Lexington County releases their very first economic development report

25 October 2022

The brand new economic development annual statement shares that 13 bulletins in the past 12 months have created commitments of over $445M in capital investments. LEXINGTON, S. C. — Financial growth is looking up in Lexington County. Local leaders simply released their first yearly report of progress produced over the course of the last fiscal season. Opportunity awaits in Lexington County. That’s a big remove leaders of the area’s financial development department and panel are preaching. This brand brand new economic development annual record shares that 13 bulletins in the past 12 months have created commitments of over $445M in capital investment plus over 1, 100 brand new jobs in the county. Many of which includes a $41M investment in the new security building being an FBI field office to get 200, and expanding Nephron Pharmaceuticals with a $100M purchase creating 250 new work opportunities. Some of the big attractors towards the area? “Our quality of life and have three major interstates that come through the county, 2 class A railroads, we now have Lake Murray which is a main attraction here and then obviously I would be remiss merely didn’t mention our great school system, ” mentioned Sarah Johnson, director associated with Lexington County’s economic growth department. RELATED: South Carolina smashes early voting record just before end of first dayThe economic development department informs News 19 there’s a great deal in store for Lexington County’s three industrial parks within Chapin, Batesburg-Leesville and Western Columbia. “Continuing to just create preparations for the companies whenever they are looking to locate in Lexington County. We also within our Batesburg-Leesville Industrial Park, we will clear, grub and quality the parcel known as package 1, which is about twenty three. 7 acres, ” Manley said. The county’s objective is to cut down the schedule by six months for businesses that want to come to the region to build. They do this simply by clearing trees, putting in highways, water and sewer preemptively. RELATED: Historic West Columbia manufacturing building will shortly become ‘Colite City’“We realize and know that time will be money and so by all of us doing all of this site function and the site prep, this cuts down that time for businesses to get up and running as quickly as possible, ” Johnson said. Their objective is to keep these companies close to and offer expansions with businesses like Sorinex and Range. If you’d like to see Lexington County’s full economic development record, you can access it here. They will have another report the coming year around this time.

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