Wednesday | September 2, 2020

Huge Opportunity Zone Announcement, 1,500 Permanent Jobs Coming to South Carolina

Hampton County, SC – U.S. Senator Tim Scott released the statement below following today’s announcement regarding the creation of a new Agriculture Technology Campus (ATC) in Hampton County, South Carolina. The ATC is located in an Opportunity Zone, and will create more than 1,500 full time jobs by 2025 as part of a $314 million investment.

“Today is an amazing day for Hampton County, South Carolina, and the Opportunity Zone initiative as a whole,” Senator Scott said. “This is the exact sort of investment we expected in creating Opportunity Zones, and is a classic example of the potential for zones across the country. These 1,500 new full-time jobs and 500 seasonal jobs will help power rural Hampton County’s economy for years to come, helping an historically underserved community build a better future for hard-working South Carolinians.

The ATC will “include greenhouses for locally grown, pesticide-free tomatoes, leafy greens, blueberries, and other produce, a 150,000-square-foot distribution center, and a co-packing facility.”

Created by a provision included by Senator Scott in the 2017 tax reform package, Opportunity Zones are the first major new effort to help our nation’s most distressed communities in decades. More than $75 billion in private sector investment has been committed to Opportunity Zones around the country. For more information on Opportunity Zones, click here.