Fencing company Amarok set to add 300 new jobs, invest $69 million in Richland County, South Carolina

By Hannah Wade

A fencing company in Columbia is set to expand its existing corporate headquarters and add close to 300 new jobs, according to a tax incentives package signed by Richland County council Tuesday night. Amarok, which has an office at the corner of Assembly and Blossom Street in downtown Columbia, has plans to build a new corporate headquarters near the REI Co-op in the BullStreet District, according to county documents.

“AMAROK is immensely proud and excited to be growing our headquarter operations in Richland County,” Kerry Gibson, a spokesperson for the company, wrote in an email to The State. Gibson didn’t answer questions about specifics of the project, but said the company looked forward to “sharing more information about this exciting development in the weeks to come.” The project, which is set to receive a number of tax incentives, will include $69 million in investments by the company and the creation of 296 new, full-time jobs. For the investment of money and jobs, the county will offer the company a cap on its property taxes for the next three decades. While the company declined to share specifics on the project, the tax incentives package outlined Amarok anticipates the first phase of the project will be “placed in service during the calendar year ending Dec. 31, 2026.” It’s unclear whether the company’s existing location, on the fifth floor of the building at 550 Assembly St., will be consolidated into the new facility or continue to exist separately. The county council agreed Tuesday to sign a fee-in-lieu-of-tax agreement, which means the company will pay a fee that’s smaller than what it would’ve paid in taxes without the agreement. The incentives package also included an infrastructure credit, which means the county will provide a 50% credit against that fee for up to 10 years.

Source: The State

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