Expansion in Florence County to create 700 new jobs - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Expansion in Florence County to create 700 new jobs

Source: WMBF News Source: WMBF News

FLORENCE COUNTY, SC (WMBF) – The Florence County Council is moving forward with a multi-million dollar expansion project that will create more than 700 new jobs.

As of right now, the $79 million initiative is simply being called “Project Horseshoe.” According to county officials, the expansion is being done by an existing manufacturing company.

“We don’t to give anyone a reason not to do business here in Florence County. So if there is something we can do to assist them, particularly in existing business, we want to do it and we want to hear their proposal,” said Florence County Council Chairman Kent Caudle.

At Thursday’s county council meeting, the governing body passed a fee-in-lieu tax agreement with the developer.

“They essentially get a discount. Rather than 10 percent tax on their equipment, they get it at 6, so it’s a 40 percent discount on their equipment, which is substantial,” Caudle said.

As for the 700 new jobs, Caudle said they will happen over the course of the first year and not overnight.

"We are patient and we appreciate their confidence in Florence, the people in Florence, Florence County, the cities, towns and municipalities. When an existing industry chooses to expand, we think that speaks volumes about the area," Caudle said.

The recruiting for the new jobs will happen throughout the Pee Dee.

“I’m sure they’ll use some of the local schools, tech schools and high schools to recruit the staffing and services, things like that,” Caudle said.

Project Horseshoe comes after other economic growth in the county as well. Caudle pointed out that GE, McCall farms, Ingram Lumber Company and Honda all chose local expansion.

The $79 million is a big tax revenue as well for the county, but there are some stipulations. 

"We have a clause back cause, so if they don’t meet certain employment numbers or investments, they actually give the county a refund for that. (Of) course we certainly hope they succeed those expectations," Caudle said.

The council must pass three readings before the project is official. The next one will take place during the county council meeting in June.

Copyright 2017 WMBF News. All rights reserved. 

  • Local NewsLocalMore>>

  • Highway Patrol troopers provide tips to holiday drivers at Welcome Centers

    Highway Patrol troopers provide tips to holiday drivers at Welcome Centers

    Wednesday, November 22 2017 8:55 PM EST2017-11-23 01:55:38 GMT
    Interstate 95 sign (Source: WMBF News)Interstate 95 sign (Source: WMBF News)

    When you’re hitting the road for Thanksgiving, state law enforcement wants to make sure you drive safe. South Carolina Highway Patrol was at the Welcome Center in Dillon County just off I-95 and others cross the state to hand out safety material and talk with motorists traveling for the holiday, especially those from out of state.

    More >>

    When you’re hitting the road for Thanksgiving, state law enforcement wants to make sure you drive safe. South Carolina Highway Patrol was at the Welcome Center in Dillon County just off I-95 and others cross the state to hand out safety material and talk with motorists traveling for the holiday, especially those from out of state.

    More >>
  • Last minute Thanksgiving shopping helps local business owners

    Last minute Thanksgiving shopping helps local business owners

    Wednesday, November 22 2017 8:48 PM EST2017-11-23 01:48:45 GMT
    Last minute shoppers rushed to check items off their grocery list while supporting local business owners in the process. (Source: WMBF News)Last minute shoppers rushed to check items off their grocery list while supporting local business owners in the process. (Source: WMBF News)

    The countdown to Turkey Day is underway, with less than 24 hours to go, plenty of people are making last-minute grocery stops. That shopping made it a busy day for local business owners in Horry Country, especially for the grocery stores and local meat markets.

    More >>

    The countdown to Turkey Day is underway, with less than 24 hours to go, plenty of people are making last-minute grocery stops. That shopping made it a busy day for local business owners in Horry Country, especially for the grocery stores and local meat markets.

    More >>
  • Deal Diva: ‘Travel Deal Tuesday’ the latest shopping holiday

    Deal Diva: ‘Travel Deal Tuesday’ the latest shopping holiday

    Wednesday, November 22 2017 7:27 PM EST2017-11-23 00:27:40 GMT
    While searching online for the deals, Christel found starting Thanksgiving Day, hotel giant Marriott and SPG will have its cyber sale. (Source: WMBF News)While searching online for the deals, Christel found starting Thanksgiving Day, hotel giant Marriott and SPG will have its cyber sale. (Source: WMBF News)

    You might score big on a TV or a game system this Black Friday, but you also might be able to land a getaway trip at a great price soon too. Deal Diva Christel Bell explained how you can save if you are looking for travel deals, airfares, and hotels. You have Black Friday and Cyber Monday, and now add “Travel Deal Tuesday” to the list.

    More >>

    You might score big on a TV or a game system this Black Friday, but you also might be able to land a getaway trip at a great price soon too. Deal Diva Christel Bell explained how you can save if you are looking for travel deals, airfares, and hotels. You have Black Friday and Cyber Monday, and now add “Travel Deal Tuesday” to the list.

    More >>
Powered by Frankly