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Michelin may build new factory in South Carolina
Michelin, the tire manufacturer based in Clermont-Ferrand in the Auvergne région of France may build a new plant in Anderson County, South Carolina, a location in which the company already employs around 700 employees.
Interim county administrator Rusty Burns confirmed Monday night that Michelin could add hundreds of employees and another $12 million to the company’s payroll in Anderson County.
“This is still very much a competition,” Burns said.
“We are competing with others in South Carolina and on other shores.”
Anderson County’s incentives package reportedly offers Michelin tax breaks for up to 40 years according toThe Independent-Mail.
On Jan. 17, the Anderson County Council voted unanimously for a “conditional incentives agreement” it planned to take to the tiremaker.
The deal reportedly “says larger incentives are available if the company completes what is considered an ‘enhanced investment project’ that creates a minimum of 125 jobs and includes a minimum investment of $150 million,” the Independent Mail reported.
by DUDU - Friday, February 10th, 2012 - filed under Industry, News, Other. Image credit: xman777ca/Flickr. Visited 630 times, 1 so far today
Discuss: Michelin may build new factory in South Carolina
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