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The Georgetown Advantage
Locate your company in a county with exceptional resources.

Business Climate
Information on incentives, workforce, county data, and more.

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Access data on Georgetown's four commerce centers.

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State of South Carolina

Georgetown County Economic Development

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Location

Georgetown County is located in northeastern South Carolina on the Atlantic Ocean, between Myrtle Beach and Charleston and surrounded by Berkley, Charleston, Marion, Horry and Williamsburg Counties. It offers a superior location for business. This is due to the county and states' exceptional economic climate that successfully holds down operating costs and increases the return on investment for business.

Highways
  • U.S. 17 runs north to Myrtle Beach and south to Charleston.
  • U.S. 701 runs north to North Carolina from Georgetown
  • U.S. 17A south to I 26 and I 95
  • U.S. 521 west to I 95, Sumter and Columbia
Distances
  • Atlanta, GA: 320 miles
  • Charleston, SC: 60 miles
  • Charlotte, NC: 190 miles
  • Columbia, SC: 120 miles
  • Myrtle Beach, SC: 35 miles

Incentives

Taxes
South Carolina ranks 6th nationally in the lowest per capita tax burden and third lowest in workers compensation insurance rates. The state's corporate income tax rate is the lowest in the Southeast at a modest 5 percent.

South Carolina and Georgetown County have NO taxes on intangibles, inventory, value added or wholesale goods. South Carolina DOES NOT impose a unitary tax on worldwide products. There is no state property tax and no local property or sales tax on pollution-control equipment, and no sales tax on manufacturing production equipment, repairs, parts, industrial fuels or materials that become part of a manufactured product.

Tax Credits
Job tax credit of $4,500 per job per year for 5 years on any new job created. It takes a minimum of 10 new created jobs to qualify. Job Development Credits (JDC) are available to companies that invest in Georgetown County. Qualifying companies may use part of gross employee wages for the purchase and improvement of real property, infrastructure, pollution-control equipment and employee training through the JDC. This does not financially impact employees. Fee in Lieu of Tax is available in Georgetown County to all companies that make an investment in plant and/or equipment in excess of $5,000,000. Other tax incentives are available depending on the circumstances and nature of the project.

Center for Accelerated Training
South Carolina's Center for Accelerated Training provides one of the state's most powerful economic development incentives. It provides companies moving to, or expanding in South Carolina with well trained and highly motivated employees. This is accomplished through recruiting, screening and training employees at no cost to the company.

Population and Growth Projections
Population
  • Total: 55,797
  • White: 33,307
  • Black: 21,541
  • Amer. Indian: 77
  • Asian: 130
  • Hispanic: 919
Georgetown County has three incorporated municipalities
  • City of Georgetown, Population: 8,950
  • Town of Andrews, Population: 3,068
  • Town of Pawleys Island, Population: 138

Population/Growth
The population of Georgetown County reached 55,797 in 2000 according to the U.S. Department of the Census. The population of the County increased by 9.5% between 1980 and 1990, and 20.5% between 1990 and 2000. Current projections by the Waccamaw Regional Planning Council anticipate that the County of Georgetown will increase its population an additional 11% by the year 2010. From 2000 to 2025 it is expected to increase an additional 25%.

Labor Force
Labor Market:
Civilian Labor Force: 26,130
Average Employment: 22,590
Average Unemployment rate: 10.8%

Hourly Earnings:
County Average: $10.20
South Carolina is a right to work state

Employment By Industry:
Agriculture: 786
Mining: 17
Manufacturing: 6,117
Transportation: 595
Wholesale Trade: 513
Retail Trade: 4,296
Finance, Insurance, Real Estate: 1,207
Service: 8,218
Public Administration: 804

Major Employers
Company Name Type of Business Employees
1) Georgetown County Schools Education 1600
2) International Paper Company Paper Products 750
3) Georgetown Hospital System Medical Services 1200
4) ISG Steel Wire Manufacturer 400
5) Georgetown County Government 505
6) 3V Inc Detergent Auxiliaries 260
7) City of Georgetown Government 203
8) A&L Apparel Men's & Boy's Clothing 125
9) Sampit Lumber Company Lumber 142
10) Screen Tight Extruded Composites 140
Source: Georgetown County Economic Development

Industrial Citizens
Some of the companies located in Georgetown county:
Agru/America, Inc., Coastal Wire Co. Inc., ISG., International Paper Co.- Pulp and Paper, Florian Greenhouses, Screen Tight, Southeastern Wire Fabricators, Inc., Pawleys Island Hammocks, Southeastern Fly Ash Company, A&L Apparel, Andrews Metal Works, Andrews Wire Products, Spiral Fittings, Amatec, Con-Serv, Low Country Forest Products, 3V Chemical, Inc.

Port Information
With open seas only 14 miles away, the Georgetown harbor has been at the center of international commerce for nearly two centuries. In the 1770s, it thrived on shipping indigo to European ports. By 1840, Georgetown was exporting more rice than any other seaport in the world. Today, the International Port of Georgetown handles more than 1.8 million tons of bulk cargo from Latin America, Europe and Asia every year. Charleston, just 60 miles south, is the second largest container port on the east coast and is easily accessible down U.S. 17. Forty steamship companies carry materials to 140 different countries around the world.

Motor-Freight Carriers
Number of carriers: 35
Delivery days to: Atlanta 1 · Chicago 3 · New York 3 · Dallas 3 · St. Louis 3 · Denver 4 · Los Angeles 5

Rail and Airport Information
Rail Service
Georgetown County is served by CSX Railroad, which offers direct rail access to the rest of the United States' extensive rail service.

Airports
Thirty minutes north of downtown Georgetown on U.S. Highway 17, the Myrtle Beach International Airport offers daily non-stop flights to New York, Chicago, Detroit and dozens of other cities.

Sixty miles to the south of Georgetown is the Charleston International Airport offering a full schedule of daily commercial flights, along with U.S. Customs services and protected Foreign Trade Zone areas.

Three miles south of Georgetown is the location of the Georgetown County airport. This airport boasts a 5,000 foot runway. Aviation fuels are available from the fixed base operator. The Andrews Airport in the western sector of the county gives private aircraft a non-congested avenue for takeoffs and landings.

Contact:
Georgetown County Economic Development
716 Prince Street, Georgetown, SC 29440 • Phone: 843-545-3161 • Fax: 843-545-3259 • info@seegeorgetown.com