Tag Archives: FILOT

Public cost of training Boeing workers far higher than projections

October 1, 2021

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By RICK BRUNDRETT When S.C. lawmakers in 2009 first approved massive taxpayer-backed funding for aerospace giant Boeing to build an assembly plant in North Charleston, the state estimated it would spend nearly $34 million over 15 years for worker training. But over the past 10 fiscal years, the state has spent $58.3 million – an […]

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Gallo Winery project: No cheap buzz for SC taxpayers

August 27, 2021

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  By RICK BRUNDRETT E.&J. Gallo Winery, a multibillion-dollar global corporation, will get at least $25 million in assistance from the state of South Carolina to locate a plant in Chester County – plus could receive tens of millions more in taxpayer-backed incentives over decades, records released to The Nerve show. And the California-based wine […]

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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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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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