Business Climate Abbeville
County, South Carolina
Brief
Economic Facts
- Abbeville
County was #1 in South Carolina for the number of new and expanding businesses
in 2001.
- Abbeville
County was #6 in South Carolina for the number of new jobs created in
2001.
- Despite
a sluggish national economy, Abbeville County in 2002 has again experienced
a large number of new and expanding businesses and capital investment
appears to have increased significantly over that in 2001.
- Abbeville
County is home to a number of global corporations including Beverage Air/Carrier
(325 employees), Flexible Technologies (500 employees), Milliken (500
employees), Mohawk Industries (450 employees) and Pirelli Cables and Systems
(250 employees). These Abbeville
County facilities are often cited as the corporation’s most productive.
- Over
45% of all employment in Abbeville County is in manufacturing.
- There
are no unionized companies in Abbeville County.
- Abbeville
County offers a number of ideal industrial locations with workforce sizes
ranging from 130,000 (Abbeville) to 387,000 (Honea Path) persons within
30-miles of each community.
- The
November 2002 labor force for Abbeville and its adjacent counties totaled
379,162 persons with an unemployment rate of 6.0% or 22,669 persons.
- Abbeville
County is part of Upstate South Carolina (I-85 Corridor), which has the
largest concentration of foreign investment in the nation and a population
of over 1,000,000.
- 4-lane
highway access is available from Abbeville County industrial locations
to Interstates 85 and 26.
- Abbeville
County offers some of the highest incentives available in all of South
Carolina including property tax abatements, fee-in-lieu-of-tax agreements,
corporate income tax credits, and the retention of payroll taxes for the
reimbursement of construction costs and/or workforce training.
Pro-Busines Attitude
Realizing that "bureaucratic
red tape" and "jumping through hoops" are detrimental to business,
Abbeville Countys pro-business environment eliminates these obstacles.
County Manufacturers
(Companies Emloying 25 or More)
| Beverage-Air |
Piedmont Plastics |
| Burnstein Von Seellen |
Pirelli Cable |
| East Teak Trading Group |
Reelco |
| Flexible Technologies |
Rondy |
| McArthur Professional Towel |
Thantex |
| Mills |
The Rug Barn |
| Milliken |
Tenneco Packaging |
| Mohawk Industries |
West Point Stevens |
| Morton Metalcraft |
|
| |
|
Business Incentives
Some of the most lucrative
incentives in all of South Carolina are available in Abbeville County. New
and expanding businesses can qualify for a number of incentives such as corporate
income tax credits, property tax abatements, fee-in-lieu-of-tax agreements,
job development credits, training funds, industrial revenue bonds and taxable
bonds.
Business
Incentives PDF Document
Support Services for
Business
Recognized for academic
excellence, Erskine College is a national leader in business, technology and
cultural studies. Erskine has established partnerships and collaborative initiatives
with corporations such as Duke Power, Sprint, AT&T, Milliken and the South
Carolina Chamber of Commerce, who currently utilize the services of the Institute
of Advanced Business and Cultural Studies for diverse corporate activities.