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York County Eyes Major Pharma Deal

York County Eyes Major Pharma Deal

Published 3 days, 5 hours ago
Description

York County is poised to land a major pharmaceutical giant under Project Palmetto Rock, promising over 1,000 high-paying jobs—manufacturing roles at $100K and office positions at $140K—and $362M in new tax revenue. The company, still unnamed, will build on the former Panthers training site, now rezoned for industrial use, while Novant Health develops a medical campus nearby. To sweeten the deal, officials are offering a steep 4% tax break and seeking a $65M state grant—no local cash needed. A public hearing on June 29 will reveal the company’s identity, aiming for transparency ahead of development. This could be York County’s biggest economic win since the Panthers’ plans fizzled out.

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