As more businesses make their home in Rock Hill, the City of over 70,000 has become an economic and competitive force. Along with an innovative and progressive business climate, Rock Hill offers favorable tax laws, low gas prices, excellent training and education opportunities, and appealing business incentives. Recent strategic initiatives like Knowledge Park have served to solidify our place as an emerging center for technology and creativity.
Once home to a thriving textiles industry, Rock Hill has transformed itself to include many global companies such as Atlas Copco, 3D Systems, and Coroplast. Manufacturing, distribution and healthcare industries still remain strong thanks to the City’s convenient location, infrastructure, and skilled workforce. Rock Hill is also home to a number of business and industrial parks, including TechPark, SouthCross Corporate Center, Waterford Business Park and Riverwalk Business Park. All offer high-quality sites and are close to hotels, conference centers, restaurants and easy access to I-77. A downtown Rock Hill technology incubator provides innovators and technology start-ups mentoring and assistance finding investors.
In the most recent addition (Q3/2017) of the publication Area Development, South Carolina was consistently ranked in the top states for doing business. States across our nation were ranked on 12 factors. South Carolina ranked number 1 for Business Incentive Programs and number 2 for Overall Cost of Doing Business.
Overall Cost of Doing Business
Business Incentive Programs
Source: Area Development (View All Rankings)
COST OF LIVING
Rock Hill offers an array of affordable choices—the proof is in the numbers!
TOTAL COST OF LIVING INDEX: 93/100
ROCK HILL HOUSING INDEX: 73/100
A community with an index of 100 has the same cost of living as the average U.S. city. A community with an index higher than 100 is more expensive, and a community with a lower number is less expensive. The further the number is from 100, the more or less expensive it is.
Rock Hill offers companies and employees quick and easy access to several transportation options by being conveniently located near several major interstates, rail terminals, ports, as well as regional and international airports.
Rock Hill is less than 30 miles from the Charlotte Douglas International Airport (CLT), the 6th busiest airport in the world! This airport averages over 700 flights per day and is served by seven domestic carriers, three commuter carriers, and two international airlines.
The Charlotte Air Cargo Center at CLT is the region's 570,000 square feet premier air cargo facility. Commended for its low fee structure and ability to accommodate all types of aircraft carriers, the cargo center houses more than 60 freight forwarders, custom house brokers, and international service providers. It also offers a full range of international support resources, including U.S. Customs and Border Protection.
Designed as a business and industrial alternative to CLT, Rock Hill is home to the Rock Hill-York County Airport. Featuring a 5,500 feet long X 100 feet wide IFR certified runway, the airport offers quick, streamlined arrival and departure capabilities for general aviation. It also features a 7,200 square foot terminal building with a pilot lounge and shop, flight planning facilities, and a large conference room—perfect for business travelers!
Rock Hill is directly connected to Charlotte, NC, and the SC state capitol of Columbia via Interstate 77, an eight lane major thoroughfare. I-77 also connects Rock Hill to Interstate 485, which circles around Charlotte, and Interstate 85, which creates an important link to Atlanta, GA, and Raleigh-Durham, NC.
Rock Hill connects to the Port of Charleston via a 3 hour drive on I-77 and I-26. The port features modern terminals and a reputation for high productivity, making it a natural home for the 350+ transportation-related companies in the area.
A full-service port terminal can be found in Greer, SC, only 80± miles from Rock Hill and 212± miles from the Port of Charleston. This port, operated by the South Carolina Ports Authority, serves as a container yard and is provided daily rail serve by Norfolk Southern. A second inland port is also being developed in Dillon, SC, located 125± miles from Rock Hill and 132± miles from the Port of Charleston.
CHARLOTTE REGIONAL INTERMODAL FACILITY
Located next to Charlotte Douglas International Airport, the new 200 acre Charlotte Regional Intermodal Facility transfers trailers and containers between trucks and trains and is capable of 200,000± lifts per year. This facility is directly connected with other intermodal facilities at the Port of Charleston.
Norfolk Southern recently opened a new terminal in Charlotte to incorporate it into its Crescent Corridor infrastructure project, which will connect the Gulf Coast with New York City for one of the most most efficient connections for intermodal cargo in the Eastern United States.
Amtrak passenger service is also available out of nearby Charlotte.
On March 23, 2018, Governor Henry McMaster announced he has recommended, at the request of the City, four census tracts be designated as Opportunity Zones. Census tracts in Rock Hill designated as Opportunity Zones include areas comprising Knowledge Park, the Saluda Street corridor and the Albright Road corridor. These designations, after their finalization, are designed to jumpstart investment and spur economic development in Rock Hill. This program will provide a valuable financing tool to encourage significant economic development in the urban core. The program allows investors to defer paying tax on capital gains if those gains are invested in Opportunity Zones.