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    Home » Auto manufacturer’s more than $215 million investment
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    Auto manufacturer’s more than $215 million investment

    userBy userNovember 9, 2024No Comments4 Mins Read
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    A yet-to-be-named auto manufacturer could soon invest more than $200 million to build a new facility while creating several hundred jobs, according to pubic documents.Greenville County Council approved on first reading an agreement between the county and the company, whose name has not been revealed due to non-disclosure agreements. The company is currently known as “Project Blackbird.””It’s a name that would be easily recognized. It’s a good quality company, which was important to us,” County Council Member Butch Kirven said. “They have a long track record of success. I think we wouldn’t have to worry about their performance in Greenville County.”The agreement, according to public documents, could run for 40 years, and it calls for the company to make an investment of $215.9 million to create 702 jobs. The potential agreement also calls for the company to pay a fee of 4% per year at 321 mills.The investment could be located on more than 200 acres on Augusta Road in southern Greenville County. The Greenville Area Development Corporation said the company is one of several they look to recruit to the Upstate.”We are very specific with our land. We don’t have as many acres left in the industrial market,” GADC president and CEO Max Stewart said. “Our automotive, aerospace, life sciences and advanced materials, those are the target sectors for our county. Those are the sectors we’re good at. Those are the sectors our educational institutions are working towards.”Officials said the company’s identity will be revealed during the third reading of the agreement in the county council.”For every job that a project creates, about 1.8 jobs are created in the market in other areas, so if you’re talking about induced jobs for that market, it’s in the retail, health care, education space,” Stewart said.In the meantime, officials said they are looking forward to a potentially significant addition to the Upstate’s economy.”A lot of people scratch your head on jobs because of the population growth, but we need a way to provide opportunities for young people getting out of high school, starting their careers. These types of jobs would be ideal for that,” Kirven said. According to public documents, the company said it expects the first phase of its operations to be up and running in 2027.

    GREENVILLE COUNTY, S.C. —

    A yet-to-be-named auto manufacturer could soon invest more than $200 million to build a new facility while creating several hundred jobs, according to pubic documents.

    Greenville County Council approved on first reading an agreement between the county and the company, whose name has not been revealed due to non-disclosure agreements. The company is currently known as “Project Blackbird.”

    “It’s a name that would be easily recognized. It’s a good quality company, which was important to us,” County Council Member Butch Kirven said. “They have a long track record of success. I think we wouldn’t have to worry about their performance in Greenville County.”

    The agreement, according to public documents, could run for 40 years, and it calls for the company to make an investment of $215.9 million to create 702 jobs. The potential agreement also calls for the company to pay a fee of 4% per year at 321 mills.

    The investment could be located on more than 200 acres on Augusta Road in southern Greenville County.

    The Greenville Area Development Corporation said the company is one of several they look to recruit to the Upstate.

    “We are very specific with our land. We don’t have as many acres left in the industrial market,” GADC president and CEO Max Stewart said. “Our automotive, aerospace, life sciences and advanced materials, those are the target sectors for our county. Those are the sectors we’re good at. Those are the sectors our educational institutions are working towards.”

    Officials said the company’s identity will be revealed during the third reading of the agreement in the county council.

    “For every job that a project creates, about 1.8 jobs are created in the market in other areas, so if you’re talking about induced jobs for that market, it’s in the retail, health care, education space,” Stewart said.

    In the meantime, officials said they are looking forward to a potentially significant addition to the Upstate’s economy.

    “A lot of people scratch your head on jobs because of the population growth, but we need a way to provide opportunities for young people getting out of high school, starting their careers. These types of jobs would be ideal for that,” Kirven said.

    According to public documents, the company said it expects the first phase of its operations to be up and running in 2027.



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