Providing for Economic Growth
We here in our area know more about the decline in manufacturing jobs and job loss than any other area of South Carolina. I believe we must work hard to promote economic development measures that will bring increased investment and new high paying jobs to our area. We recently passed legislation providing job development tax credits, which will help sustain existing manufacturers and employers and will create incentives to bring new corporate citizens to South Carolina.
The economic potential of the hydrogen industry for South Carolina is estimated to be 40,000 jobs and a $10 billion capital investment in the state. That’s why we’ve created The South Carolina Hydrogen Infrastructure Development Fund. This will keep South Carolina at the forefront of the hydrogen revolution, and bring an exciting new industry and jobs to us.
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