ROCK HILL, S.C. — York County has landed a major economic development project that includes $443.2 million in investment and the creation of 405 jobs in Rock Hill.
York County Council held a meeting Monday for the third reading of an ordinance on incentives for the development, which has the code name of Project Tullamore, county documents show. It was approved by the council.
Pallidus Inc., which plans to manufacture “semiconductors and related devices,” is the company responsible for the new project, according to Channel 9′s partners at the Charlotte Business Journal.
During Monday’s meeting, council chairwoman Christi Cox spoke on the economic growth the company will bring to the area.
“I would also say that this is to have a silicon manufacturer come in, opens up some some tremendous opportunities for the county,” Cox said. “I’m very pleased to spoke with representatives from the company that it’s 100% American owned and the investors are American. That’s important to me personally.”
The timeline for the project is unclear. However, county documents state the investment period end eights years from the project’s start date.
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