Health Supply US plans to make major investment in Greenville SC

Health Supply US, a government contracting and medical supply company, is establishing major manufacturing operations in Greenville County, the company announced Monday at Greenville Area Development Corporation’s annual meeting.

The company is investing more than $150 million and will create 600 new jobs over the next five years.

Health Supply US struck a deal for a fee-in-lieu-of-tax agreement, meaning the company will pay the county a fee instead of the property tax it would pay on the development — with the idea that the creation of jobs and investment in Greenville County has a comparable public benefit to that of the taxes.

Under the terms of the deal, the company agreed to invest upwards of $100 million and create 600 jobs over the five-year period beginning May 17. Meanwhile, the county agreed to lower the assessment ratio for the company’s property, down to 6% from the standard 10.5%, and to freeze the tax rate at 326.6 mills for a period of 30 years.

The new Glove One operation will have the capacity to produce 4.3 billion nitrile gloves annually, with the ability to triple production in the future, according to a press release.

Health Supply US, a government contracting and medical supply company, is establishing manufacturing operations in Greenville County for products such as medical isolation gowns and nitrile gloves.

“Health Supply US is dedicated to bringing critical medical supply chains back to the United States,“ said Health Supply US CEO Christopher Garcia. “Nitrile gloves are a vitally needed medical item that keep our frontline healthcare professionals and first responders safe — an item that we simply cannot rely completely on international markets for our domestic supply in the future.”

Initial report:Major investment in Greenville to come but company remains a mystery as it gets tax break


https://www.greenvilleonline.com/story/news/local/greenville/2022/06/06/health-supply-us-plans-make-major-investment-greenville-sc/7501256001/

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