Duke Energy has selected three South Carolina properties for its Site Readiness Program to prepare them for business and industrial development.
The program identifies, evaluates, and improves industrial sites in the company’s six-state service territory to help communities compete for new companies and jobs, according to a press release. The sites are selected based on their potential to bring large businesses and industries to their area.
The properties chosen to participate in this year’s program include a 528-acre site in Cherokee County, a 245-acre site in Greenwood County, and a 358-acre site in Lancaster County.
As part of the program, Duke Energy works with McCallum Sweeney Consulting to conduct site studies and then collaborates with county leaders and local economic development professionals to create a strategy for providing water, sewer, and electricity to the sites. Each site can apply for a $10,000 matching grant from Duke Energy to help prepare it for projects.
At the completion of the program, Duke Energy will present its findings, which include a detailed report and conceptual drawings, to county officials and then market the sites nationwide to companies seeking to expand or relocate operations.
Since the program started in 2005, it has helped South Carolina sites attract 14 major projects, bringing more than 2,600 new jobs and over $950 million in capital investment.