Originally created 09/06/00

Edgefield approves incentives



EDGEFIELD, S.C. - Edgefield County Council unanimously approved an incentive package Tuesday to lure a cab manufacturing company that will bring with it a $6 million investment.

Georgia Cab Manufacturing Co. officials said they are committed to bringing their business to the county, although no formal announcement has been made yet, County Administrator Wayne Adams said.

The company, which builds cabs for heavy equipment, will invest from $6 million to $7 million in the county and create at least 40 jobs, said Fred Humes, director of the Economic Development Partnership.

The company has not yet decided on a location, Mr. Adams said.

"We've been negotiating with the company for several months," he said. "We believe they are serious about locating here; however, the inducement resolution does not commit resources by either party."

The council passed an inducement agreement, which provides an infrastructure tax credit and other incentives to bring the company into the area, officials said.

Mr. Adams said he expects a formal announcement from the company within 60 to 90 days.

"This is a fine company, and I want to give it 100 percent approval," Chairman Monroe Kneece said. "We're behind (the company) and look forward to it breaking ground here."

In other business, the council let a motion die that would have relocated its chambers to the old Edgefield post office. A $180,000 general obligation bond would have been issued to pay for the renovations of the old building.

"I just wanted more time to think about the project," Councilman Danny Bishop said. "It's a long-term commitment that involves a substantial amount of money. I'm not opposed to it, necessarily."

Councilman Norman Dorn said he agreed the renovation costs were too high.

"I want to study it some more and see if we can do it cheaper," Mr. Dorn said.

Mr. Kneece said he was disappointed the vote died. The building also was supposed to be used by the magistrate court, which is running out of room in the courthouse, he said.

Reach Katie Throne at (803) 279-6895.