NorthMark : NorthMark Strategies is a leading investment firm, combining capital, innovation, and engineering to drive long-term value. From operating complex businesses to backing breakthrough technologies, our mission is to build enduring businesses. Our team combines intelligent risk-taking, operational excellence, and world-class computing capacity to create shareholder value.
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