FINANCIAL_SERVICESAPPROVED

hampton_county_special_source_revenue_credit_agree.pdf

Hampton County Approves Revenue Credit for Ironline Metals

$6,500,000 Expansion Project; $19,000,000 Original Project (investment basis)Hampton CountyIRONLINE METALS LLCDecember 2, 2025

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Description

Hampton County Council approved a special source revenue credit agreement with Ironline Metals, LLC providing 15% and 30% infrastructure credits on original and expansion manufacturing projects totaling $25.5 million in proposed investment. The agreement supports economic development at the company’s Yemassee facility for the duration of the infrastructure credit term.

Contract Details

Contract Amount

$6,500,000 Expansion Project; $19,000,000 Original Project (investment basis)

Vendor

IRONLINE METALS LLC

Agency

Hampton County, SC

Contract Type

FINANCIAL_SERVICES

Document Date

December 2, 2025

Contract Term

Infrastructure credit term applicable to original and expansion projects; 15% credit on original project, 30% credit on expansion project for the credit term

Renewal Info

Special source revenue credit is tied to the life of the infrastructure credit term for both the original and expansion projects; future amendments would require additional council action.