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Council approves two fee-in-lieu and industrial park agreements for multicounty projects
Summary
Council approved an amendment to a Lawrence–Greenville industrial business park agreement tied to Hydrite Chemical Company (9–1), and authorized a fee-in-lieu-of-tax agreement for United Composite Materials / Hancock Composits (8–1), with local hiring and revenue-recovery cited by councilors.
The Greenville County Council approved two economic-development measures during its March 17 meeting: an amendment to a Lawrence–Greenville multcounty industrial business park agreement tied to Hydrite Chemical Company, and a fee-in-lieu-of-tax (FILOT) agreement for United Composite Materials LLC and Hancock Composits US Inc. (Project Pioneer).
Councilor Collins moved to approve the amendment authorizing the Hunter Industrial Park joint development under S.C. Code §4-1-170. Members clarified that the property in question is located in Lawrence County and emphasized that the amendment does not represent a chemical facility coming to Greenville County. After roll call, the vote was nine in favor and one opposed, and the ordinance passed at second reading.
On the Project Pioneer FILOT, Councilors heard from a member who represents the Greer area that the site previously hosted QM Holdings LLC and had about 12 employees; the new company plans to reoccupy the industrial site and hire locally, with approximately 50 employees and local recruitment through a local firm. Council discussion noted that the FILOT will pick up some previously lost revenue and involves multicounty revenue sharing (the speaker cited a 99%/1% split to Lawrence County in one portion). The council approved the ordinance by roll call, eight in favor and one opposed.
Councilors described the measures as wins for economic development that preserve or recover local revenue and retain industrial zoning for sites without nearby residences. Both measures were presented after public hearings that produced no speakers.
Next steps for each agreement include finalization of documents as authorized by the ordinances and routine coordination with economic development staff and county legal counsel.
