An unnamed distribution company is considering locating in Berkeley County and could bring at least 30 jobs and a $24 million investment, a county official said Thursday.
Barry Jurs, the county’s economic development director, said the company wants to locate on property near I-26, but he would not identify the parcel. Jurs said the company has not yet decided on whether it will locate in Berkeley County and there is no timeline for a decision.
County Council this week approved a resolution that would offer incentives to the company, including charging the company a fee instead of property taxes that is equal to 6 percent of the property’s fair-market value. Industrial properties usually are assessed at a 10.5 percent rate. The county also would offer credits to the company to help fund infrastructure. The incentives would be contingent on the company meeting specific investment goals.
Jurs said council’s action is designed to show support for the company, which has been referred to as “Project Jelly.” Jurs said the county has signed a nondisclosure agreement that prohibits it from identifying the company by name unless it decides to locate in the county.
Reach David Wren at 937-5550 or on Twitter at @David_Wren_