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Unnamed company set to invest $88 million in Kershaw County
The economic development future of Kershaw County apparently continues to improve, as the agenda for Tuesday’s Kershaw County Council meeting includes a closed-door executive session to discuss an item being referred to at this time only as “Project Stagecoach,” which is to include an investment of at least $88 million. A resolution and first reading of an ordinance are also listed. Just as with the recently announced $72 million expansion at Haier America was known only as “Project Picture” for several weeks before the company name was revealed, council will consider offering Project Stagecoach a “fee-in-lieu-of taxes” agreement to the company, guaranteeing the company a set fee to be paid to the county regardless of fluctuations in tax millage or property value assessment.