Local Data

Location & Expansion Log

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

Archive:    2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995

Downsizing

2009

Bassett Furniture Direct

December 29, 2009

Furniture retailer

The Mount Pleasant retail location will close after several years of operation.

ThyssenKrupp

October 29, 2009

Manufacture and sell steering components

Closure due to severe economic recession's impact on automotive industry, affecting 65 positions.

Force Protection

September 30, 2009

Military Armored Vehicle, Tank, and Tank Component Manufacturing

Layoff affecting approximately 120 workers due to slowdown in defense department contracts awarded

BE&K Construction

August 6, 2009

Construction firm

Layoff affecting 38 jobs

Susan Michelle Shoes & Accessories

July 27, 2009

Ladies shoes and accessories retailer

The economic recession caused Susan Michelle Shoes to close its Mount Pleasant shop, which had relocated two years prior from downtown due to high rent.

Cummins Turbo Technologies

July 25, 2009

Turbochargers and air compressors manufacturing

Layoff affecting 33 employees due to company consolidation of divisions to streamline operations

Moo Roo/Mary Norton

July 16, 2009

Luxury handbag design/retail

Mary Norton's "Moo Roo" handbag and shoe stores -- accessories which gained popularity among celebrities nationwide -- have shut down in Charleston, New York and Los Angeles due to "harsh economic circumstances" according to owner/designer Ms. Norton.

Charleston County School District

June 1, 2009

Public school system

Layoff affecting 50 workers

Trident Technical College

May 29, 2009

Technical college

Layoff affecting 28 workers

Allstate Claims Office

May 7, 2009

Insurance claims office

Allstate Insurance Co. is closing its Faber Place claims office, affecting 63 jobs locally, as part of a company-wide move to consolidate claims offices across the country to improve efficiency.

Atlanticargo

May 2, 2009

Shipping line

Niche shipping line Atlanticargo is closing its local office as part of a company wide decision to cease trans-Atlantic trade on the East Coast.

Them Furniture Co.

April 30, 2009

Furniture retailer

The Johns Island store is closing its high-end furniture operation after 55 years in business. The owners decided to retire and not to try to sell the business due to the sluggish economy. Ten jobs are affected.

Metal Trades Inc.

April 23, 2009

Sheet Metal Work Manufacturing

Layoff affecting 27 workers

Robert Bosch LLC

April 21, 2009

Automotive parts manufacturer

The global economic slowdown, which is particularly affecting industries such as automotive, has led to a layoff at Bosch's North Charleston plant affecting 225 production jobs.

Imagine-One

April 21, 2009

Military Armored Vehicle, Tank, and Tank Component Manufacturing

Layoff affecting 14 workers

Johnny's Subaru

April 7, 2009

New car dealer

Current economic challenges have led to the closing of this auto dealership. Some of the firm's 16 employees have been able to find jobs at other auto-related businesses within the same family-owned enterprise.

Boater's World

March 23, 2009

Marine supplies retailer

Ritz Camera-owned Boater's World will close three Charleston area stores as part of its national companywide bankruptcy proceedings (one west of the Ashley River, one near Daniel Island and one in Mount Pleasant). Other local sporting goods businesses and tackle shops are reportedly looking forward to the opportunity to snap up some former Boater's World customers, especially since boating season is just beginning.

The Furniture Gallery

February 18, 2009

Furniture retailer

After 15 years in business, the Johns Island Furniture Gallery announces its closure, affecting five jobs including the owner and four employees. The store's owner says the slow housing market which really took hold in 2007 is the key reason.

Prescription Center

February 16, 2009

Pharmacy

Prescription Center, a 57-year-old corner pharmacy at 107 Rutledge Ave. in downtown Charleston, will close Feb. 20, 2009. Its prescription files and remaining stock will be transferred to the CVS location at 59 George St. Not the economic downturn but an increasing trend in insurance companies' lower and delayed reimbursements is causing the establishment to cease operations, according to the owner.

The Post and Courier

February 6, 2009

Newspaper publisher

The Post and Courier's publisher announced the cutting of 25 positions due to a decline in advertising and other revenues, directly related to the current economic recession.

Johnny's Suzuki

January 24, 2009

New car dealer

Current economic conditions and the tighter lending environment were given as the reasons for this auto dealer's closing. The "Johnny's" chain has other dealerships in the Charleston region that will remain open.

Johnny's Suzuki

January 24, 2009

New car dealer

Current economic conditions and the tighter lending environment were given as reasons for closing this auto dealership. Other "Johnny's" dealerships in the Charleston region will remain open.

Circuit City

January 16, 2009

Electronics retailer

Circuit City announced it will close all of its 500+ stores nationwide after recently declaring bankruptcy. This affects two stores in the Charleston region -- Mount Pleasant and North Charleston.

Circuit City

January 16, 2009

Electronics retailer

Circuit City announced it will close all of its 500+ stores nationwide after recently declaring bankruptcy. This affects two stores in the Charleston region -- Mount Pleasant and North Charleston.

Hill-Rom

January 15, 2009

Manufacture of specialty hospital beds

Hill-Rom will cut its local workforce by 90 jobs, relocating these positions from the North Charleston plant to its Indiana headquarters. The move is part of its company-wide efforts to cut costs and maximize efficiency.

Giant Cement

January 13, 2009

Cement manufacturing

The significant decrease in demand for cement from the construction industry makes it necessary for this Summerville-based firm to cut 45 jobs from its Harleyville plant's workforce to manage its costs and remain competitive.

Old Navy - Citadel Mall Store

January 13, 2009

Retailer

Old Navy will close it Citadel Mall store but its Mount Pleasant site and two North Charleston locations will remain open in the Charleston region.

Robert Bosch LLC

January 6, 2009

Automotive parts manufacturer

Due to the declining global economy, Bosch has decided to reduce its local workforce by about 200, including 75 workers who agreed to take advantage of a "voluntary buyout."

Boathouse Restaurant

January 6, 2009

Full service restaurant

Boathouse restaurant owners will close its downtown Charleston location after ten years of business, affecting about 30 workers. Its Isle of Palms location will remain open, and a newly planned location on James Island is still set to open in February 2009.

Back To The Top