BMW supplier to expand, create 76 new jobs
The first of three readings authorizing a reduced tax rate for Project G6 and Project Tyger was approved. The names of the companies are being withheld until final approval, Councilman
Britt said Project G6 makes automotive parts for
"On Project G6, this is an existing industry that wants to extend their (tax break) investment window and make a nearly
The agreement states the company will invest
"On Project Tyger, this is an existing company that plans to make improvements at their facility and invest around
The unnamed company will also receive a reduced property tax rate of 6 percent. The agreement makes no mention of new jobs.
In other business Monday, council:
* Gave the second of three approvals needed to pass a countywide towing ordinance that caps fees for different vehicles. The guidelines would apply to unincorporated, private property in the county and define what property owners must do in case their vehicle is towed.
* Gave final approval to a tax break for German-based
* Gave the second of three approvals to a tax break extension for
* Announced the county council retreat will be held
___
(c)2017 the Spartanburg Herald-Journal (Spartanburg, S.C.)
Visit the Spartanburg Herald-Journal (Spartanburg, S.C.) at www.GoUpstate.com
Distributed by Tribune Content Agency, LLC.


AXIS Capital Completes Acquisition of Novae
Preventive Measures, Accessible Remedies Required to Address Myriad Human Rights Violations, Experts Tell Third Committee During Interactive Dialogues
Advisor News
- Important year-end financial conversations every advisor must have
- What happens to insurance planning when a client retires early?
- Ask the right questions to turn clients into raving fans
- The first 5 years of your career could determine the next 50
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News