manufacturing
Manufacturing machinery & equipment sales tax exemption
State and local sales and use tax exemptions are available for companies that purchase machinery, equipment or parts used to produce tangible goods.
Job tax credit
A statutory tax credit available to qualifying new and expanding companies that create and maintain net new full-time jobs in South Carolina. Credit value varies based on the number of jobs created and the county where they are located.
Discretionary grants
Discretionary grant funding supports economic development projects such as road improvements, water and sewer infrastructure and other infrastructure needs related to economic development projects.
5-year property tax abatement
Qualifying manufacturers, research and development facilities, distribution facilities and corporate headquarters operations may receive a five-year exemption from county operating property taxes on eligible investments.
Scout Motors Unveils New EV Models
South Carolina’s most recently announced automotive original equipment manufacturer, Scout Motors publicly unveiled its long-awaited EV models during the company’s highly anticipated live event Thursday, Oct. 24, 2024.BMW Marks 30+ Years in Upstate
For over three decades, BMW has given South Carolina plenty to celebrate and Friday, June 21, 2024 — just days before the compa
