HORRY COUNTY, SC (MYHORRYNEWS.COM) - Canfor, an international lumber company with a manufacturing facility in Horry County, is expanding its local operation and will create 56 jobs, according to records obtained by the Herald.
County leaders on Tuesday took their first vote on an incentives agreement for the company, which has been dubbed Project Volunteer by economic development officials.
When contacted by the Herald, a Canfor spokesperson said the newspaper's interview request had been forwarded to local managers. No one had responded as of press time Wednesday.
Candace Howell, a spokeswoman for the Myrtle Beach Regional Economic Development Corporation (EDC), said via email that Project Volunteer will go to county council for another vote next month.
The EDC typically doesn't identify projects until a formal announcement is made, but the Herald obtained a memo written by EDC President Brad Lofton to local leaders last month that outlines some of the deal's parameters.
Canfor's jobs will have an average wage of $18.45 per hour and the company's new capital investment will be $3.6 million, according to the memo.
"We competed with Darlington County and secured the expansion after two months of working closely with the company's leadership," Lofton wrote.
Canfor's incentives package includes $135,000 in money from the county's closing fund. County council members are also in the process of approving a multi-county business park designation for the firm that will give it a state income tax incentive of $1,000 per job.
Canfor's Conway plant produces treated lumber, according to the company's website. A corporate office is located in the Myrtle Beach area.