Business

York County has 57 economic development prospects

York County Economic Development has 57 active business prospects and could land as many as seven of them, says its director, David Swenson.

The average potential investment would be about $13 million, Swenson told his board on Tuesday. The number of jobs depends on the type of businesses and whether they are new construction or a plant expansion. Typically, plant expansion does not generate as many jobs are new construction.

In July, Swenson’s office had contacts with seven possible projects, representing $130 million in investment and about 1,200 jobs. One prospect is a distribution firm that looking to build 2 million square feet and employ up to 300, he said. Another is a plastic parts manufacturer, he said.

Since the fiscal year started in July, Swenson’s office has had 19 possible projects, four of them possible expansion of existing businesses. He said five prospects have visited the county since July.

  Comments