December 10, 2013
WALHALLA, S.C. (AP) — A plant that makes metal catalysts in Oconee County is investing $60 million over the next five years.
The Anderson Independent-Mail reported Wednesday that the BASF Catalysts plant in Seneca expects to add 25 jobs as part of the expansion.
The high tech company makes and distributes precious metal catalysts, chemicals, salts and solutions. The plant already employs about 350 people.
Officials made the announcement as the Oconee County Council tentatively approved a fee-in-lieu-of-taxes deal to facilitate the investment. A public hearing and final vote are needed for the deal to take effect.
Local officials say the arrangement will bring Oconee County about $7 million in fees over 24 years.
(Copyright 2011, The Associated Press)