Colleton County has an unnamed food packaging manufacturing plant interested in its 100,000 sq. ft. spec building, the Press and Standard newspaper of Walterboro reported on Walterborolive.com.
The county council gave the second of three required approvals to a tax ordinance which noted that the company anticipated “investing approximately $70 million in new machinery and equipment” and could have 360 employees within five years, the paper said.
Colleton County Economic Development Director Heyward Horton said that, if the project is completed, it would be the county’s biggest-ever economic development project.
Colleton is a county of about 40,000 people located adjacent to Charleston County in the Lowcountry area of South Carolina.
For more information about Colleton and its economic development, click here.