Tag Archives: Department of Commerce

Taxpayer-funded gifts to Panthers grow with planned SC move

July 29, 2020

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By RICK BRUNDRETT If only the Carolina Panthers could win as easily as it gets taxpayer money. Last month, the U.S. Department of Transportation announced that the S.C. Department of Transportation (SCDOT) was awarded a nearly $34.6 million “Infrastructure for Rebuilding America” (INFRA) federal grant to build a new interchange on Interstate 77 near the […]

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Politicians’ promises don’t reflect written incentives deals

July 8, 2020

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By RICK BRUNDRETT       S.C. politicians routinely love to make promises about massive corporate investment and multitudes of new jobs in the Palmetto State. But the secretly crafted written agreements offering taxpayer-backed incentives in exchange for those promised jobs and investment often don’t live up to the official hype. Last month, The Nerve detailed how for […]

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Truths about secret incentives deals revealed – 10 years later

June 24, 2020

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By RICK BRUNDRETT All we wanted was the truth. Over the past several decades, South Carolina legislators and governors, as well as local governments, collectively have given away billions in incentives to countless corporations. Cash, land, tax breaks and free job training have been thrown at companies in exchange for the promise of jobs. Taxpayers […]

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Tourism advertising funds, manufacturer incentives sought in covid’s wake

June 5, 2020

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By RICK BRUNDRETT Spending more tax dollars on tourism advertising and incentives for manufacturers are among proposals to jump-start South Carolina’s economy, which took a severe blow with government-imposed shutdowns following the coronavirus outbreak. The recommendation for increased tourism advertising is contained in a final report released last week by “accelerateSC,” an advisory committee created […]

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Closed SC businesses in covid’s wake: Protecting public health?

April 17, 2020

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By RICK BRUNDRETT Having customers in his Columbia glass art shop posed no public threat, if you ask Tom Lockart of One Eared Cow Glass. Yet after Gov. Henry McMaster put the S.C. Department of Commerce in charge of deciding what businesses are allowed to stay open or which must close when “clarification” requests are […]

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McMaster’s ‘non-essential’ list: A hole-in-one for SC golfers – and others

April 7, 2020

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By RICK BRUNDRETT Last Tuesday, Gov. Henry McMaster ordered that “non-essential” businesses statewide be closed to the public to combat the spread of the coronavirus, though he included some pretty big loopholes. Take golfing, for example. His “non-essential” list includes various “recreational and athletic facilities,” such as fitness centers, though sports that “involve interaction” of […]

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SC Commerce still hiding the Juuls

March 4, 2020

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Update: In email responses on 11/19/20 and 11/20/20 after The Nerve submitted a state Freedom of Information Act request for updated records on the Juul plant project, S.C. Department of Commerce spokeswoman Alex Clark confirmed the recent closure of the plant, and also said a $500,000 state grant agreement for the project was terminated, and […]

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Bosch’s planned layoffs raise questions about repayment of incentives

January 28, 2020

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By RICK BRUNDRETT In December 2010, then-Gov. Mark Sanford, along with other state and local officials, announced a $125 million expansion of the Robert Bosch automotive parts plant in Dorchester County, with promises that the project would create 285 jobs. The Nerve revealed several months later that the estimated public costs of the project over […]

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Trick plays? How job estimates have grown with the Panthers’ planned SC move

December 6, 2019

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By RICK BRUNDRETT The Carolina Panthers’ planned move of its headquarters and training facilities to Rock Hill is part of a larger effort to create 7,000 jobs with an average annual salary of $60,000 – as claimed in a state application for a federal grant to build an interstate interchange that would benefit the NFL […]

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Plenty of pork in proposed state agency budgets for 2020-21

November 22, 2019

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By RICK BRUNDRETT With $1.8 billion more in projected general funds in the state budget for next fiscal year, state agencies are hoping to fulfill their growing wish lists. Their taxpayer-funded requests collectively include millions for such things as promoting private sporting events, businesses and products, along with potentially generous handouts to select companies. Consider […]

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