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South Carolina Economic Development Directory


SouthernCarolina Regional Alliance
Danny Black
President
1321 Technology Drive
Barnwell, SC USA 29812
803-541-0023
sca@southerncarolina.org
www.southerncarolina.orgUpstate SC Alliance
Hal Johnson
President & CEO
124 Verdae Boulevard, Suite 202
Greenville, SC USA 29607
864-283-2300 301
marketing@upstatealliance.com
www.upstatealliance.com

SC Statewide Economic Development Agencies

South Carolina Department of Commerce
Bill Cronin
Director, Global Business Development
1201 Main Street, Suite 1600
Columbia, SC USA 29201
800-868-7232
bcronin@sccommerce.com
www.sccommerce.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

SC Utilities

Santee Cooper
George Haygood, CEcD
Economic Development Program Director
One Riverwood Drive
Moncks Cormer, SC USA 29461-2901
843-761-7010
george.haygood@santeecooper.com
www.scprimesite.com
Santee Cooper’s low-cost power has attracted new industry and business to the state, resulting in thousands of jobs and economic impact measured in billions of dollars.
Progress Energy
Peggy McLean
Business Development Executive
1755 Mechanicsville Road
Florence, SC USA 29501
843-661-4145
peggy.mclean@pgnmail.com
www.progress-energy.com
SCANA Corporation
John A. Cadena
Manager, Community/Economic Development & Local Government
1426 Main Street (MC 027)
Columbia, SC USA 29218
803-217-9005
economicdevelopment@scana.com
www.scana.com
South Carolina Power Team
Fred Gassaway
Executive Vice President of Marketing
1201 Main Street, Suite 1710
Columbia, SC USA 29201
803-254-9211
fgassaway@scpowerteam.com
www.scpowerteam.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

SC Regional Economic Development Agencies

Central Carolina Economic Development Alliance
Mike Briggs
President & CEO
1201 Main Street, Suite 100
Columbia, SC USA 29201
803-733-1131
mbriggs@centralsc.org
www.centralsc.orgCharleston Regional Development Alliance
David T. Ginn
President & CEO
5300 International Boulevard, Suite 103A
North Charleston, SC USA 29418
843-767-9300
alliance@crda.org
www.charlestoneconomic
development.com
Myrtle Beach Regional E.D.C.
Hugh Owens
President & CEO
2431 Highway 501 East
Conway, SC USA 29526
843-347-4604
howens@myrtlebeachdevelopment.com
www.myrtlebeachdevelopment.com
North Eastern Strategic Alliance
Jeff McKay
Executive Director
P.O. Box 100547
Florence, SC USA 29502
843-661-4669
jmckay@scbusinesscorner.com
www.scbusinesscorner.com

SC County Economic Development Agencies

Abbeville County Development Board
Steve Bowles
Development Services Director
P.O. Box 533
Abbeville, SC USA 29620
864-366-2181
acdb@wctel.net
www.discoverabbeville.com
Alliance Pickens
A. Ray Farley II, CEcD
Executive Director
P.O. Box 279
Pickens, SC USA 29671
864-898-1500
rfarley@alliancepickens.com
www.alliancepickens.com
Anderson County Office of Economic Development
Burriss Nelson
Interim Director
126 North McDuffie Street
Anderson, SC USA 29621
864-260-4386
bnelson@andersoncountysc.org
www.advance2anderson.com
Charleston County Economic Development
Steve Dykes
Director
Lonnie Hamilton III Public Services Building, 4045 Bridge View Drive, Suite 224
North Charleston, SC USA 29405
843-958-4506
sdykes@charlestoncounty.org
www.charlestoncounty.org
Cherokee County Development Board
Jim Cook
Executive Director
101 Campus Drive
Gafney, SC USA 29341
864-206-2804
cookj@sccsc.edu
www.cherokeecounty-sc.org
Chesterfield County Economic Development Board
Brenda Workman
Executive Director
P.O. Box 192
Chesterfield, SC USA 29709
843-623-6500
bworkman@shtc.net
www.chesterfieldcountysc.org
Dorchester County Economic Development
Jon Baggett
Director
402 North Main Street
Summerville, SC USA 29483
843-875-9109
jon@dorchesterforbusiness.com
www.dorchesterforbusiness.com
Florence County E.D. Partnership
Joe W. King
Executive Director
P.O. Box 100549
Florence, SC USA 29502
843-676-8796 5101
wking@florenceco.org
www.fcedp.com
Georgetown County Economic Development
Wayne Gregory
Director
716 Prince Street
Georgetown, SC USA 29440
843-545-3161
wgregory@georgetowncountysc.org
www.seegeorgetown.com
Laurens County Development Corporation
Marvin Moss
Executive Director
P.O. Box 427
Laurens, SC USA 29360
864-939-0580
mmoss@laurenscounty.org
www.laurenscounty.org
Lexington County Economic Development
Charlton L. Chuck Whipple
SCCED Manager
212 South Lake Drive, Suite 603
Lexington, SC USA 29072
803-785-8147
cwhipple@lex-co.com
www.lexingtoncountyusa.com
Marion County Economic Development Commission
Rodney Berry
Executive Director
115 Guyton Road, P.O. Box 840
Marion, SC USA 29571-0840
843-423-8235
rberry@marionsc.org
www.marioncountysc.com
Oconee County (SC) Economic Development Commission
Jim Alexander
Director
502 East Main Street
Walhalla, SC USA 29691-2028
864-638-4210 8646384211
jalexander@oconeesc.com
www.oconeescedc.com
Sumter Development Board
Jay Schwedler
President & CEO
32 East Calhoun Street
Sumter, SC USA 29150
803-418-0700
jschwedler@sumter-sc.com
www.sumteredge.com
Williamsburg County Development Board
F. Hilton McGill, Jr., SCCED
Executive Director
P.O. Box 1132
Kingstree, SC USA 29556
843-382-9393
hmcgill@ftc-i.net
www.williamsburgcounty
development.com
York County Economic Development
Mark Farris
Director
1830 Second Baxter Crossing
Fort Mill, SC USA 29708
803-802-4300
mark.farris@yorkcountygov.com
www.ycedb.com

SC City Economic Development Agencies

Aiken-Edgefield E.D. Partnership
Fred Humes
Director
P.O. Box 1708
Aiken, SC USA 29802
803-641-3300
info@edpsc.org
www.edpsc.org
City of Columbia Office of Economic Development
Jim Gambrell
Director
1201 Main Street, Suite 250
Columbia, SC USA 29201
803-734-2700
jgambrell@columbiasc.net
www.columbia.sc.gov
Greenwood Partnership Alliance
Mark Warner
CEO
109 West Court Avenue
Greenwood, SC USA 29646
864-388-1250
mwarner@partnershipalliance.com
www.partnershipalliance.com
Greer Development Corporation
Reno Deaton
Executive Director
111-B South Main Street
Greer, SC USA 29650
864-416-0126
rdeaton@greerdevelopment.com
www.greerdevelopment.com
Rock Hill Economic Development Corporation
Stephen Turner
Department Head
155 Johnston Street, P.O. Box 11706
Rock Hill, SC USA 29731-1706
803-329-7090
stephenturner@cityofrockhill.com
www.rockhillusa.com
Spartanburg Area Chamber
R. Carter Smith, CEcD
Executive Vice President, Economic Futures Group
P.O. Box 1636
Spartanburg, SC USA 29304
864-594-5042
csmith@spartanburgchamber.com
www.economicfuturesgroup.com
Town of Mount Pleasant
Ashley Richardson
Community Development & Tourism Officer
100 Ann Edwards Lane, P.O. Box 745
Mount Pleasant, SC USA 29464
843-884-8517 3578
arichardson@townofmountpleasant.com
www.townofmountpleasant.com
Would you like to advertise here? call 732-559-1265 or email Jim Semple at jsemple@groupc.com

South Carolina State Incentives

The JOB TAX CREDIT is a statutory incentive offered to companies, both existing and new, that create new jobs in South Carolina. The credit is available to companies that establish or expand manufacturing, distribution, processing, warehousing, research and development, corporate office, tourism and technology intensive facilities. Agribusiness operations are eligible effective January 1, 2011. In certain limited instances, service and retail facilities may also be eligible. The company must create a monthly average of 10 net new full-time jobs at the facility in a single taxable year. If a company has fewer than 99 employees worldwide, it may be eligible for a job tax credit if it creates a monthly average of two or more net new full-time jobs in a single taxable year. In most instances, companies can expect to receive from $1,500 to $8,000 per job depending on the development tier of the county. Credits can be used to offset up to 50 percent of South Carolina income tax in a single year, and unused credits may be carried forward for 15 years.

SINGLE FACTOR SALES APPORTIONMENT: Companies whose primary business in the state is manufacturing, distribution, or selling or dealing in tangible personal property will apportion its income by multiplying the net income remaining after allocation by a fraction consisting of a company’s sales made in South Carolina divided by its total number of sales. This new formula eliminates property and payroll from the equation and is advantageous for a company whose majority of sales occurs outside South Carolina. The new method is being phased in over a five-year period with a 20 percent reduction each year of income attributable to South Carolina which began in 2007. In 2011, the new formula will be fully applicable.

SALES TAX EXEMPTION: South Carolina offers a number of sales tax exemptions for manufacturers including manufacturing production machinery and applicable repair parts; manufacturing materials that become an integral part of the finished product; industrial electricity and other fuels used in manufacturing tangible personal property; research and development equipment; manufacturers’ air, water and noise pollution control equipment; material handling equipment for manufacturing or distribution projects investing $35 million or more; packaging materials; long distance telecommunication services, including 800 services; and parts and supplies used to repair or condition aircraft owned or leased by the federal government or commercial air carriers. An exemption for construction materials used in manufacturing or distribution facilities, investing at least $100 million over 18 months, was fully implemented July 1, 2011.

PRE-JOB TRAINING PROGRAM: The readysc™ program, offered through the S.C. Technical College System, provides pre-job training at little or no cost for eligible new or expanding companies with curricula tailored to meet a company’s workforce requirements. The comprehensive program includes recruiting, screening, testing, developing customized instruction material along with coordinating and upfitting training space.

JOB DEVELOPMENT CREDIT (JDC): A discretionary, performance-based incentive that rebates a portion of new employees’ withholding taxes that can be used to address the specific needs of individual companies. A company must meet certain business requirements and the amount a company receives depends on the company’s pay structure and location.

ECONOMIC DEVELOPMENT SET-ASIDE PROGRAM: Assists companies in locating or expanding in South Carolina through road or site improvements and other costs related to business location or expansion. Overseen by the Coordinating Council for Economic Development, it is the Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion.

ENTERPRISE ZONE RETRAINING PROGRAM: Helps existing industries maintain their competitive edge and retain their existing workforce by allowing them to claim a Retraining Credit for existing production employees. If approved, companies can reimburse themselves up to 50 percent of approved training costs for eligible production workers (not to exceed $500 per person per year).

RURAL INFRASTRUCTUR FUND (RIF): Assists qualified counties in the state’s rural areas by providing financial assistance for infrastructure and other activities that enhance economic growth and development. It can be used for job creation and/or product development. Qualified counties are designated as “Tier III” or “Tier IV” by the Department of Revenue and have received approval for an economic development strategic plan by the Coordinating Council for Economic Development.

PORT VOLUME INCREASE CREDIT: A possible credit against income taxes or withholding taxes to entities that use state port facilities and increase base port cargo volume by 5 percent over base-year totals. To qualify, a company must have 75 net tons of non-containerized cargo or 10 loaded TEUs transported through a SC port for their base year. The total amount of tax credits allowed to all qualifying companies is limited to $8 million per calendar year.

TOURISM INFRASTRUCTURE DEVELOPMENT GRANT: Supports new or expanding tourism or recreation facilities or designated development areas primarily through infrastructure projects. This program is generated from a share of the state admissions tax on qualified tourism and recreation establishments and is overseen by the Coordinating Council for Economic Development.

The COORDINATING COUNCIL FOR ECONOMIC DEVELOPMENT was established by the General Assembly in response to a general need for improved coordination of economic development efforts by those state agencies involved in the recruitment of new business and the expansion of current enterprises throughout the state.

ECONOMIC IMPACT ZONE INVESTMENT CREDIT: Allows manufacturers locating in Economic Impact Zone (EIZ) counties a one-time credit against a company’s corporate income tax of up to 5 percent of a company’s investment in new production equipment. The actual value of the credit depends on the applicable recovery period for property under the Internal Revenue Code.

CORPORATE HEADQUARTERS CREDIT: Provides a 20 percent credit based on the cost of the actual portion of the facility dedicated to the headquarters operation or direct lease costs for the first five years of operation. The credit can be applied against either corporate income tax or the license fee. These credits are not limited in their ability to eliminate corporate income taxes and can potentially eliminate corporate income taxes for as long as 10 years from the year earned. Eligibility is determined by meeting a number of specific criteria.

RESEARCH & DEVELOPMENT TAX CREDIT: A credit equal to 5 percent of the taxpayer’s qualified research expenses in the state. The credit taken in any one taxable year may not exceed 50 percent of the company’s remaining tax liability after all other credits have been applied. Any unused portion of the credit can be carried forward for 10 years from the date of the qualified expenditure.


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