Local Data

Location & Expansion Log

Diverse companies – from startups to multinational corporations – continue to relocate and expand existing operations in the Charleston region.

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Downsizing

2004

Marcial de Gomar

November 29, 2004

Jeweler specializing in emeralds and Conch pearls.

The 1,500 square-foot store at 125 Market Street (across from the Charleston Place hotel) will close Dec. 24 after 5 years in downtown Charleston.

Carolina Nurseries

September 23, 2004

Commercial wholesaler of plants, shrubs and other nursery products

Seasonal layoff with 40 jobs affected.

Winn Dixie

September 9, 2004

Grocery chain

Closure of stores statewide; 28 jobs affected locally.

Teepak

August 16, 2004

Manufacture food/meat casings.

Closure with 81 jobs affected.

New Hope for Children

August 15, 2004

Social services for children

Closing with 61 jobs affected.

Tristan

August 2, 2004

Full service restaurant

Closure with 25 jobs affected.

CIGNA

July 7, 2004

Insurance HMO; printing and distribution facility.

CIGNA recently announced nationwide reductions of 3,000 jobs in order to consolidate operations and cut expenses. Locally, this decision means closing the printing and distribution facility in North Charleston on October 1, 2004, affecting 100 jobs. The Pennsylvania-based firm reported they would outsource printing and distribution operations going forward.

Jacobs Applied Technology

June 25, 2004

Design, engineering & fabrication of process modules.

Layoff with 100 jobs affected.

Standard Corporation

May 3, 2004

Transportation and warehousing.

Layoff with 77 jobs affected

Gateway

April 9, 2004

Retail store for computers and related products

Closure with 12 jobs affected. The company, based in the San Diego suburb of Poway, said its 188 stores will close on April 9, 2004, and workers will be dismissed as the store operations wind down. The Gateway stores will all close on the same day.

Gates Rubber

April 3, 2004

Rubber products manufacturing

Layoff with 25 jobs affected.

Recovery Technologies Group

March 31, 2004

Rubber-related recycling and manufacturing

Layoff with 10 jobs affected.

Forest Technology Group

February 2, 2004

Information technology services for forestry industry.

Parent company, MeadWestvaco of Stamford, Connecticut, announced a reduction in staff for its Charleston area based subsidiary Forest Technology Group from the current 45 to 15 by the end of 2004 as part of a two-year "productivity initiative" where it is streamlining to improve the nationwide firm's position in core businesses as well as company-wide profits.

MeadWestvaco - Forest Resources Div.

January 15, 2004

Forestry/timber management.

Stamford, Connecticut-based parent MeadWestvaco is streamlining nationally, attempting to optimize profits, and is reducing land holdings company-wide, resulting in a 45-job loss for the Summerville area's operation.

Corning Incorporated

January 13, 2004

Highly pure fused silica lens manufacturing.

Due to a changing business climate, Corning will consolidate its Goose Creek and Massachusetts operations into its much larger, more diversified operation in Canton, New York. The Goose Creek plant and its 71 jobs will be totally phased out by March 2004.

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