Performance Foodservice’s $11M expansion in Florence County will create 150 jobs – SCNow

Performance Food Group’s Florence location will be expanding.
Performance Foodservices is one of the largest food-service distributors in the United States and offers high-quality branded products. It is in the Pee Dee Touchstone Energy Commerce Park at 2801 Alex Lee Blvd., near the intersection of Interstate 95 and S.C. 327.
FLORENCE, S.C. – Performance Foodservice, a division of Performance Food Group and one of the largest food-service distributors in the nation, announced plans Thursday to expand operations in Florence County.
The investment of more than $11 million will create 150 new jobs. The operation currently has 404 employees.
With more than 60 locations nationwide, Performance Foodservice delivers more than 200,000 food and food-related products to 125,000 customer locations.
The Florence County Council approved on third and final reading an ordinance authorizing a fee in lieu of taxes agreement with Institution Food House Inc., a subsidiary of Performance Food Group, which was previously identified as Project Jam.
Institution Food House was acquired by Performance Food Group in 2012. Performance Food Group currently operates a plant at 2081 Alex Lee Blvd. in the Pee Dee Touchtone Energy Commerce Park, meaning the fee in lieu of taxes agreement was for an expansion of an existing facility.
“We appreciate the support we’ve received from Florence County and South Carolina for this expansion and throughout our years as a member of this wonderful community,” said Performance Foodservice-Florence President Rick Wilder. “Having local touchpoints is an important part of Performance Foodservice’s customer-centric approach. We are excited to be growing to better serve our customers and about adding more great, local talent to our workforce.”
It’s great to see another one of the state’s existing businesses build on its presence in South Carolina, South Carolina Gov. Henry McMaster said.
“We celebrate Performance Foodservice’s decision to invest more than $11 million and create 150 new jobs in the Florence area and look forward to their continued growth,” he said.
South Carolina is proud to be the home of great companies like Performance Foodservice, Secretary of Commerce Bobby Hitt said.
“This announcement is another indication that the Palmetto State is not only just right for business but also just right for growth,” Hitt said.
S.C. Sen. Hugh K. Leatherman Sr. of Florence also applauded the news.
“Foodservice plays a vital role in our communities, and we are proud that the expansion of Performance Foodservice will continue to support local and state restaurants,” he said. “Not only will this this expansion further support our restaurants, it will create 150 new jobs for our state.”
This expansion is a wonderful example of how companies continue to flourish in Florence County, Florence County Council Chairman Willard Dorriety Jr. said.
“The county’s proximity to two major interstates allows Performance Foodservice to quickly meet the needs of their customers,” Dorriety said. “We are excited for their continued growth and the local jobs that will be created.”
Florence County remains a great place to do business, said Florence County Economic Development Partnership Chairman Joe W. “Rocky” Pearce.
“We are very pleased that Performance Foodservice continues to be an important part of Florence County’s economy,” Pearce said.
Florence County Administrator Rusty Smith told the county council in April that the agreement called for the company to invest around $11.2 million – $9 million in land and $2.2 million in other assets – and create 150 jobs over the next five years.
A media advisory said that the expansion will enhance the company’s servicing capacity, include the purchase of new equipment and increase dry good storage.
In exchange for the investment, the county will provide a fee in lieu of taxes agreement calling for an assessment ratio of 6% and a millage rate of 0.361 mills.
The media advisory adds that the Coordinating Council for Economic Development has approved job development credits related to the project. Florence County was also awarded a $250,000 Set-Aside grant to assist with costs related to the project.
Smith said in April that the county would provide a 50% credit for the first five years and then 25% for the remaining 25 years. Smith also said the agreement calls for an additional credit if the company invests $7 million or more between years five and 10 of the agreement and a clawback provision if the company fails to meet its promises.
The building expansion is expected to be completed by the second quarter of 2022. Individuals interested in joining the Performance Foodservice team should visit the company’s careers webpage.
Performance Foodservice’s expansion was one of two economic development projects currently before the Florence County Council that have been identified.
QVC announced earlier this month that it planned to invest $27.5 million and create 360 new jobs in Florence County.
Smith said Thursday that the investment would include $6 million in land and $21 million in other assets including renovations to the company’s facility on TV Road. He added the agreement calls for the county to provide a 30-year fee-in lieu-of-taxes agreement calling for a 6% assessment ratio, a millage rate of 0.361 mills and special source revenue credits of 10% for the first 15 years.
One economic development project remains on the county council agenda: Project Proton.
The council voted Thursday morning to approve second reading of an ordinance authorizing an agreement with the as-yet-unknown company.
Smith said in May that Project Proton was a relocation of a South Carolina company’s headquarters that would result in an investment of between $13 million to $15 million. He added that the agreement calls for the company to receive a 30-year fee-in-lieu-of-taxes agreement calling for a 6% assessment ratio and a millage rate of 361.1 mills.
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I cover the city of Florence, the county of Florence, the state legislative delegation of Florence County and surrounding areas, and the federal delegation representing the Pee Dee for the Morning News.
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Performance Food Group’s Florence location will be expanding.
Performance Foodservices is one of the largest food-service distributors in the United States and offers high-quality branded products. It is in the Pee Dee Touchstone Energy Commerce Park at 2801 Alex Lee Blvd., near the intersection of Interstate 95 and S.C. 327.
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