Anderson County approves inducement agreement for company expansion

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By Stan Welch
County economic development officials presented the details of Operation Spindle to the Anderson County Council a few days before Christmas, as the Council approved a resolution authorizing an inducement agreement with the company, which remains unknown at the current time.
The company has been located in Anderson County for thirteen years, and is preparing for its fourth expansion. This will be the largest expansion so far, creating an additional one hundred thousand square feet of space, resulting in seventy one additional jobs and a capital investment of ten million dollars.
The company paid county taxes on its holdings this year in the amount of $967. By 2020 with the expansion, that amount will rise to $9868. The economic impact on the community in the first year of the expansion will be over five million dollars. In twenty years, that figure will reach more than sixty seven million dollars.
County Administrator Rusty Burns withheld the company’s name in compliance with the agreement with them, but told the Journal that it is located in the Journal’s readership area.
Also during the brief meeting, District Seven Councilwoman and chair of the Planning and Public Works committee Cindy Wilson reported that two responses were received to the request for qualifications to bid for the county’s solid waste contract. She added that the current contract had been extended for thirty days while negotiations continue.
She also nominated Katherine Hamby to the District Seven Citizens Advisory Board; a nomination that receive4d unanimous approval.