Sumter County council approves Nova Molecular expansion and amended tax-incentive agreement Sumter County Council voted 5–2 on Jan. 23 to amend a fee-in-lieu-of-taxes agreement to accommodate a proposed $17 million expansion by Nova Molecular, a company that has already invested about $29.6 million in the county. Opponents at the public hearing argued the special-source revenue credits are excessive relative to jobs created.

Sumter County Council just approved a $17 million expansion for Nova Molecular, but not without controversy over the hefty tax incentives tied to just 10 new jobs!

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Sumter County approves tax‑incentive agreement for Project Ignis (SEM Wafertech) totaling hundreds of millions in reported investment Council unanimously adopted Ordinance 23‑985 authorizing a fee‑in‑lieu of taxes agreement and special source revenue credits for Project Ignis (SEM Wafertech and affiliates); presenters reported a total project investment of $691.9 million and an estimated 300 jobs with average wages up to $20 per hour.

Sumter County Council has just approved a groundbreaking $691.9 million investment for Project Ignis, set to create around 300 new jobs with wages up to $20 per hour!

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Council clears second readings for Nova Molecular option changes and Project Peanut land and tax deal Council approved second readings to terminate an older option with NOVA Molecular, grant a new option/right of first refusal on adjacent parcels, and advanced a purchase-and-sale and fee-in-lieu package tied to 'Project Peanut,' which anticipates about $38 million in investment and 47 jobs over five years.

Sumter County is set to revitalize its economic landscape with a new $38 million investment and 47 jobs through the exciting 'Project Peanut' while updating its agreement with NOVA Molecular!

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