Fairfield Electric Cooperative recently awarded a $278,000 Rural Development Act (RDA) grant to Kershaw County for infrastructure improvements to Heritage Pointe Industrial Park and Wateree Executive Business Park. According to a press release, the grant will be used to further develop the industrial parks currently served by the cooperative.
The state’s electric cooperatives, through the S.C. Rural Development Act of 1996, are allowed to provide funds for infrastructure improvements at industrial parks. Allowable expenditures include water, sewer and roadway improvements, as well as land acquisition and shell building construction.
“Fairfield Electric’s grant is an investment in the long term success of Kershaw County and we are pleased to have them as an economic development ally. Their generosity and continued support will help power us to a sustainable future for our great community,” Kershaw County Council Chairman Julian Burns said.
“Kershaw County is thankful for Fairfield Electric Cooperative’s support as we move forward to making necessary improvements to our current industrial product,” Kershaw County Economic Development Director Peggy McLean added. “Their support allows us to remain competitive in economic development as we seek to attract new business to our community.”
Fairfield Electric serves more than 27,000 customers in Fairfield, Kershaw, Richland, Chester and York counties and is one of 20 cooperatives in South Carolina. Together, these cooperatives serve more than 750,000 customers in all 46 counties of the state.
“We are pleased to provide the RDA grant money to help with economic development in Kershaw County. Fairfield Electric and Kershaw County have a long standing partnership of bringing jobs to the area and this grant will help to foster more jobs for Kershaw County,” Fairfield Electric CEO Bill Hart said.