Lee County approves $12.9M performance-based incentive package for prospective Project Soul site
Saga and county staff presented Project Soul, a proposed health-care manufacturing/R&D investment with at least $600M in capital and 335 jobs; the board approved a seven-year performance-based grant equal to 70% of ad valorem taxes paid, subject to meeting investment, job and wage thresholds.
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Jimmy Randolph of Saga presented Project Soul as a potential health-care manufacturing, distribution and R&D facility that would invest at least $600 million in Lee County and create at least 335 full-time, benefited jobs with an average annual wage around $71,132. "A project of this magnitude and potential positive impact is highly competitive," Randolph said, summarizing the community and state partners involved in recruitment.
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