NorthMark Strategies (NorthMark), a multi-strategy investment firm, has selected Spartanburg County to establish the company’s first South Carolina operation. The $2.8 billion investment will create at least 27 new jobs and is expected to utilize regional businesses and suppliers for regular maintenance and operations support.
NorthMark provides strategic advice, asset management and value-added services to privately owned companies around the world. The Spartanburg facility will be the company’s fifth U.S. operation.
“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,” said NorthMark Strategies President Jen Byrne. “Our investment in this high-performance computing center 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.”
NorthMark’s new operation, located at 4000 South Pine Street in Spartanburg, will serve as a state-of-the-art, high-performance computing center designed to support a portfolio of businesses in the engineering and technology sectors. Once operational, the facility will generate its own power on-site, ensuring minimal impact on the power grid.
“We are thrilled to welcome NorthMark Strategies to Spartanburg and look forward to the opportunities this project will bring to our community,” said Spartanburg County Council Vice Chairman and Economic Development Committee Chairman David Britt. “Spartanburg will greatly benefit from this highly unique and dynamic investment for years to come. What makes this project even more exciting is that it comes at zero cost to taxpayers and places little to no demand on our existing infrastructure.”
Initial operations are expected to be online in the third quarter of 2026 with further development phases to follow. Individuals interested in joining the NorthMark team should visit the company’s careers page.