Ally and Crescent Communities Announce New Office Tower in Charlotte
Ally Financial Inc. (NYSE: ALLY), a leading digital financial services company, and Crescent Communities, a nationally recognized, real estate company specializing in the development of single family, multifamily and commercial/mixed use communities, today announced that they have entered into a lease agreement for a new office building that will be constructed at 601 S. Tryon…
S.C. Coordinating Council for Workforce Development Releases Manufacturing Workforce Survey
The S.C. Coordinating Council for Workforce Development (CCWD) met today to review the results of a statewide manufacturing workforce survey. Conducted by the S.C. Department of Commerce’s Division of Research, the survey provides insight into workforce issues facing the state’s manufacturing industry. More than 70 percent of the survey’s respondents had 50 or fewer employees….
American Scrappers Establishing Operation in Dillon, SC
American Scrappers is establishing operations in Dillon County with the launch of a new distribution and logistics center. The company’s $15.5 million investment is expected to create 200 new jobs. “Dillon County really does have it all: available buildings, infrastructure, talented workforce, an inland port, great logistics and a business-friendly environment. For our team, the…
NC Ranks Among Top Southeast States in Startup Funding Deals
North Carolina is a leader among Southeast U.S. states in terms of money being invested in startups, according to a new study by Atlanta-based BIP Capital. And the Research Triangle (Raleigh-Durham) area is among five regions where the level of startup funding is especially strong, “The State of Startups in the Southeast” report says. The…
What Makes North Carolina a Competitive Location for Defense and Military?
Low Cost of Doing Business: North Carolina is the best state with the lowest cost for doing drone business in the United States. It continues to attract bright and capable individuals, emerging innovative companies and new divisions of renowned defense corporations from all over the world. North Carolina also ranks #1 for lowest state and…
Collum’s Lumber Products expanding operations in Allendale County, SC
Collum’s Lumber Products, LLC, a producer of dimensional lumber and other wood products, today announced the expansion of its Allendale County manufacturing operations. Creating 10 new jobs, the company is investing $2 million to construct a new warehousing facility on the site of its existing state-of-the-art sawmill operation. “We are pleased to be able to…
North Carolina Offered Foxxconn $570 Million in Incentives
Hoping to win one of the largest economic development projects in recent years, North Carolina promised tax breaks and other incentives worth more than $570 million in an attempt to lure the Foxconn electronics plant that landed in Wisconsin. The North Carolina state documents were obtained by the Associated Press. The 20-million-square-foot plant will produce…
Volvo Cars Increasing Investment in South Carolina
Volvo Cars today announced that it is investing an additional $520 million in its Berkeley County, South Carolina operations and creating 1,910 new jobs. This new commitment adds to the company’s initial 2015 announcement and brings the collective total to more than $1 billion in investment and 3,900 jobs, respectively. “Today’s announcement not only underscores…
Advanced Manufacturer NN Inc. Moving Headquarters to Charlotte
NN Inc., an advanced manufacturer of high-precision metal and plastic components for the medical, aerospace and automotive industries, is moving its headquarters from Johnson City, Tennessee, to North Carolina, creating 200 jobs in Charlotte over the next five years. The global diversified industrial company will invest $10 million in its new headquarters. “Relocating our headquarters…
S.C. Department of Commerce Wins Grant to Support Export Assistance
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….
