Gossett: State not
doing enough to attract new businesses, jobs
Associated
Press
GREENVILLE, S.C. - South Carolina has not been
aggressive enough in recruiting new corporations and it should
develop incentives to attract additional investment and jobs, a top
manufacturing official says.
"Part of that is going to involve whether or not we're willing on
occasion to put some money on the table," Lewis F. Gossett,
president and chief executive officer of the South Carolina
Manufacturers Alliance, told The Greenville News for a story
Friday.
Other states "dwarf us" with the amount of money they use to seal
corporate deals and draw investment, he said.
Gossett said many firms in his organization are headquartered in
other states and South Carolina could garner new investment by
becoming "a more aggressive pursuer of corporate regional and
divisional headquarters."
State leaders, Gossett said, should tweak existing incentives and
"maybe create a new one or two."
"You don't want a budget-buster," he said. "We want to have
targeted incentives that make sense."
The alliance, formerly known as the South Carolina Textile
Manufacturers Association, represents more than 100 of the state's
largest manufacturers. Only about 30 percent of current members are
textile companies, Gossett said.
The group is sponsoring a study of the state's economic
development climate that should be completed in mid-November,
Gossett said.
"We wonder if over the last five or six or seven years if the
state's had good direction with regard to economic development, if
it's really known what it was about," said Gossett, former head of
the state's Labor and Licensing Department.
"Are we active enough out there? Are we doing enough to encourage
existing businesses to grow? Are we really being competitive for
these big projects that are out there when they do come down the
pike?" he asked.
"There are some good things happening, but we think that they
could be better, there's no question," Gossett said.
South Carolina's weak job growth dropped again in the second
quarter, triggering new partisan criticism of Republican Gov. Mark
Sanford's policies. The Federal Deposit Insurance Corp. said
Wednesday the state placed 50th in job growth with less than a tenth
of a percent and agency analysts said early data from the third
quarter suggests "further weakening."
Sanford spokesman Joel Sawyer said criticism by Democrats that
South Carolina continues to fall behind the rest of the nation is
"playing politics with a situation the governor is working very hard
to improve."
The manufacturers alliance's legislative agenda for 2006 will
include initiatives on property tax reform, workers compensation,
tort reform and port expansion.
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