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Charleston.net News Commercial Real Estate Subscribe to the Post & Courier Place a Classified Ad | Company plans to add 160 jobs | ||
Charleston County officials are set today to give initial approval to an inducement agreement for an existing manufacturer that plans to invest $55 million and create 160 new jobs in North Charleston. The unidentified business, referred to as "Project Bluewater," is expected to add $6.84 million to its annual payroll and pay $4.5 million in fees instead of property taxes over 20 years, said Charleston County Economic Development Director Steve Dykes. | |||
![]() | Company plans to add 160 jobs Charleston County officials are set today to give initial approval to an inducement agreement for an existing manufacturer that plans to invest $55 million and create 160 new jobs in North Charleston. The unidentified business, referred to as "Project Bluewater," is expected to add $6.84 million to its annual payroll and pay $4.5 million in fees instead of property taxes over 20 years, said Charleston County Economic Development Director Steve Dykes. Factory orders are up unexpectedlyATD co-founder in fertilizer venture A local startup company that is the North American distributor for a line of environmentally sensitive fertilizers said Wednesday that it has closed its first round of funding and has started operations. How low will interest rates go?WASHINGTON â€" Just how far will the Federal Reserve go in lowering interest rates to save the country from a long and painful recession? Ratcheting its key rate from the current 1 percent all the way down to zero can't be ruled out. But there are risks in taking such an unprecedented step â€" namely, that it wouldn't work in turning around the economy and breaking through a stubborn credit clog. | ||
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