Charleston County Council voted 8-1 earlier this week to establish a fee-in-lieu-of-tax (FILOT) agreement between the state, county and Eaton Aerospace LLC., a $143 billion company.

FILOT agreements dramatically lowers business property taxes paid to the state and county. In exchange, the business commits a larger investment to its local operations, expanding its footprint and bringing more jobs to the area.

As a part of the recent agreement, Eaton Aerospace committed to a $46 million expansion, adding an additional facility adjacent to its current building on Cross Country Road in North Charleston. The expansion is projected to add more than 50 jobs to the area.

Council members Herb Sass, Robert Wehrman, Henry Darby, Teddie Pryor, Kyon Middleton, Brantley Moody, Joe Boykin and Jenny Ho

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