Your source for construction industry news in the Carolinas
The S.C. Department of Commerce released its 2017 industry recruitment results. In total, the state won 157 economic development projects last year, accounting for $5.24 billion in capital investment and 18,445 new jobs. “South Carolina has become an industrial powerhouse,” said Secretary of Commerce Bobby Hitt. “To recruit more than $5 billion in capital investment…
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…
The S.C. Department of Commerce has been awarded a State Trade Expansion Program (STEP) grant from the U.S. Small Business Administration (SBA) for the sixth year. In total, the SBA is awarding $18 million to 44 states in this year’s round of STEP grants, which are designed to support and encourage small business export success….
North Carolina ranks among the nation’s top five states for having the best business climate, according to a report released this morning by Development Counsellors International (DCI). North Carolina came in at No. 5 in DCI’s survey of 331 corporate executives with site selection responsibilities. Texas ranked No. 1, followed by Florida, Georgia and South…
Economic development leaders from Southern states gathered at the Westin Hotel in Charlotte, NC for the annual Southern Economic Development Council (SEDC) annual conference. “Redefining Competitiveness” was the theme for this year’s conference which drew over 300 participants. The conference featured Marcus Smith, CEO of Speedway Motors. Key topics during the conference included reshoring, political…
AmbioPharm, Inc. (API), a full-service peptide and biopharmaceutical manufacturing company, is expanding its existing Aiken County operations. The expansion is projected to bring $18 million of new capital investment and lead to the creation of 100 jobs over the next five years. “AmbioPharm continues to be grateful for the support that it receives from the…
Sometimes sharing isn’t the right thing to do — especially when the prize is recognition as the state with the best economic development performance in a single year. For the third straight year, North Carolina ranks first in the nation in a closely watched annual business ranking by Site Selection magazine. But this year, North…
North Carolina has retained its fourth-place spot in a well-regarded annual ranking of states attracting the most new and expanded corporate facilities according to a national economic development publication. In 2016, North Carolina had 289 qualifying projects announced, according the latest Governor’s Cup ranking from Site Selection magazine. Among the Top 5, North Carolina trailed…
Two elite site selection professionals have been accepted into the Site Selectors Guild (SSG), the world’s foremost organization of location advisory consultants. With the induction of these two members, the organization’s membership reaches a new high of 43 and truly represents the world’s best site selection professionals. Woody Hydrick is Managing Principal of Global Location…
