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About OCDC

Mission

“To improve the Quality of Life for all Citizens through the growth of jobs and capital investment”. We will accomplish this by increasing the visibility and opportunities of Orangeburg County; proactively attending marketing missions; regular visitations with the Department of Commerce;proactively generating leads by utilizing a detailed marketing plan.

The Orangeburg County Development Commission is publicly chartered to plan and promote a strong business image, to recruit new employers to Orangeburg County and to facilitate the growth of existing employers.

The Facts on Orangeburg County’s Successes

The following are hard numbers to back up Orangeburg’s claims of lower operating costs, a work force that makes a difference, and a better quality of life for your employees:

  • Orangeburg County has set records for the number of firms making capitol investments.
  • From 1987-2008 s/b 2005-2016, Orangeburg County announced plant locations and expansions totaling
    $1 billion in investments and virtually 5,000 new jobs.
  • More than 29% s/b 25% of Orangeburg County’s work force is employed in manufacturing, compared to 23.8% for the state and 14% for the nation.
  • Orangeburg County ranks fifth of the 46 South Carolina counties in the percentage of its workforce involved in manufacturing.
  • Orangeburg County is already home to more than 100 leading manufacturers and distributors.

Companies locating in Orangeburg County will find a probusiness climate, and South Carolina’s tax structure is designed to support new and expanding businesses. The state’s corporate income tax rate is 5%, the lowest in the Southeast.

To encourage investment in the state, South Carolina offers performance-based incentives that reward job creation and capital investment. A location in Orangeburg County maximizes these incentives due to Orangeburg’s designation as a “least developed” county. Tax incentives include the following:

  • Jobs Tax Credits – Lower corporate income tax by up to 50% for qualifying companies that create an average of 10 new jobs in a taxable year.
  • Job Development Credits – Cash rebate for qualifying companies based on employee wages that can be used to offset certain eligible capital expenditures.
  • Sales Tax Exemptions – Machinery and equipment, wholesale sales tax, electricity and fuel used in manufacturing and material that become an integral part of the finished product are exempt from sales tax.
  • Property Tax Exemptions – There is no tax on intangibles, inventory, or pollution control equipment.
  • Five-Year Abatement – The county ordinary portion of the millage rate is abated for the first five years of the investment for qualifying companies.
  • Fee-In-Lieu of Property Taxes – Property in South Carolina is only taxed at the local level. Therefore, the state authorizes a county to negotiate a Fee-In-Lieu of property taxes with qualifying companies. This incentive can potentially lower the assessment rate and lock in the millage rate for 20 years.

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