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Phoenix Group expands, may add 200 jobs

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The Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the past month and plans to hire about 200 more workers by the end of 2010.

About 75 to 100 of those new jobs could be added in Greenwood, the company said.

Currently, Phoenix has about 200 employees, including 150 in Greenwood. Founded in 1995, the company provides supply-chain services for the automotive, retail, oil, health care and construction industries. It had revenue of about $70 million last year.

Phoenix's growth plans got a boost from a multi-year contract the company recently signed with HEB-Mexico, a large Mexican grocery chain, to coordinate the shipment of construction materials for new stores and remodeling projects.

As part of the contract, Phoenix will open a facility in Monterrey, Mexico, later this month. The company already has facilities in Charleston, S.C., and Houston.

The Mexican facility will help Phoenix land additional contracts from U.S. customers that do business south of the border. The company is already in negotiations with several large retailers in Mexico and the United States for additional contracts, it said.

The company added 10 employees at its Greenwood headquarters and five in Houston in the last month. Jeff Wells, director of the company's logistics division, said the jobs pay between $30,000 and $70,000 annually.

New jobs will be spread out between various Phoenix facilities, he said.

"Even though our economy is in a recession, the grocery retail industry is booming right now because people are eating out less and going to grocery stores more," Wells said.
 

 
 

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

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