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Economic
For more information contact:
The Greater Cheraw Chamber of Commerce
221 Market Street Cheraw, SC 29520
(843)537-7681
Chamber@cheraw.com

SC Department of Commerce Division of Research and Grants
Office of Information Management
P.O. Box 927 Columbia, SC 29202
(803)737-0400

Taxes
Property Tax Assessment Ratios:
Mfg. & Util-real: 10.5%
Residential-real: .4%
All other real: 6.0%
All Personal: 6.0%
Property Tax Mills - 1997:
City: 118.76
County and School: 188.8
County Abatement Mills: N/A
City Abatement Mills: N/A

Other Taxes
Corporate Income Tax Rate: 5.0%
State Retail Sales Tax Rate: 8.0%
County Sales Tax: N/A
Personal Income Tax Rate: 2.5-7.0%
Jobs Tax Credit 1997: $3500
Qualifying Number of Jobs: 10

Major Manufacturing Employers
Employer Name
Major Product
Number of Employees
Smith, A O Water Products Co
 Residential Water Heaters
 900
Takata, Inc.
 Automotive Restraints
 800
Conbraco Industries, Inc.
 Apollo Ball Valves
 650
Highland Industries, Inc.
 Industrial Synthetic Material
 400
Carolina Knit a Division of Dixie Group, Inc.
 Knitted Fabric
 312
Stanley Works a Stanley Tool Division
 Screwdrivers
 286

For Additional Information Contact:
South Carolina Department Of Commerce
Division of Research and Grants
Office of Information Management
P.O. Box 927
Columbia, SC 29202
(803)737-0400

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