NCCD-Spartanburg Properties is using $10.2 million in bond funding from the South Carolina JEDA to finance new student housing on the campus of Converse College in Spartanburg. The financing includes $10 million in tax-exempt revenue bonds and $215,000 in taxable bonds.

The House Tax Policy Review Committee held its fourth meeting on Tuesday, October 18th, to hear from the public on issues regarding tax policy in South Carolina.

Mount Franklin Foods, a leading North American manufacturer of high-quality candy and nut products, is launching new operations in Sumter County, South Carolina. The project is expected to bring $10 million in new capital investment and lead to the creation of 225 new jobs. 

Holroyd Precision Components, a sub-contract manufacturing division of Precision Technologies Group (PTG) Limited, is establishing its first U.S. manufacturing operations – Holroyd Precision Rotors, Inc. – in Spartanburg County, South Carolina. The $12.5 million investment is expected to create 23 new jobs. 

An independent Pepsi bottler and production cooperative, Carolina Canners, Inc., is expanding its operations center in Chesterfield County, South Carolina. The $45 million capital investment is expected to generate 40 new jobs. As an incentive, the Coordinating Council for Economic Development has approved job development credits related to this project.

North Augusta City Council meets to vote on several key pieces for Project Jackson, including the Master Development Agreement. On the agenda is the first reading of the Municipal Improvement District and second reading of an Installment Purchase Transaction related to Project Jackson.

The Anderson Area YMCA is using $7 million in bond funding to retire 1999 bond issues that originally financed the Anderson AREA YMCA including a lap pool, locker rooms, gym, indoor track, wellness center, community meeting room and nursery care room at the facility.

Greer Middle College Charter High School is using $6.6 million in tax-exempt financing to replace 29 portable units with a new school building on the Benson Campus of Greenville Technical College in Taylors.

Join CDFA in New Orleans, Louisiana for the 2016 National Development Finance Summit! Hosted by the Louisiana Public Facilities Authority (LPFA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.

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