Project Bluewater could create 160 jobs in North Charleston

Company wants identity kept secret for now

The Post and Courier
Wednesday, October 29, 2008


Charleston County officials are poised Thursday to give initial approval to an inducement agreement for an existing company that will invest $55 million and create 160 new jobs in North Charleston.

The unnamed company, referred to as "Project Bluewater," is expected to add $6.84 million to its annual payroll and pay an additional $4.5 million in property taxes during the next 20 years, according to a memo to County Council's Finance Committee from the economic development office.

The company has asked that its identity not be revealed until just before Council considers final approval of the agreement in December, according to the memo from Steve Dykes, county economic development director.

Read more in tomorrow's editions of The Post and Courier.



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