By Matt Tomsic
Published Oct. 24, 2011
North Charleston human resources technology firm PeopleMatter will invest $18.8 million in a new facility in downtown Charleston and will create 265 jobs during the next five years, according to a news conference this afternoon by the city of Charleston and the S.C. Department of Commerce.
Charleston County Council has the approval of financial incentives for the “Project Bahamas” expansion on its agenda for Tuesday's meeting. The incentive is a fee-in-lieu-of-taxes agreement between the county and the project. The terms will include a 6% assessment with millage fixed at 260.1 during the 20-year term.
Reach Matt Tomsic at 843-849-3144.