Project Traits
State: South Carolina
Congressional District: SC05
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Clean Power,
Energy Subsector: Solar,
Project Start Year: Unknown
Project Launch Year: Unknown
Government Support Received: Federal Tax Credit [Manufacturing Production Tax Credit (45X)] for Unknown Amount
Outcomes & Impacts
Private Investment: Unknown
Jobs Announced or Created: 800
People Served: Unknown
Projected Economic Impact: $21,700,000
In 2023, Silfab Solar, a solar manufacturer, invested $150 million to establish its flagship facility in Fort Mill. Utilizing transferability, the company was able to secure additional financing to expand operations in 2024.
When fully operational, the facility is projected to employ over 800 people in skilled jobs – a number likely to increase as operations expand.
The facility will produce $17 million in property taxes for local schools and $4.7 million in tax revenue for York County.