As PTR Industries struggles to become current with Horry County and other vendors, it is important Horry County Council remembers the lessons of AvCraft.
Having covered the AvCraft debacle from beginning to end, the issues with PTR Industries sound eerily familiar.
It will be one year ago next week that Gov. Nikki Haley and Rep. Tommy Rice visited PTR Industries to celebrate the one year anniversary of the announcement that the company planned to relocate to Horry County. Te dignitaries received special edition rifles to commemorate the occasion.
One week later, PTR Industries laid off workers.
In early July 2014, PTR Industries presented a check to Horry County during an executive session of Horry County Council that, reportedly, brought the company to within 45 days of being current on its rent at the county building it occupies at the Cool Springs Business Park.
One year later, it is being reported in local media that PTR Industries hasn’t paid rent to the county since March 23, 2015. In other words, we are back to at least 90 days in arrears.
Additionally, PTR Industries is in arrears to other vendors and, according to information from sources familiar with the company, is required to bring cashier’s checks, as often as weekly, to utility providers in order to keep the lights on.