Tag Archives: cost benefit analysis

Key details in Volvo cost-benefit analyses kept secret by S.C. Commerce

July 12, 2019

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By RICK BRUNDRETT More than four years after officials announced that Volvo would locate in South Carolina, the state Department of Commerce won’t reveal the estimated amounts of certain public costs and benefits identified in analyses of the $1.1 billion project. The Nerve reported last month, based on Commerce records obtained under the state open-records […]

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Taxpayer tab for Volvo deal far bigger than public pronouncements

June 29, 2019

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By RICK BRUNDRETT When S.C. officials announced in 2015 that Volvo would locate its first U.S. plant in rural Berkeley County, the total incentives offered to the Swedish car maker were pegged at about $200 million. An investigation by The Nerve, however, found more than $250 million in incentives spent or offered so far by […]

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