The staff at Business Facilities magazine has named South Carolina as the 2017 State of the Year. The publication, which reaches key influencer that make corporate facility and real estate decisions, cited investment by Volve, BMW, Samsung and others as key factors in their decision in selecting South Carolina.
Below is from Business Facilities
South Carolina is Business Facilities’ 2017 State of the Year. The Palmetto State took BF’s top honor by doubling down on its solid manufacturing base while diversifying into new growth sectors. Massive new commitments from auto giants BMW and Volvo were the drivers in a bounty of new projects in South Carolina in 2017, the top five netting 6,400 new jobs for the state.
Samsung will open a $380 million home appliance manufacturing plant in Newberry County, SC, which is expected to create 954 new jobs by 2020.
“The Volvo and BMW expansions catapult South Carolina into the top tier of U.S. automotive manufacturing hubs, but the Palmetto State also has been busy laying the foundation for sustainable growth across a diversified portfolio of growth sectors,” said BF Editor in Chief Jack Rogers.