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Daimler Trucks won't build new headquarters in SC - Live5News.com | Charleston, SC | News, Weather, Sports

Daimler Trucks won't build new headquarters in SC

ROCK HILL, S.C. (AP) - When South Carolina gave Daimler Trucks $2 million to buy land in York County five years ago, the hope was the vehicle-maker would move its company's headquarters to the region.

 Daimler Trucks is trying to sell the undeveloped land on Lake Wylie after deciding to expand its current headquarters in Portland, Ore.

The company won't have to pay back the $2 million, because state officials determined Daimler Trucks met the original requirements for the grant, even without relocating its headquarters.

The grant required a $26.7 million investment, purchase of 200 acres and creation of 300 new jobs. Daimler Trucks built a sales and marketing center in Fort Mill that met many of those requirements.

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