Integrated Micro-Chromatography Systems Expands Richland County, South Carolina, Operations
04/08/2021
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.”
Project Announcements
Fair Oaks Foods Plans Davenport, Iowa, Production Facility
06/29/2022
Hyundai Motor America Plans Superior Township, Michigan, Safety Test and Investigation Laboratory
06/28/2022
Italy-Based Massimo Zanetti Beverage USA Expands Suffolk, Virginia, Campus
06/28/2022
HOLO Footwear Plans Grand Rapids, Michigan, Manufacturing Plant
06/28/2022
GlobiTech Expands Sherman, Texas, Manufacturing Operations
06/28/2022
Pharmavite Plans New Albany, Ohio, Production Facility
06/28/2022
Most Read
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
The Evolution of the Megasite
Q2 2022
-
Five Ways for Manufacturers to Manage Global Market Volatility
Q2 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
Rail Gains Advantage Amidst Supply Chain Snarls
Q2 2022