BMW supplier Draexlmaier leads Spartanburg County economic development projects
Draexlmaier will pay the equivalent of a 6 percent tax rate, less than the typical rate of 10.5 percent for business and industry. The latest expansion follows a
The agreement has a clause that retroactively ends the tax break if the projected investment is not met.
Draexlmaier spokesman
County Councilman
"They are one of our longtime excellent partners in
Other projects moving forward included:
* Final approval of the planned
*
* First reading of Project Luther at
* Final approval for Atood Solar II at
* Second reading for chemical products manufacturer
* Second readings for RP Spartanburg One and Spartanburg Industrial Property Owner, both of which plan to invest
* Second reading for
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