EXPANSION
OPPORTUNITIES
SOUTH CAROLINA:
Just Right for Business
S
outh Carolina prides itself as being a hospitable and business-friendly climate. Their reputation as a superior business location is largely due to an exceptional economic climate that helps companies hold down operating costs and increase their return on investment. In addition, South Carolina’s performance-based tax incentives reward companies for job creation and investment.
........................................................................ The state’s pro-business policies are demonstrated by the following: Several ways to potentially eliminate your entire corporate income taxes; A range of sales tax exemptions that reduce start-up costs and operating costs; Property tax incentives that can be tailored to meet your company’s needs; and Special state discretionary incentives may be used to meet specific needs. 18 |
BXJ
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OCTOBER/NOVEMBER 2020
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bxjmag.com
SOUTH CAROLINA: CAMP HALL ...................................................................... Camp Hall is the Next Generation Commerce Park designed for the modern workforce located near Charleston, South Carolina and home to Volvo Cars new North American manufacturing plant. South Carolina and Charleston are well recognized as top business-friendly manufacturing locations with a high quality of life. Totaling 6800 acres overall, Camp Hall is ready with 1300 fully developable acres remaining that has the workforce, zoning, permits and major infrastructure already in place enabling a company to start right away. Camp Hall is in a region that is adding 34 new residents every day with its workforce totaling over 500,000 and growing. Three of the region’s fastest growing planned communities closing over 1000 house annually are within less than 15 minutes. Logistics infrastructure is very strong with the Port of Charleston less than a 45-minute drive by truck, an onsite dedicated I-26 interchange for quick access, a rail line extension underway and the