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Stream of prospects keeping IDA staff busy
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Though the Effingham Industrial Development Authority wasn’t chosen for two large prospects, interest in the community remains strong, IDA CEO John Henry said. Effingham had been shortlisted, making it one of the finalists, for the Continental Tire plant that eventually located in Sumter, S.C. The plant, according to the South Carolina Department of Commerce, will mean a $500 million investment and more than 1,700 jobs over the next 10 years. South Carolina also is said to have offered as much as $31 million in incentives.