Your source for construction industry news in the Carolinas
Greer, S.C. — CarolinaPower, a leading electrical contractor based in Upstate S.C., was recently recognized with the 2017 “Best in Class” Excellence in Construction (EIC) Award from the Associated Builders and Contractors (ABC) of the Carolinas. CarolinaPower was singled out for its exemplary work on Clemson University’s new Allen N. Reeves Football Complex which opened…
Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) today announced an agreement for the companies to combine in a stock-for-stock merger in which SCANA shareholders would receive 0.6690 shares of Dominion Energy common stock for each share of SCANA common stock, the equivalent of $55.35 per share, or about $7.9 billion based on Dominion…
The South Carolina Manufacturers Alliance (SCMA) announced that Sara Hazzard has been named President and CEO of the organization effective January 1, 2018. “We are excited to welcome Sara Hazzard as the new President and CEO of the SCMA,” said Kurt Dallas, Executive Vice President of AFL and SCMA Chairman. “Her extensive experience in government…
The nonresidential construction sector added 11,800 net new jobs in December, representing nearly 10 percent of the nation’s jobs created during the month, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. The nation’s overall construction sector added 30,000 net new jobs in December, a…
Chinese tire manufacturing company Triangle Tyre (Triangle) has selected Edgecombe County, North Carolina as the location for its first manufacturing facility in the United States, Governor Roy Cooper announced today. Triangle will create 800 jobs and invest nearly $580 million in Kingsboro, NC. The project is estimated to contribute more than $2.4 billion to North…
Gramercy Property Trust and CRG‘s build-to-suit for Bausch + Lomb in Greenville, South Carolina is now complete. Bausch + Lomb, a Valeant Pharmaceuticals International, Inc. company, took occupancy last month. CRG, Clayco, Inc.’s private real estate investment group, developed the 432,000-square-foot Class-A pharmaceutical warehouse that includes 38 foot clear height temperature controlled warehouse, ESFR sprinkler…
Corning Incorporated (NYSE:GLW) will create 428 jobs over three years in North Carolina, Governor Roy Cooper announced today, as the company locates a warehouse facility in Edgecombe County and plans an expansion of manufacturing operations in Durham. Corning, a world-leading innovator in materials science, will invest a total of $275 million between the two sites,…
Linamar Forgings Carolina (LFC), an automotive manufacturer, will create 31 jobs with an expansion of its existing manufacturing facility in Wilson County, Governor Roy Cooper announced today. The company will invest more than $6.8 million with this project. “North Carolina continues to grow our leadership in manufacturing with this expansion,” Governor Cooper said. “Linamar Forgings…
Stanley Black & Decker (NYSE: SWK), one of the world’s largest tool and storage companies, is opening a new manufacturing facility in York County. The new operations are projected to bring $31 million in capital investment and lead to the creation of 500 new jobs. “You may know Stanley Black & Decker has always been…
The South Carolina Economic Developers Association (SCEDA), a statewide organization whose primary objective is to increase the effectiveness of individuals involved in the practice of economic development in South Carolina by encouraging cooperation, exchange of information, and promotion of professional skills, announced 56 new members. The new SCEDA members are: Sergio Aparicio City of Columbia…
