On Tuesday, Horry County Council passed a resolution to provide economic incentives, including tax incentives, to a new company that has plans to move to our area.
For now, the company is being called "Project Orbit". The type of company has not been released yet.
However, it is promising to invest $10 million in a project that will be built in Towne Center, which is off of Hinson Drive in Carolina Forest.
By 2016, the company plans to create 615 jobs with average salaries around $11.00 per hour.
This is one of several major economic development projects that have been announced over the past year.
PTR Industries and Ithaca Gun Company, two gun manufacturers plan to build and operate in Horry County.
Stag Arms, a third gun manufacturer is still considering a move to Horry County.