FLORENCE, SC (WBTW) – More than a half-billion dollars is expected to be invested in Florence County from a number of different companies.
Florence County Council approved final reading and revealed the company behind ‘Project Presto’ as the West Rock Paper Mill Thursday. The company plans to bring $470 million dollars to the county.
During Thursday’s county council meeting, members approved the final reading of McCall Farms, formerly known as ‘Project Veg3,’ set to bring $35 million and about 150 jobs. Council also introduced another project during the meeting under the codename ‘Project Fig’.
County documents say it will provide solar energy and invest at least $22 million from 17 different unknown companies.
- Project Presto, West Rock $470M
- Project Veg3, McCall farms $35M
- Project Fig, Unknown companies $22M
“It’s wonderful that they chose to spend that kind of money here. If it hadn’t have happened, we would be losing that industry over the next 5-7 years. We don’t want to do that. We want to keep growing,” says Kent Caudle, Florence County Council Chair.
Each project received a fee in lieu of tax agreements.
Caudle anticipates ‘Project Fig’ will be on the council agenda next month.