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.

“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.