Tag Archives: grants

Gallo Winery project: No cheap buzz for SC taxpayers

August 27, 2021

0 Comments

  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 […]

Continue reading...

Santee Cooper deep in debt, still spending millions on ecodevo projects

August 12, 2021

0 Comments

By RICK BRUNDRETT Santee Cooper’s electric customers are on the hook for billions in debt payments, but that hasn’t stopped the state-owned utility from spending millions in recent years on economic development projects. The Nerve’s review of utility records provided recently under the state’s open-records law found that from May 2018 through May of this […]

Continue reading...

Truths about secret incentives deals revealed – 10 years later

June 24, 2020

1 Comment

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 […]

Continue reading...

State gives away millions to companies that don’t hit job creation targets

September 20, 2018

0 Comments

Payoff

By RICK BRUNDRETT Since 2015,14 companies that committed to locating or expanding in South Carolina collectively repaid nearly $7 million in state grants after failing to meet job creation or investment requirements, records show. Four of the companies closed plants in counties that received the grants, and another project never materialized, a review by The […]

Continue reading...