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South Carolina

South Carolina Economic Activity Capped by $5.7 billion in Capital Investment, More than 18,000 Jobs Recruited

by South Carolina Department of Commerce on January 31, 2022

The South Carolina Department of Commerce today released its 2021 industry recruitment results, which break multiple records set throughout the past decade. In total, the state won 153 projects, accounting for $5.7 billion in capital investment and more than 18,000 new jobs. “South Carolina’s strong industry recruitment in 2021 proves that we are a state…

Topics: Economic Development, Featured
Economic Development, South Carolina

CarolinaPower Named to 2019 Best Places to Work in South Carolina

by GroundBreak Carolinas News Editor on June 21, 2019

For the second consecutive year, CarolinaPower has been named one of the Best Places to Work in South Carolina – a prestigious list of companies announced this week. CarolinaPower has four offices in South Carolina and a field force that exceeds 100 crew members. Now in its 14th year, the Best Places to Work in…

Topics: Contracting
Best Places to Work, South Carolina

SC State and Community Leaders Graduate from Economic Development Program

by South Carolina Department of Commerce on November 18, 2018

The S.C. Department of Commerce (S.C. Commerce) and S.C. Economic Developers’ Association (SCEDA) today announced that 49 state and community leaders have graduated from a statewide economic development training program, the S.C. Economic Development Institute (Institute). “The Institute has long been a powerful tool in South Carolina’s economic development arsenal,” said Secretary of Commerce Bobby…

Topics: Economic Development, Featured
Economic Development, South Carolina

South Carolina Recruits $5 Billion in Business

by GroundBreak Carolinas Staff on January 30, 2018

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…

Topics: Economic Development
Economic Development, South Carolina

Business Facilities Names South Carolina 2017 State of the Year

by GroundBreak Carolinas Staff on January 4, 2018

Business Facilities magazine has recognized the Palmetto State for its economic development efforts. According to Business Facilities, South Carolina’s manufacturing growth, coupled with its diversification into new sectors landed the state in the top spot. From Business Facilities: Massive new commitments from auto giants BMW and Volvo were the drivers in a bounty of new…

Topics: Business, Economic Development
Business Facilities, South Carolina

Tidewater Boats Expanding in Lexington County, SC

by GroundBreak Carolinas Staff on January 3, 2018

Tidewater Boats, a designer and manufacturer of premier saltwater boats, is growing its Lexington County operations. To accommodate the production of larger models, the company is investing $8.3 million and creating 100 new jobs. “Our mission is to build a boat that is of great value and worthy of proud ownership. We accomplish this by…

Topics: Economic Development
South Carolina, Tidewater Boats

Study: South Carolina’s Logistics Industry has $32.9 Billion Impact

by SC Council on Competitiveness on December 6, 2017

The logistics industry cluster is one of the largest in South Carolina according to a study released by the South Carolina Council on Competitiveness. Authored by Dr. Joseph Von Nessen, the study finds that there are more than 600 logistics companies operating in the state, from transportation, to air freight providers, to warehouse and distribution…

Topics: Business, Economic Development, Transportation / Ports
Logistics, South Carolina

Metromont Expanding Greenville, SC Operations

by GroundBreak Carolinas Staff on October 18, 2017

Metromont Corporation, a manufacturer of precast concrete materials, is expanding its existing Greenville County operations. This latest $8.8 million investment is projected to create an additional 100 jobs over the next five years. Metromont is a leader and pioneer in the engineering and manufacturing of precast concrete for everything from schools, office buildings and parking…

Topics: Business, Economic Development
Metromont, South Carolina

Volvo to Double Investment in South Carolina

by GroundBreak Carolinas News Editor on September 20, 2017

According to multiple media reports, Volvo Cars is expected to double its investment at its plant in South Carolina. The new Volvo Charleston plant is still under construction, and the automaker is expected to announce that it will add a second production line. Sources familiar with the project expect Volvo’s investment in the Palmetto State…

Topics: Business, Economic Development
South Carolina, Volvo

Council for Innovation Initiatives Created by SC Commerce

by GroundBreak Carolinas Staff on August 28, 2017

The South Carolina Department of Commerce announced the creation of the Council for Innovation Initiatives. Tasked with helping the state advance the South Carolina Innovation Plan, which was published in January 2017, the council will meet quarterly with its inaugural meeting scheduled for Tuesday, August 29. Comprised of 14 members, the council will be managed…

Topics: Economic Development
Innovation, South Carolina

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