Lexington County council approves fee‑in‑lieu for Technoblock project; company pledges $45 million investment, 46 jobs

Lexington County Council on April 2025 approved Ordinance 24‑09, authorizing a fee‑in‑lieu of ad valorem taxes and special source revenue credits for Technoblock Corp, a private company the county previously identified as “Project Terrace.” The vote followed a public hearing at which county staff outlined the deal and company representatives described the planned investment.

Mister Dunning, a county staff presenter, told the council the project would “generate a capital investment of $45,000,000 and create 46 new jobs to Lexington County.” Company counsel John Wall thanked council and staff, saying the company was “super excited, to get down here and get operating and be a productive member of the community.”

No members of the public signed up to speak in opposition or support during the public hearing; the chair closed the hearing after soliciting comments. Vice Chair Conwell moved to approve the ordinance on second reading; Councilman Hudson seconded. The roll call recorded affirmative votes from those present and the measure advanced.

The ordinance authorizes county officials to execute a fee‑in‑lieu agreement and related special source revenue credits under Chapter 44 of Title 12 of the South Carolina Code of Laws and to make benefits of a multi‑county industrial and business park available to the project. The county presentation identified Technoblock as a privately owned Canadian company with prior U.S. facilities; staff described this location as the company’s first Southeastern facility.

The council did not specify additional fiscal incentives in the public record beyond the authority to enter the FILOT and special source credit agreement. The next steps for the project, as described in the hearing, are execution of the agreement and company site development.