Utility to announce
development Santee Cooper: News to
affect Georgetown County By
Kelly Marshall The Sun
News
GEORGETOWN - Santee Cooper plans Monday to
announce a "major economic development" coming to Georgetown
County.
The state-owned utility is in the midst of asking customers for
their input in how Santee Cooper should be operated and governed in
the future and has sandwiched the economic development announcement
in between public meetings to gather that feedback.
The first was held Thursday in Conway, and another is scheduled
Monday evening in Litchfield Beach.
The effort comes a few months after Gov. Mark Sanford fired
Santee Cooper's board chairman and filed a packet of bills in the
General Assembly changing his powers over the utility, moves that
drew some criticism and concern about the state's plans for the
utility.
Sanford is listed, along with Santee Cooper and Georgetown County
officials, as issuing an invitation to the "major economic
development" announcement, which will be held Monday morning at the
utility's Winyah Generating Station. Sanford's seal appears on the
invitation, but his office said Wednesday and Thursday that he was
not scheduled to attend Monday.
Santee Cooper's board is holding a special meeting today.
Details were not released Thursday on the type of economic
development to be announced.
Economic development efforts in Georgetown County in recent years
have attempted to shore up an economy that relied heavily on the
Georgetown steel mill for jobs and tax revenues.
The plant was purchased by International Steel Group and
restarted production as ISG Georgetown July 31, putting nearly 300
workers back on the payroll by the end of 2004.
The unemployment level in Georgetown County, which has been as
high as 15 percent, was 11.9 percent in February, a slight dip from
the 12.2 percent unemployment rate in January.
The development to be announced will boost the county's economy
and encourage growth in other sectors, economic experts said.
Official invitations were sent earlier this week for the
announcement.
The county has been struggling with high unemployment levels for
the past several years with plant closures at Eagle Electric, Fee
Tees and Georgetown Steel.
At least 400 people were laid off from Georgetown Steel before
the plant reopened under new ownership in June.
South Carolina also is lagging behind the rest of the country in
the economic recovery.
South Carolina's unemployment rate rose to 7.1 percent in
February, the State Employment Security Commission said.
The state's jobless rate was 7 percent in January.
The national rate jumped from 5.2 percent in January to 5.4
percent in February.
"Any new growth will boost the economy," said Brenda England,
director of the Georgetown Office of the S.C. Employment Security
Commission.
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