$900M Project Ballast FILOT deal
Kershaw CountySouth Carolina- Detected
- Jun 23, 2026
- 136 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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THE 30-SECOND BRIEF
Kershaw County is authorizing a Fee-In-Lieu of Ad Valorem Taxes and Special Source Revenue Credit agreement with a major investor referred to as Project Ballast. The project involves an expected $900,000,000 investment, with a contractual minimum of $400,000,000 and at least 15 new full-time jobs, supported by a 40-year FILOT and credits. While the tax incentive deal is set, this large industrial project will drive demand for site development, utilities, infrastructure, environmental, and professional services in and around the new facility.
Specific site details and industry type are not disclosed in this excerpt; the project will be located within Kershaw County and may be placed in a multicounty industrial/business park.
From the meeting
- Meeting date
- June 23, 2026
- Agency
- Kershaw County
Questions about this project
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When will Kershaw County issue an RFP for this project?
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