Integrated Micro-Chromatography Systems Expands Richland County, South Carolina, Operations
In addition to its headquarters in Richland County, IMCS bought a second nearby facility in 2019 and anticipates purchasing a larger building in the County in the future. The latest expansion will allow IMCS to combine the existing facilities and support its growing health science portfolio, enabling delivery of its products and services to pharmaceutical companies worldwide.
“Over the past several years, IMCS has experienced considerable success as a part of the Richland County business community,” said IMCS CEO Andrew Lee. “The tax incentives provided by the County will allow us to continue investing in people, capital equipment and facilities to expand our company and increase economic development in the County.”
To help encourage the company’s growth, County Council approved a special source revenue credit to reduce property taxes for IMCS by 35 percent over a period of 10 years.
“The tax incentives provided by (Richland County) will allow us to continue investing in people, capital equipment and facilities to expand our company and increase economic development in the county,” Lee added.
IMCS creates, manufactures and distributes next-generation biotechnology products and services for an array of clients, including clinical and forensic toxicology labs, academic research facilities, federal government agencies and health science companies. The company’s enzymes are used in drug testing labs, and drug discovery labs use the company’s micro separations products to discover antibodies that can be used to fight diseases such as COVID-19.
“County Council is always eager to support growing businesses in Richland County, and it is especially exciting to watch a company like IMCS get its start here and achieve so much,” said Paul Livingston, chair of Richland County Council. “The investment and new jobs IMCS is bringing to our community will benefit our residents and are evidence of the type of success businesses can achieve here.”
2023 Top States for Doing Business Meet the Needs of Site Selectors
The Rise of Mid-Size U.S. Cities: The Industrial Development Boom
Front Line: Brownfields Offer Redevelopment Opportunities
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
2023 Top States Workforce Development Programs
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Immigration: A Potential Fix for Labor Shortages?
Workforce Q4 2023