Public Discussion on Economic Development Incentives

October 21, 2014 1:22 PM
Public Discussion on Economic Development Incentives

Independent Republican gubernatorial candidate Tom Ervin should be thanked for introducing economic development incentives into the political discussion recently.

While Gov. Nikki Haley campaigns around the state claiming to have created 57,000 new jobs in South Carolina during her first four years, Ervin recently released a report debunking much of Haley’s claim.

Maybe the voting public will now realize that neither state bureaucrats at the S.C. Department of Commerce, nor operatives at locally created economic development entities have any business throwing taxpayer funded “economic development incentives” at businesses they hope will create new jobs in the area.

Read more ›

New Incentives for AvCraft?

October 20, 2014 7:00 AM
New Incentives for AvCraft?

A recent local media report said Horry County officials are working with officials of AvCraft Technical Services to attempt to structure a new incentives deal for the company.

AvCraft admits it can’t meet the goal of 150 new jobs it agreed to approximately three years ago when it received its current economic development incentive package from Horry County.

And this is not the first time. AvCraft has failed to meet promises. It never produced the 400 jobs it promised when it received its first incentive package from the county in 2004. After new ownership bought the company out of bankruptcy in 2009, it did not produce 50 jobs promised.

Read more ›