Council approves revised resolution


Resolution establishes multi-county industrial park

By Charles Warner - cwarner@civitasmedia.com



Charles Warner | The Union Times Haemonetics is investing approximately $20 million in the expansion of its facility at 155 Medical Sciences Drive, Union. The expansion is expected to create 40 new jobs and quadruple production at the facility. In November, Union City Council approved a resolution establishing a multi-county industry park for the expansion. On Tuesday, council approved a resvised version of the resolution.


UNION — The resolution establishing a multi-county industrial park for the Haemonetics expansion now includes some revisions approved by Union City Council this week.

In October, it was announced that Haemonetics was investing $40 million in the expansion of its facility at 155 Medical Science Drive, Union. The investment would involve the expansion of the facility’s production capabilities and the acquisition and installation of state-of-the-art pharmaceutical equipment. The expansion, the majority of which is projected to be completed by November of this year, will quadruple production at the facility from 20 million units a year to approximately 80 million.

The expansion is also projected to create 40 new jobs. The process of hiring the employees to fill those new positions was already under way at the time the project was announced.

At the time of the announcement, Union County Council voted unanimously to approve a resolution and the first reading of an ordinace relating to the project. The resolution authorized the county to enter into a fee-in-lieu of taxes agreement with the company. It stated that the county was recruiting the investment “for the expansion of its facility to be used for the manufacturing of medical devices in the county.” To do this, the county must “take certain actions and provide certain incentives including entering into a fee-in-lieu of taxes agreement with the company.”

The resolution further stated that the company had requested the expansion be included in a multi-county industrial park created by Union County in collaboration with Spartanburg County.

In November, Union City Council responded to Haemontics’ request by approving a resolution authorizing the inclusion of the expansion in a multi-county industrial park as requested by the company.

That resolution has since underwent some revisions which were approved by Union City Council at its January meeting Tuesday evening. The revisions include changes to the section of the resolution regarding the fee-in-lieu of tax revenue the company will pay under the multi-county industrial park agreement.

The resolution originally stated that:

Step 1 — The fee in lieu of tax revenue without taking into account any special source credits claimed by the Company, collected by the County from the Company, shall be multiplied by ninety-nine percent (99%) to reflect the one percent (1%) portion the County is required to distribute to Spartanburg County (the “Spartanburg Portion”).

The revised version states:

Step 1 — The fee in lieu of tax revenue collected by the County from the Company, net of any shall be multiplied by ninety-nine percent (99%) to reflect the one percent (1%) portion the County is required to distribute to Spartanburg County (the “Spartanburg Portion”).

The resolution also originally stated that:

Step 2 — The remaining fee in lieu of tax revenue after Step 1 shall be reduced by the amount of any Special Source Credits claimed by the Company in the applicable tax year on the Project.

Step 3 — The remaining fee in lieu of tax revenue after Step 2 shall be multiplied by 90% to reflect the ten percent (10%) portion the County is required to distribute to the Union County Economic Development Fund (the “Economic Development Portion”).

The revised version states:

Step 2 — The remaining fee in lieu of tax revenue after Step 1 shall be multiplied by 90% to reflect the ten percent (10%) portion the County is required to distribute to the Union County Economic Development Fund (the “Economic Development Portion”).

Council voted unanimously to approve the revised version of the resolution.

Mayor Harold Thompson said Wednesday that the revisions were requested by the attorney representing Haemonetics. The revision clarify the distribution of the fee in lieu of tax revenue.

Charles Warner | The Union Times

Haemonetics is investing approximately $20 million in the expansion of its facility at 155 Medical Sciences Drive, Union. The expansion is expected to create 40 new jobs and quadruple production at the facility. In November, Union City Council approved a resolution establishing a multi-county industry park for the expansion. On Tuesday, council approved a resvised version of the resolution.

http://uniondailytimes.com/wp-content/uploads/2016/01/web1_web1_Haemonetics.jpgCharles Warner | The Union Times

Haemonetics is investing approximately $20 million in the expansion of its facility at 155 Medical Sciences Drive, Union. The expansion is expected to create 40 new jobs and quadruple production at the facility. In November, Union City Council approved a resolution establishing a multi-county industry park for the expansion. On Tuesday, council approved a resvised version of the resolution.

Resolution establishes multi-county industrial park

By Charles Warner

cwarner@civitasmedia.com

Charles Warner can be reached at 864-762-4090 or cwarner@civitasmedia.com.

Charles Warner can be reached at 864-762-4090 or cwarner@civitasmedia.com.

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