A monthly newsletter of what’s happening in the S.C. Lowcountry Promise Zone
RECENT NEWS
There’s been lots of great news since the start of December for the S.C. Lowcountry Promise Zone, including announcements of more than $241 million of capital investment and 162 new jobs in the region as well as $2 million wastewater infrastructure grant for Walterboro. Details:
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A worker at Kronotex in Barnwell County.
$230 million expansion at Kronotex in Barnwell County: Swiss Krono Group announced Dec. 22 it would invest $230 million and create 105 new jobs in an expansion of a Barnwell County plant, officials announced today. To support the expansion, the Coordinating Council for Economic Development has approved job development credits, as well as a $1 million Rural Infrastructure Fund grant to Barnwell County to assist with the costs of real property improvements related to the project. Read more.
- Cypress Creek Renewables investing $8 million in Allendale County: Cypress Creek Renewables, a company that specializes in the ownership and development of long-term solar energy projects, has taken first steps toward investing $8 million in a solar energy project in Allendale County. The project, which is expected to be fully operational by the end of 2016, will create 40-60 jobs during construction. More.
- $3.6 million investment in Bamberg cooperage: Bamberg County will get a new cooperage facility from a $3.6 million investment that will create 57 jobs over the next five years, officials announced Jan. 6. More.
- Walterboro gets $2 million grant to improve wastewater plant: The City of Walterboro has received a $2,040,000 grant as part of the S.C. Lowcountry Promise Zone to make significant upgrades to its water and sewer treatment plant, officials announced Jan. 5. More.
- Black column on Promise Zone: SouthernCarolina Alliance President and CEO Danny Black penned a holiday column that looked back on the blessings that came in 2015 with the establishment of the Promise Zone. An excerpt:
