Berkeley County expects to recoup all outstanding taxes and fees plus other costs from the auction Wednesday of American LaFrance's equipment at its failed emergency vehicle-making plant near Moncks Corner.
Final figures have not come in, but county officials said Friday that early calculations indicate the county will recover all the money it is owed.
When the plant off Cypress Gardens Road suddenly closed in January, the company owed more than $650,000 in tax-related fees to the county. The county also has been paying rent on the building since then.
"The debt left by American LaFrance was a major concern," County Supervisor Dan Davis said in a statement. "Although we attempted to reach out to the company, they were unresponsive. I did not feel it was right or just to allow this burden to fall upon our citizens and taxpayers. We explored several options, and the one which seemed most likely to recoup the full debt was to conduct an auction."
About 275 people participated in Wednesday's sale, and everything on the auction block sold. County officials expect the final transactions to be complete within the next few weeks, when final figures will be released.
American LaFrance's closing resulted in about 100 job losses in Moncks Corner.
Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.
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