Lexington Irmo Lake Murray Real Estate Update 05-13-2011

Michelin: 270 new jobs for Lexington – Michelin North America will spend $200 million to expand its Lexington County facilities and add 270 new jobs. The plan, announced Monday will increase the tire manufacturer’s investment in Lexington County to $1 billion. Michelin has been operating in the county since 1981. Work on the expansion will begin immediately. When completed in 2013, Michelin will employ 2,100 people in Lexington County. The new facility will help the Greenville based Michelin to increase its tire making capacity, as demand for passenger tires increases. The Michelin brand has been resilient during the recent economic crisis. “As the economy turned, the demand for our tires increased dramatically,” said Dick Wilkerson, chairman and president of Michelin North America. “We must have more capacity for high performance passenger car tires,” he said.

Walmart, Haley tout 4,000 more jobs for S.C. – Wal-Mart announced it will invest $400 million and bring 4,000 more jobs to South Carolina. This will mean a dozen new stores and expansion of other stores, Gov. Nikki Haley and Wal-Mart CEO Bill Simon announced at the Farmer’s Market. The announcement came days after Wal-Mart helped block a sales tax break for Amazon.com. The move ended Amazon’s plans to build and operate a 1 million square foot distribution center in Lexington County near Columbia Metro Airport. Amazon is reportedly negotiating in at least two other states to take its operations there if it can be exempted from collecting sales taxes on sales made to instate resident. Airport Executive Director Dan Mann said he did not expect the Amazon pullout to hurt airport traffic.

Lexington County Museum wins award – The Lexington County Museum was presented with an Award of Merit from the Confederation of South Carolina Local Historical Societies at the 2011 Landmark Conference in Walterboro, SC for its work in restoring the John Fox Slave Quarters. The restoration project included removing twentieth century siding and installing period correct siding and a period correct fireplace into the structure. An exhibit demonstrating how slaves lived in Lexington County in the 1850s was installed in the restored cabin. The award of merit is given to individuals and organizations that complete exceptional projects that advance local history. Founded in 1970, the Lexington County Museum focuses on Lexington County’s history from the colonial period to the Civil War.

**All information compliments of the Lexington County Chronicle.**

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