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DPA announces the expansion of its MFA program, to be housed in the Zucker Family Graduate Education Center in Charleston, South Carolina.
Impresa Aerospace moves to Goose Creek. It took Smith just 90 days from his first Charleston area visit to closing a deal to acquire the 7.5-acre former Dynamic Solutions LLC campus. The site makes metal parts for Boeing Co. and other airplane manufacturers.
The Charleston Metro Chamber of Commerce (CMCC) and Charleston Regional Development Alliance (CRDA) launch strategic planning process for One Region, a planning initiative that will create a multi-year economic development, global competitiveness strategy for the three-county region (Berkeley, Charleston and Dorchester counties).
The Citadel School of Engineering will offer three new graduate degrees and 10 new graduate certificates starting in 2016. The new graduate degrees will be Master of Science degrees in civil engineering, electrical engineering and mechanical engineering.
At the 2015 Charleston Regional Alliance Development Luncheon the panel of top industry leaders were asked: What is the best business advice you've been given?
Charleston Regional Development Alliance's annual luncheon brought together many of the area's top industry leaders to improve the Tri-County economy. The meeting, held on the Trident Technical College campus, featured General Managers from Volvo and Boeing, along with CRDA Chair Anita Zucker, also CEO of The InterTech Group.
Could biomedical companies soon join blue-chip names from Boeing to Daimler, Google to Robert Bosch, in making the Charleston region their home?
Alkane Truck Company establishing new Lowcountry operations
Oct. 29, 2015
South Carolina Department of Commerce
Alkane Truck Company, an original equipment manufacturer (OEM) of commercial trucks, is establishing new Lowcountry manufacturing operations in Dorchester County. The new facility is expected to create more than 300 jobs in Summerville, S.C.
Alkane Truck Co., a Myrtle Beach manufacturer that specializes in medium-duty trucks and heavy-duty tractors that run on propane or natural gas, plans to establish operations in Summerville, the state’s Commerce Department announced Thursday.
Boeing donates $100K for education programs
Oct. 26, 2015
The Post & Courier
Boeing Co., which makes its Dreamliner commercial planes at the company’s North Charleston campus, has donated $100,000 toward programs supporting early childhood education and teachers who choose to work in high-need, mostly rural school systems.
Charleston has been ranked the No. 1 small city in the U.S. by readers of Condé Nast Traveler, edging out Santa Fe.
Clemson gets $6.7 million grant to study motor efficiency in North Charleston
Oct. 14, 2015
Charleston Regional Business Journal
Research coming out of the Clemson University Restoration Institute in North Charleston, South Carolina could yield the next generation of electric machines.
Sea Pac, LLC establishing operations in the Lowcountry
Oct. 12, 2015
South Carolina Department of Commerce
Sea Pac LLC, a company that specializes in transloading, warehousing, packaging, and logistics of plastic resins, is establishing operations in Charleston County. The $32 million investment is expected to create 50 new jobs initially and more than 200 in the next five years.
North Charleston and Charleston have seen some of the fastest economic growth in the nation, says a WalletHub study comparing 515 U.S. cities across 10 key metrics including income, population and job growth.
The threat sprawl poses to healthy growth is one reason the chamber and the Charleston Regional Development Alliance are promoting the development of taller, denser residential structures close to the region’s top employment centers whenever appropriate.
Panel: Lowcountry no longer competing just regionally
Oct. 1, 2015
Charleston Regional Business Journal
For the past five years, Lowcountry leaders have compared the region to six other Southeastern communities of similar population for economic development outcomes.
New survey data reveals the cities that are friendliest to small businesses started by young entrepreneurs.
Army Corps reviews Palmetto Railways’ new plans
Sep. 29, 2015
Charleston Regional Business Journal
The U.S. Army Corps of Engineers, Charleston District, is reviewing a new proposal from Palmetto Railways to build two connections to the existing rail network as part of its planned container facility in North Charleston.
Where world businesses want to be
Sep. 29, 2015
The Post & Courier
“World-class” is an adjective often used to describe things that are anything but. South Carolina’s No. 1 ranking in international investment, however, deserves the superlative.
Whether it’s Gothenburg, Sweden, as an executive with Volvo Cars, a stint with Ford Motor Co. near Chicago’s Lake Michigan or now, as Volvo’s vice president of purchasing and manufacturing for the Americas in the Charleston region, Fjording says she’s lucky to have lived most of her life near the oceans and waterways that inspire her.
Boeing’s latest Lowcountry investment promises to advance the aerospace giant’s products across the spectrum — from airplanes to satellites — by luring top science and engineering talent to the region, company officials said.
‘Most decisive 5 years’ on tap for Port of Charleston
Sep. 21, 2015
Charleston Regional Business Journal
S.C. State Ports Authority President and CEO Jim Newsome said the Port of Charleston has made a comeback in cargo and earnings from levels seen during the recession.
South Carolina ranked No. 1 for jobs linked to foreign investment
Sep. 15, 2015
South Carolina Department of Commerce
For the third time in the last four years, IBM-Plant Location International (IBM-PLI) has ranked South Carolina first per million inhabitants in attracting jobs through foreign investment.
Study: Port operations provide $53B to S.C. economy
Sep. 14, 2015
Charleston Regional Business Journal
Port operations in South Carolina generate $53 billion in annual economic output, of which $6.3 billion impacts the Lowcountry economy.
Charleston At A Crossroads
Sep. 10, 2015
Charleston Digital Corridor
Tonight, Charleston’s mayoral candidates meet with local technology leaders to share their views on how to address these challenges and discuss their ideas for ensuring our tech community’s continued growth. It is an opportunity for candidates to demonstrate both commitment to Mayor Riley’s legacy of economic diversification and vision for how they intend to build on that opportunity.
Area Development ranks S.C. No. 3 for doing business
Sep. 10, 2015
Columbia Regional Business Report
Area Development magazine ranks South Carolina as the No. 3 state for doing business, according to survey of site selection consultants.
Digital Corridor Expands CODEcamp Kids Program
Sep. 9, 2015
Charleston Digital Corridor
The Charleston Digital Corridor is pleased to announce that the CODEcamp Kids Summer 2015 pilot classes are being expanded to include year-round programming starting November 7, 2015.
Family Circle Cup organizers are expected to announce that carmaker Volvo will become the title sponsor for the professional women’s tennis tournament held each spring on Daniel Island, The Post and Courier has learned.
Startup Weekend helps like-minded tech entrepreneurs collide
Aug. 31, 2015
Charleston Regional Business Journal
For 54 hours over three days next month, teams of entrepreneurs and panels of judges will be working to figure out the next big ideas in Charleston.
The InterTech Group is working with the University of South Carolina to build parts that could be used on Boeing’s 787 and other aircraft through the use of three-dimensional printing, CEO Anita Zucker said Wednesday.
Although Washington state’s aerospace industry has a nearly century-long headstart, South Carolina — and the South in general — is quickly making up ground when it comes to attracting highly skilled college graduates for careers at Boeing Co. and its suppliers.
Streaming music is getting an upgrade. Geekin Radio, a new platform that loops into your favorite services, ties together social playlist curation with real-time context.
SC Ports Authority reported 2015 fiscal year-end operating earnings of $30.4 million and revenues of $196.8 million, significant increases over the previous year's financial performance.
Boeing completes steel structure for paint facility
Aug. 18, 2015
Charleston Regional Business Journal
Boeing South Carolina is one step closer to painting liveries on S.C.-built Dreamliners in the state, rather than flying them to third-party suppliers in Louisiana, California and Texas, according to Boeing spokeswoman Cheryl Harden.
A pair of “game-changing investments” has the Charleston region’s industrial property market surging, with vacancy rates declining and a slew of new construction taking place or planned to ease the current shortage of existing sites, according to a report this month from the commercial real estate firm Colliers International.
Volvo is taking about 1,600 acres of the roughly 6,800-acre tract. Peagler said state and county officials want to lure parts suppliers to the rest of the property.
From a decorative products maker to a clothing designer, 19 small businesses from the Charleston region made Inc. magazine’s annual ranking of the 5,000 fastest-growing private businesses in the U.S.
Impresa Aerospace establishing Berkeley County operations
Aug. 6, 2015
South Carolina Department of Commerce
Impresa Aerospace, a leading manufacturer in the aerospace industry, has acquired Dynamic Solutions and its existing Lowcountry manufacturing facility, effectively establishing Impresa’s first South Carolina operations in Berkeley County. Through its multi-million dollar investment, Impresa is expected to create 72 new jobs in Goose Creek, S.C. over the next five years.
Gerber Childrenswear is building a large distribution center in Berkeley County that will import clothing and other merchandise through Charleston before sending it to retail stores and mail-order customers throughout the United States, the company said Wednesday.
Charleston’s high-tech future
Jul. 30, 2015
The Post & Courier
It’s not on the same level as Silicon Valley just yet, but Charleston’s burgeoning tech sector — sometimes referred to as Silicon Harbor — is growing faster than just about anywhere else in the country.
MUSC named top hospital in state
Jul. 21, 2015
Medical University of South Carolina
MUSC was named by U.S. News & World Report as one of the country's best hospitals in the treatment of ear, nose and throat (ENT) disorders, as well as the No.1 hospital in South Carolina.
Even as the State Ports Authority celebrates a near-record year for cargo, a soon-to-start harbor-deepening project and above-average growth, trends beyond the agency’s control are helping to shape its future, for good and bad.
DIG SOUTH functions as a showcase for Charleston as a top location for startups to launch new products, platforms, and services. Over 35 venture capital firms (managing more than $3 billion in funds combined) attended the event seeking investment opportunities. Represented companies included AOL co-founder Steve Case's Revolution Fund, Silicon Valley's BlueRun, Core Capital Partners, Comerica, and Boston Millennia Partners.
Charleston is part of a global community
Jul. 13, 2015
Charleston Currents
Charleston was in the world’s eye. The picture of love and unity in a Southern U.S. city is not a façade. It is deep in our spirit. This light shines out into the world. This makes us truly a global community!
More banks looking to build in Charleston
Jul. 9, 2015
SNL Financial
Charleston, S.C., has emerged as a growth market in the South over the last few years, and banks, including those with little to no operations in the city, are starting to take notice.
Tech schools responding to workforce needs
Jul. 3, 2015
Statehouse Report
Part of what makes South Carolina so attractive to businesses is how the state’s technical colleges are able to provide a highly-skilled workforce quickly, state officials say. Dr. James C. Williamson, system president of the S.C. Technical College System, notes that the administration of Gov. Nikki Haley has been “extremely successful” with bringing new business to the state, such as Continental Tire and Volvo.
U.S. Army Corps of Engineers allocates $1.303 Million in federal funding for post-45 harbor deepening project.
The proposal to deepen Charleston’s harbor from 45 to 52 feet was unanimously approved by The Army Corps of Engineers’ Civil Works Review Board in Washington, D.C. “Once deepening to 52 feet is realized, Charleston will offer the deepest harbor on the U.S.’s East Coast.”
The mid-April decision by one prominent union to drop plans to organize 2,400 eligible workers at Boeing’s North Charleston plant could be the best advertisement for attracting additional aerospace business to the State of South Carolina. Becky Ford, Director, Business Development Programs for the Charleston Regional Development Alliance (CRDA) recalled hosting two aerospace companies at the time the International Association of Machinists and Aerospace Workers (IAMAW) withdrew its initial plans to hold a union election the Boeing plant.
Boeing S.C. preps plant for 787-10 production
Jun. 11, 2015
Charleston Regional Business Journal
Boeing South Carolina has been prepping its 787 Dreamliner campus in North Charleston for 787-10 Dreamliner production, according to Larry Loftis, vice president and general manager of the 787 program.
The Charleston Metro Chamber of Commerce youth apprenticeship program pairs high school students with businesses where they get paid on-the-job training while taking relevant courses at Trident Technical College.
In a heavily cloistered complex on the old Charleston Naval Weapons Station here, young engineers, mathematicians, analysts and technicians are keeping watch on the world. From battling terrorist hackers, monitoring combatant countries or installing the technology to launch an “end-of-the-world” nuclear missile strike, the Space and Naval Warfare Systems Center Atlantic – or SPAWAR – is the Navy’s first line of defense in the increasingly dangerous realm of cyberwar.
The twists and turns of steering Volvo toward S.C.
Jun. 3, 2015
Charleston Regional Business Journal
Volvo plans to invest $500 million in building its car plant at the Camp Hall Tract in Berkeley County. The company expects to produce 100,000 cars a year once it begins production in 2018.
The CEO of Volvo Cars of North America said Thursday that infrastructure, a business-friendly climate and a capable workforce were reasons Volvo selected South Carolina over 60 sites nationwide for its first North American assembly plant.
In addition to auto manufacturers, the southeast is attractive to some of the biggest names in aviation, including Boeing Co. in Charleston, SC...The class A industrial vacancy rate in Charleston right now is roughly 2.7%.
The steel-frame structure going up at the Boeing campus along International Boulevard is imposing enough, but nowhere near what the company’s Dreamliner paint facility will look like when construction wraps up sometime in late 2016.
Geely is now globalizing their production plans, opening up a plant in US. Interestingly, not in Detroit, not in Michigan, not on the West coast, but in South Carolina, near the port of Charleston.
Last week’s decision by Volvo Cars to build its first U.S. plant in Berkeley County will further boost the state’s standing to $4.8 billion in annual economic output, according to credit-rating firm Moody’s Investors Service.
Charleston Open Source website aims to connect talent to tech jobs
May 18, 2015
Charleston Regional Business Journal
Charleston Open Source, a new website and talent recruitment initiative, want to ensure options for tech professionals looking to relocate to the Charleston region. They hope the site will provide information to job seekers and address the area’s skills gap by connecting talented workers with open positions at Charleston’s tech companies.
Dig South gives Southeast startup scene a national boost
May 12, 2015
Charleston Regional Business Journal
The 2015 Dig Conference in late April and early May had 1,470 registered attendees, up 30% from 450 registered attendees in 2013. And these figures don’t include several thousand people who attended free events such as the space walk tour of local tech firms and the nightly concerts.
Academic Magnet High School is ranked seventh best in the nation in the 2015 U.S. News & World Report’s Best High School Rankings. The school is listed as the best in the state.
And that’s a wrap! The swing of the Rise of the Rest tour through Richmond, Raleigh-Durham, Charleston, Atlanta, and New Orleans gave us a new perspective on the emerging entrepreneurial hotbeds of the American South.
Volvo Cars selects South Carolina for first American plant $500 million Berkeley County automotive factory to create up to 4,000 jobs
Volvo Cars announced Monday morning that it has chosen Berkeley County as the home for its first American factory.
The Zucker Family Graduation Education Center, which opens in the fall of 2016, will give students the opportunity to pursue a doctorate in computer science or a Master of Fine Arts in digital production arts — the first degree programs of their kind available in the Lowcountry.
Increased efficiency and ramped-up production at Boeing Co.’s North Charleston campus will let the aerospace giant shut down its temporary 787 assembly line near Seattle months ahead of schedule, a company official said Friday.
Charleston is considered the fastest growing port in North America, coming in with an overall ranking of No. 7, when considering all factors.
David Ginn, President & CEO of the Charleston Regional Development Alliance (CRDA), has been named one of the nation’s top 50 economic developers by site selection consultants in a recent survey conducted by Consultant Connect, a program that bridges the gap between top economic developers and site selectors.
It’s a lot like Southern California in a lot of respects, but it has that ever-present aspect of Southern hospitality you find on the West Coast. And with that mentality comes a community of individuals who will go out of their way to say hello, offer a helping hand, or…become your technical cofounder?
The idea behind Charleston Open Source isn’t about competition for technology talent, even though the employers involved in it might be looking for workers with similar skills and backgrounds.
Potential benefits and challenges to owning a small business in Charleston, as well as some important local resources.
Charleston Women in Tech founder attends White House Tech Meetup
Apr. 21, 2015
Charleston Regional Business Journal
Charleston Women in Tech was invited to the inaugural White House Tech Meetup on Friday to discuss best practices, youth engagement and diversification efforts within the tech industry.
Two Charleston-based technology startups will be competing with other early-stage companies from around the Southeast in a business pitch contest.
On Friday, April 17 the White House, will host local leaders from across our "Innovation Nation" at the first-ever White House Tech Meetup, including Charleston Women in Tech.
A Charleston drug company that specializes in treating skin conditions has been sold to a Canadian business itching to expand into the U.S. market.
A Charleston medical company has been selected to join a SCRA Technology Ventures program that offers support to emerging businesses.
The Columbus Street Terminal, primarily the export base for BMW automobiles headed overseas, could become the home for new container cargo operations under a plan the State Ports Authority’s board of directors heard Wednesday.
Charleston | SC | USA ranked in the top 10 for fDi Magazine’s Global Cities of the Future for 2015/16, in the category of Small American Cities for FDI Strategy.
The Lowcountry Graduate Center (LGC) is pleased to announce a partnership with SME’s Greater Charleston Chapter 430 and the SME student chapter at Clemson University.
A pharmaceutical company is transferring its library of 100,000 drug compounds to the Medical University of South Carolina, kicking off a collaborative venture that organizers hope will lead to new discoveries.
Starting your company in a smaller city has big advantages. Check out eight big benefits to launching your startup in a smaller city.
In the tri-county Charleston metro area, the population grew by an estimated 1,300 people each month between the summers of 2013 and 2014, the bureau estimated.
Charleston vaulted 10 posts from last year to become the No. 3 U.S. travel destination, according to TripAdvisor’s latest Traveler’s Choice awards.
Collaboration key to technology growth, industry leaders say
Mar. 18, 2015
Charleston Regional Business Journal
Bobby Hitt understands South Carolina’s technology movement. The Commerce Department secretary sees it every day in his own family, with his youngest son working in the coding field.
Boeing delivers first S.C.-built 787-9
Mar. 17, 2015
Charleston Regional Business Journal
In a milestone for Boeing South Carolina, local employees have delivered the first North Charleston-assembled 787-9 Dreamliner to United Airlines.
College of Charleston MBA ranks high for graduates finding jobs
Mar. 12, 2015
Charleston Regional Business Journal
The College of Charleston’s MBA program ranked third in the country for the highest percentage of graduates who find a job, according to data from U.S. News and World Report.
South Carolina launches business support program for in-state defense firms
Mar. 11, 2015
South Carolina Department of Commerce
The State of South Carolina is launching a new program aimed at helping defense-related businesses in the state broaden into new markets and position for future success.
More than 100 students from the Charleston area are visiting the high-tech Navy site known as SPAWAR this week to learn firsthand about state-of-the-art robotics.
Charleston is the place to call home
Mar. 11, 2015
The Post & Courier
Home sales volume in the Charleston region crept into four-digit territory last month, the first time it’s done so in February in nine years.
Mercedes-Benz Vans, a division of Daimler, announced today plans to invest around half a billion dollars to establish a new, full van manufacturing plant in Charleston County. The new production plant in North Charleston, S.C. will supply the North American market with the next-generation Sprinter, creating 1,300 new jobs over the next several years.
Brookings listed the Charleston region in the top 20 metropolitan areas for VC “first fundings”.
Washington aerospace supplier opens facility in North Charleston
Mar. 5, 2015
Charleston Regional Business Journal
A Washington-based aerospace supplier has opened its North Charleston facility to assemble parts for the 787 Dreamliners made at Boeing South Carolina.
The Charleston region will continue to flourish through 2016 with all economic indicators moving in a positive direction.
One of Washington state's top-tier aerospace suppliers has opened an operation in South Carolina, reflecting the growing stability of 787 Dreamliner production in the state.
While it would seem technology is on its way to replacing traditional call centers, one Wales-based company that’s setting up shop in the Charleston area says demand is soaring for its answering service that’s run by actual human beings rather than automated computers.
Telephone answering specialist Moneypenny has topped off a remarkable week by scooping 4th position in the Sunday Times’ list of the best `mid-sized’ companies to work for in the UK.
AMT Senior Aerospace — a key supplier of parts for Boeing Co.’s Dreamliner program — has joined this area’s growing aerospace cluster with an assembly facility in the Crosspoint section of Palmetto Commerce Park in North Charleston.
The Medical University of South Carolina is looking to build a $40 million pediatric medical campus in North Charleston, according to documents filed with the city.
Moneypenny establishing its first U.S. operations in Charleston County
Feb. 24, 2015
South Carolina Department of Commerce
Moneypenny, a market-leading telephone answering service, is establishing its first U.S. operations in Charleston County. The $760,000 investment is expected to result in approximately 40 new jobs in North Charleston, S.C. by the end of 2016, with long-term plans to employ approximately 400 workers at the facility within the next five years.
Angel investor network launches in Charleston
Feb. 23, 2015
Charleston Regional Business Journal
A new investor network looking to invest capital and expertise in early stage ventures has launched in Charleston.
The Charleston area’s growing aerospace cluster, led by Dreamliner maker Boeing Co., is creating a “knowledge economy” that’s boosting employment and wages across the board at a level much higher than the rest of South Carolina, according to economists and employment numbers.
Charleston International Airport, the Air Force Base and Boeing Co., upper left, pump $13.9 billion into the region’s economy and support more than 51,000 jobs, according to a new study from the Charleston Metro Chamber of Commerce’s Center for Business Research.
The Charleston Regional SeaPerch competition was held Thursday at Danny Jones Pool in North Charleston. The competition included area middle and high school students who built underwater robots that navigated obstacle courses against a clock.
Boeing opens propulsion systems facility in South Carolina
Feb. 18, 2015
Aerospace Manufacturing and Design
North Charleston, South Carolina – Boeing has opened its new propulsion engineering and assembly facility in North Charleston.
Southwest Airlines will add Saturday service from Charleston International Airport to Dallas Love Field beginning April 11.
Last week Brookings released new research defining the U.S. “advanced industries” sector and showing how heavily the future prosperity of U.S. regions and the nation depends on this list of 50 R&D- and STEM-worker intensive industries. The Charleston metro ranked 18th for where advanced industries employ the biggest share of the workforce.
For the first time, economic development groups from South Carolina and Florida were among the sponsors for the Pacific Northwest Aerospace Alliance conference.
A ribbon-cutting ceremony is being held today for the opening of the Boeing Propulsion South Carolina plant that will support the 737 MAX.
Even as Boeing opened a large new propulsion plant in South Carolina on Wednesday, the aeronautics giant announced the facility has already been assigned additional work.
Boeing continues to be successful in Charleston | South Carolina | USA and grow the aerospace-based economic cluster in the region.
This Southern charmer is currently the hippest city in the US. Known for its history and graceful architecture, a hipster influx in recent years has seen it become one of the most food-minded of them all. The South Carolina favourite has topped the US city poll at travel magazine Conde Nast Traveller. And it’s Bill Murray’s home town. Need we say more?
76 businesses qualify for investment under state’s ‘High Growth’ Act
Feb. 5, 2015
Charleston Regional Business Journal
Since the inception of the High Growth Small Business Job Creation Act, 76 businesses that meet the law’s guidelines have registered with the S.C. Secretary of State’s office.
Silver Airways will launch service in March between Charleston International and Tampa, Orlando and Fort Lauderdale, Fla.
The 70,000-square-foot Zucker Family Graduate Education Center is scheduled to be completed by fall 2016.
Looking at other cities’ growth in 2014, it appears Charleston’s overall economy has gone from a galloping pace to a light jog for the first time in four years.
Charleston, South Carolina ranked #11 on Forbes' Top 25 retirement cities.
Charleston is home, workplace and inspiration to more than 700,000 voices, talents, passions and ideas. International commerce has been a key economic driver since 1670. With 17,200 jobs supplied by foreign-owned establishments, Charleston has become a magnet for European companies over the past 20 years.
Showa Denko Carbon, Inc., a U.S. subsidiary of Showa Denko K.K., has increased the capacity of its graphite electrode plant at Ridgeville, South Carolina, by 70%, investing $300 million (approx. \35 billion). The company will meet growing demand in emerging markets, including Latin and South America.
Boeing South Carolina begins final assembly of its first 787-9
Dec. 1, 2014
Aerospace Manufacturing and Design
North Charleston site joins Everett, Washington, team in building newest 787 Dreamliner.
Zapp Precision Wire, Inc. expanding Dorchester County manufacturing facility
Nov. 20, 2014
South Carolina Department of Commerce
Zapp Precision Wire, Inc., a manufacturer of stainless steel, nickel alloys and titanium wire is expanding its operations in Dorchester County. The company will be investing $30 million in the expansion, adding an expected 20 new jobs in Summerville, S.C.
Dock workers at the Port of Charleston handled the equivalent of 164,672 20-foot-long shipping containers in October, up 17 percent from the same month last year.
A waterline slated to be built soon in upper Dorchester County could be a game-changer for economic development in the region, according to the County Council chairman.
The G6 consortium of ocean carriers recently announced the addition of Charleston to a major US East Coast/North Europe service, further increasing the frequency of weekly post-Panamax vessel calls to the Port of Charleston.
Offshore wind technology energizes South Carolina researchers
Nov. 11, 2014
McClatchy Washington Bureau
Steady wind patterns from the Atlantic Ocean have long inspired hopes of wind turbines dotting the East Coast. Now South Carolina and other Eastern states are exploring the idea with task forces and studies.
Intertex Transloading Services, Inc. establishes Berkeley County facility
Oct. 29, 2014
South Carolina Department of Commerce
A company specializing in the distribution of synthetic rubber, carbon black and process oils is opening a facility in Berkeley County. Intertex World Resources, Inc. is investing $3.2 million to establish Intertex Transloading Services, Inc. in Moncks Corner, S.C. The investment is expected to create 10 local jobs.
Today the SC Ports Authority received the first ship call of a new consolidated East Coast South America service that brings additional post-Panamax vessels to Charleston.
In its 11th Annual Wage & Job Growth Survey, the Charleston Digital Corridor is pleased to report an average wage of $70,084 for participating local knowledge-based companies. Beyond the strong wage number, 89% of these companies reported hiring staff in 2014.
Showa Denko celebrates major expansion
Oct. 15, 2014
The Summerville Journal Scene
More than 200 gathered on Oct. 10 to celebrate a major expansion at Showa Denko Carbon, LLC, in Ridgeville.
Profile of the Charleston | SC | USA Aerospace Cluster
Oct. 14, 2014
Aerospace Manufacturing and Design
The Charleston tri-county region (Berkeley, Charleston, and Dorchester) has the highest concentration of aerospace employment of any of the eight regions in the state.
French high-voltage cablemaker Nexans officially opened an $85 million facility on the Cooper River in Berkeley County in Bushy Park Industrial Complex on Wednesday, while Japan-based Showa Denko Carbon on Friday celebrated a $300 million expansion of its 31-year-old factory near Ridgeville in Dorchester County.
Nexans hopes to double capacity at high-voltage plant
Oct. 9, 2014
Charleston Regional Business Journal
Nexans produces high-voltage power cables that are used underground and under the sea. The Bushy Park location has rail, barge and truck access, which will help the company distribute the tons of high-voltage cabling to customers on gigantic steel spools.
USA Today video covers Boeing's Charleston expansion of the new Research and Technology Center focused on advanced manufacturing technology and composite fuselage manufacturing.
Boeing to open R&D Center by the end of the year
Sep. 23, 2014
Charleston Regional Business Journal
The Boeing Co. has confirmed its lease agreement for 100,000 square feet of office and lab space for a new research and technology center in North Charleston.
Magazine ranks S.C. No. 3 to do business
Sep. 16, 2014
Columbia Regional Business Report
Area Development, a publication covering site selection and facility planning, ranked South Carolina No. 3 in its “2014 Top States for Doing Business” survey of leading location consultants. Neighboring Georgia claimed first place while Texas finished second in the rankings. South Carolina was followed by Alabama, Tennessee, Louisiana, Indiana, North Carolina, Ohio, and Mississippi, in that order.
TorqTek Design and Manufacturing expanding Charleston County facility
Sep. 9, 2014
South Carolina Department of Commerce
TorqTek Design and Manufacturing, LLC, a supplier of timing gears to automotive manufacturers, is expanding its North Charleston facility. The $12 million investment is expected to create 50 new jobs.
As numbers go, this is a good one. Since 2007 Charleston, S.C. has seen a 300% increase in aerospace jobs. The annual economic impact is between $17.4 billion and $22. 5 billion. There are 17,114 people working at 466 private aerospace firms. The largest employer is Boeing at 8,267.
Charleston, S.C., was named the friendliest city and recognized for its culture, history, natural beauty, and food scene, the magazine said in its 2014 Readers' Choice Awards. Charleston earned top honors last year as well.
Boeing to build 787-10 in North Charleston
Jul. 30, 2014
The Post & Courier
Boeing Co. will build the 787-10 Dreamliner exclusively at its non-unionized plant in North Charleston, the Chicago-based aerospace giant announced Wednesday.
SpecChem to open manufacturing facility in Dorchester County
Jul. 30, 2014
South Carolina Department of Commerce
SpecChem to open manufacturing facility in Dorchester County with a $5.5 million investment expected to create 50 new jobs.
Summerville boat builder to add 150 jobs
Jul. 18, 2014
The Post & Courier
Sportsman Boats Manufacturing will more than double the size of its facility and create 150 jobs to support its saltwater fishing boat line in Dorchester County.
Senior Aerospace AMT to open satellite operations in Charleston County
Jul. 10, 2014
South Carolina Department of Commerce
Senior Aerospace AMT, a manufacturer of structural parts for leading original equipment manufacturers (OEMs) in the large commercial jet market, will be opening satellite operations in Charleston County, creating 60 new skilled jobs.
JBE Inc. to expand into Berkeley County
Jun. 24, 2014
South Carolina Department of Commerce
JBE, Inc., a supplier to the automotive, aerospace, and industrial electrical industries, today announced its decision to expand into the city of Hanahan in Berkeley County. The investment is expected to create approximately 20 new jobs in the region.
New World Pharmaceuticals, LLC, a privately-held specialty pharmaceutical company, and sister company New World Consumer Products, LLC, a producer of scientifically-advanced products and supplements, announced today they will be locating their headquarters in Charleston County. The companies expect to invest more than $21 million and create more than 38 new jobs over the next five years.
Area Development analyzes economic and workforce data for 379 MSAs, producing a snapshot of the cities across America that are poised to capitalize on the new potential for economic growth as the United States leaves the recession behind. The Charleston region ranked 22nd among the 379 MSAs in the US and 3rd in the Southeast.
Pacific Rim Aerospace opens Charleston County office
May 28, 2014
South Carolina Department of Commerce
Pacific Rim Aerospace (PacRim), a provider of solutions for aerospace engineering applications, has established an office in Charleston County, allowing for more direct support of its customers in the growing aerospace sector of the Southeast region. PacRim expects to create at least 100 jobs in the area in the coming years.
Angel investment tax credits go unused
May 20, 2014
GSA Business
The S.C. Department of Revenue approved 15% of $5 million in available income tax credits for angel investors who invested in S.C. small businesses. Of the $769,000 awarded in the past year, Charleston county has accounted for 3 received and approved applications totaling $105,000.
Focus on education is essential in building the workforce needed for the growing Charleston region. A higher education subcommittee on Wednesday unanimously approved the measure to establish the University of Charleston as a means of meeting the technical needs of a changing economy.
Scout Boats Inc. to create 300 jobs with Dorchester County facility expansion
May 13, 2014
South Carolina Department of Commerce
Scout Boats Inc., a manufacturer of sport fishing boats, is expanding its Dorchester County facility in response to increased customer demand - both domestically and overseas. The company's $2.5 million investment is expected to create 300 jobs.
Aeterna Zentaris selects Charleston County for new US operations
May 5, 2014
South Carolina Department of Commerce
Aeterna Zentaris Inc., a specialty biopharmaceutical company developing novel treatments in oncology and endocrinology, has selected Charleston County for the company's newest North American business and global commercial operations. The $1 million investment is expected to create 60 new jobs.
The Charleston Regional Development Alliance (CRDA) is pleased to welcome Michael J. Graney as the organization’s new Vice President, Global Business Development and Kayla Boyter as the new Marketing Services Manager.
Charleston now teems with college-educated young people, 20- and 30-somethings who have come for the jobs and stayed for the lifestyle. New bars and restaurants seem to open weekly. Average commute times hover around 10 minutes. At the gas station on the way home, you can fill your growler with craft-brewed beer. This is a new kind of city, born of deep demographic shifts and the power of technology. Where traditional college towns have long attracted young people who get an education and then leave, another kind of town is emerging: the post-college town.
Take a look at how Charleston businesses are putting a spin on the boring old cubicle and creating a swanky office space environment. Featured companies include: BoomTownROI, Blue Ion, PeopleMatter, Fuzzco, Charleston Digital Corridor, Blackbaud and SIB Development & Consulting.
It’s safe to say we’re in the midst of a global real estate bull market. Which means that now is the time to consider purchasing a pied-a-terre in Paris or Monaco, or maybe a row house in Charleston or a condo in Los Angeles. Alexa Luxe Living scoured the planet for the hottest markets for New York buyers, and found 20 destinations heating up the globe.
A big Fortune 500 business is adding some lift to the region's aviation industry. Textron Inc. announced a new corporate identity for its Berkeley County unit after combining it with two recently acquired companies: Mechtronix Inc. of Montreal and Opinicus Corp of Lutz, Fla. The new name is TRU Simulation + Training Inc. The business is expected to generate annual revenue of more than $100 million.
Aerospace companies are taking a cue from the auto industry and moving their manufacturing operations to Southern states. Between 2007 to 2012, aerospace jobs in South Carolina jumped by more than 600 percent over that time period, from 865 workers to 5,685 workers.
A new transportation spending plan for the three-county Charleston region will address capacity improvements, and includes not-yet-designed improvements at interchanges, as well as re-configuring of on- and off-ramps for I-526.
Boeing supplier, Kaman Engineering Services, announced it is opening a new office in the Charleston region at the Clemson University Restoration Institute in North Charleston.
Boeing engineers shared their experiences with 8th grade students on Wednesday. Students learned what an engineer does, examples of engineering and the rewards a career in the field can bring.
More than half the adults who moved to Charleston from other states in recent years were college graduates, helping boost the region's rate of educational attainment well above the state and national averages.
Led by several Charleston area firms, South Carolina hauled in $3.35 billion in capital investments from industry in 2013, an amount that eventually will translate into 12,832 new jobs for the Palmetto State.
The Citadel is now accepting applications for the college’s new Bachelor of Science in Mechanical Engineering program. The courses will begin in the summer of 2014 with focused tracks in power and energy, manufacturing, aeronautical systems, materials (composites), and mechatronics.
Economists: S.C. moving toward expansion
Jan. 14, 2014
Charleston Regional Business Journal
Charleston's housing market and economy are on the rise.
Bullish construction activity, new jobs and higher wages are expected to grow the Charleston region's economy in 2014, mirroring - and even surpassing - projections for South Carolina as a whole.
German-based FEV will set up shop in Clemson's University's Restoration Institute.
Economic scorecard gives roadmap to prosperity
Nov. 25, 2013
Charleston Regional Business Journal
Regional Economic Scorecard gives a roadmap for economic prosperity in Charleston, SC.
The university dedicated the 82,000-square-foot building, named the SCE&G Energy Innovation Center, a project that has been in the works for four years. SCE&G supported the center with a $3.5 million gift.
The South Carolina Lowcountry’s primary provider of electricity, together with the nation’s largest utility, joined Clemson University Thursday to dedicate the world’s most-advanced energy systems testing and research center.
A Germany-based automotive supplier will set up shop later this month at Clemson University Restoration Institute in North Charleston, creating seven jobs initially.
Entrepreneur says Charleston’s No. 1 need is talent
Nov. 7, 2013
Charleston Regional Business Journal
Innovation Expert Robert Tercek gives the keynote at the CRDA Annual Luncheon.
CRDA honors leadership that led to airport property
Nov. 7, 2013
Charleston Regional Business Journal
The Charleston Regional Development Alliance honored the legacy of the man who helped secure land surrounding Charleston’s airport, which paved the way for Boeing to enter South Carolina, during an event Wednesday.
Engineers from South Carolina, four other states and Russia will handle detailed design work on Boeing’s new 777X passenger jet, not those in Washington state where technical experts have helped design the company’s aircraft for decades.
Drive shaft maker IFA Rotorion will expand and add more jobs at its plant in Palmetto Commerce Park in North Charleston.
Latest investment to expedite product development, grow sales and marketing, and expand internationally
$2.7 million investment expected to create 117 new jobs
Boeing said it expects to meet its goal of delivering 60 Dreamliner 787s this year. These Dreamliners are waiting to be picked up from the North Charleston final assembly plant.
Charleston best place for Boeing 777X by 2020, says analyst
Oct. 23, 2013
Puget Sound Business Journal
Everett might be the best place to build the 777X now, but that could change by 2020, when the first of Boeing’s newest aircraft are expected to be rolling off the assembly line.
Charleston is #1 of Top 10 Cities in the United States
Oct. 15, 2013
Condé Nast Traveler
With "sand, sun, history, good food, and friendly people," Charleston is a consistent hit with the travelers who venture to this "gracious and beautiful" city (in fact, it's taken first place our list of Top 10 Cities in the United States for three years now and been rated as the friendliest). Nearby beaches and impressive architecture draw visitors, but it's the "insanely nice" locals who enhance "magnificent" bed and breakfasts and "amazing shopping." "The charm of this city brings me back every year," praised one devoted fan. "The food, history, architecture and people are wonderful," said one reader. "A bucket list city!"
Oct. 15, 2013
Charleston Area Convention & Visitors Bureau
South Carolina’s Historic Coastal Destination Named #1 U.S. City by Condé Nast Traveler Readers’ Choice Awards for Third Consecutive Year
Charleston named No. 1 destination for third year
Oct. 15, 2013
Charleston Regional Business Journal
Charleston is ranked the No. 1 U.S. city for travel destination for the third-consecutive year, Condé Nast Traveler announced today.
WASHINGTON, DC – The Berkeley-Charleston-Dorchester Council of Governments, located in North Charleston, South Carolina accepted a 2013 Innovation Award from the National Association of Development Organizations (NADO) Research Foundation on behalf of the Charleston Regional Competitiveness Center (CRCC).
Two mammoth pieces of equipment are arriving at what will be the world's largest wind turbine testing facility.
Region’s economy trending up; challenges remain
Oct. 3, 2013
Charleston Regional Business Journal
Duke Energy has donated $5 million to Clemson University to help fund programs at the school’s Restoration Institute in North Charleston.
Daimler Vans to expand in North Charleston
Sep. 12, 2013
The Post & Courier
Daimler Vans Manufacturing today announced that it will expand its existing facility in Charleston County in a $4.6 million investment that will create at least 60 new jobs.
The Perfect Storm in Aerospace Manufacturing
Sep. 4, 2013
Area Development
Increasing global demand, constrained capacity, and labor scarcity are changing the geography of high-tech manufacturing.
Clemson University's two research centers ICAR (automotive) and CURI (energy systems) are attracting global attention. More than half of CU-ICAR’s students come from other nations, while 80 percent of all wind turbine manufacturers in the world sit on the Restoration Institute’s advisory board.
Inc. 500 List of America’s Fastest Growing Companies Includes SPARC, BoomTown, Blue Acorn and Omatic Software.
SAIC nabs contract worth up to $900M
Aug. 14, 2013
Charleston Regional Business Journal
SAIC nabs cyberoperations shared contract worth up to $900 millionl, partnering with SSC Atlantic.
South Carolina recently received a No. 10 ranking in Site Selection magazine’s annual measure of state-by-state competitiveness.
South Carolina in general, and its Upstate region in particular, has a long-held reputation for success in attracting foreign investment. A recent ranking shows that an Upstate city is maintaining that reputation.
Sportsman Boats Manufacturing plans to expand its current operations in Dorchester County, South Carolina, with a move to a larger facility at 113 Isaac Way that will give the company 72,600 square feet of space. The $2.35 million investment is expected to generate 50 new jobs within the next five years and allow the company to add new boat models.
Weber Automotive, a German manufacturer of vehicle components, is establishing a new manufacturing business in North Charleston, Gov. Nikki Haley’s office said today.
Washington’s edge, its century of aerospace experience, is increasingly dulled by the South’s growing skill in crafting advanced engines and carbon composite aircraft structures — often borrowing these techniques from the nearby auto plants that are pumping out $60,000 BMWs and other high-tech vehicles. Even Boeing’s latest and largest new version of the Dreamliner — the 787-10 — looks likely to be built in South Carolina, the state where Boeing’s fastest-growing factory complex covers 240 acres in the Charleston-area.
Boeing SC delivers Chinese airline its first 787
Jul. 4, 2013
Charleston Post and Courier
Boeing South Carolina’s third customer will fly away Friday morning with its first 787 Dreamliner.Hainan Airlines, China’s fourth-largest airline, took delivery of its inaugural 787 Thursday and, after a ceremony at the North Charleston delivery center, will leave for Asia. It will cap a busy holiday week for the local plane-making plant, which on Tuesday delivered its first 787 to China Southern Airlines, Asia’s biggest airline by fleet size.Boeing announced the handover to Hainan, the 13th airline to get a Dreamliner, early Thursday morning.
Consulting firm suggests focusing on aerospace recruitment
Jul. 3, 2013
Charleston Regional Business Journal
An Austin-based consulting firm has suggested putting an immediate focus on attracting, retaining and starting aerospace companies in the Lowcountry.
A Dorchester County boat maker is investing $2.35 million and adding 50 jobs as it expands and moves to a bigger factory, the S.C. Commerce Department said today.
Boeing South Carolina has delivered its first 787 Dreamliner to an airline not named Air India.
The mission to Paris fit in 81 meetings, with companies and aerospace organizations, at less cost to taxpayers than previous years.
In 2009, Boeing decided to build the massive final assembly building in North Charleston because the original 787 factory in Everett, Wash. didn’t have enough capacity to keep pace with the record demand for the new jet.
Boeing has elected to build key elements of the engine nacelle for the 737 MAX at its recently developed 787 assembly line in North Charleston, South Carolina, as part of a continuing effort to expand its commercial aircraft footprint beyond its home state of Washington.
The percentage of jobs in the Charleston metropolitan area that require science, technology, engineering or math knowledge is above the national average, according to a study published today by a prominent Washington think tank.
Boeing Disperses Design, Engineering Work
Jun. 11, 2013
Aviation Week
Boeing has elected to build key elements of the engine nacelle for the 737 MAX at its recently developed 787 assembly line in North Charleston, S.C., as part of a continuing effort to expand its commercial aircraft footprint beyond its home state of Washington.
Boeing Co. is seeking a new local factory to house engineers and assembly workers for the 737 MAX work is bringing to the Lowcountry.
The Charleston Regional Competitiveness Center website, built on Avalanche's Headlight software platform, won this year's C2ER Community and Economic Research Award for "Outstanding Achievement and Excellence in Data Collection/ Dissemination Efforts."
SKF Group is investing in a new production line to make specialized high-precision bearings at its North Charleston factory rather than import them from abroad.
Talk of the future resounds at Boeing S.C.
May 13, 2013
The Post & Courier
Boeing’s general counsel and a part-time Kiawah Island resident, articulated what many outside the company have suspected about its long-term plans for the Lowcountry. “As we lay the foundation for Phase 2, does anyone doubt there will be a Phase 3 and Phase 4 ... ?” the former federal judge asked. “I have it on video that you said Phase 3, 4 and 5,” she said to Luttig. “So it’s not a matter of if, it’s a matter of when.” “So I’ll send you that video often,” the governor, a vocal Boeing backer, joked.
South Carolina, Israel team up to fund high tech
May 7, 2013
The Post & Courier
The S.C. Research Authority and a government agency in Israel each have set aside $1 million to invest in high-tech collaborations between Palmetto State and Israeli companies over the next two years.
What Charleston, South Carolina can teach the rest of us about hospitality and the art of creating a comfortable working environment.
"My hope is that we can be an inspiration for future entrepreneurs, that you can build a big legitimate business here in Charleston from a startup with three guys in a one-room office to now, we've got 150 team members here." —PeopleMatter CEO Nate DaPore
Boeing Co. investing another $1B, creating 2,000 jobs in S.C.
Apr. 9, 2013
Charleston Regional Business Journal
The Boeing Co. is bringing 2,000 more jobs and another $1 billion in investments to South Carolina.
Boeing is investing over $1 billion to expand its North Charleston facilities at the Charleston International airport.
Local Colleges Make Big Impact
Apr. 5, 2013
The Post & Courier
The Charleston region’s main colleges and universities do more than confer degrees and certificates. And the Charleston Regional Development Alliance thinks what they do is a story worth touting. So the organization, whose mission is to foster economic growth in the tri-county region, engaged an independent economic analysis and public policy consulting firm to measure the impact of colleges on the area.
Dig South April 12-14 CofC TD Arena and various locations downtown "There's great energy around this knowledge economy, and I feel like Charleston is the perfect intersection of job opportunities and quality of life." — Dig South Executive Producer Stanfield Gray
Although the need for more capital used to be top of mind when asked about the main obstacles facing the Charleston tech community, the metro area's current tech scene is attracting more investment than ever.
Boeing expands in Charleston with the addition of its new Dreamlifter operations center; construction began in late January.
S.C. counties commit to improving workforce
Feb. 22, 2013
Columbia Regional Business Report
34 counties seeking designation as an "S.C. Work REady Community in Progress" were approved by the state Workforce Investment Board.
The South Carolina city is an example of how the nation may cope with cuts the aerospace industry claims would cost at least a million jobs as soon as this year.
Website offers comprehensive data on Charleston region
Google Brings Additional Investment to Berkeley County Data Center
Jan. 18, 2013
South Carolina Department of Commerce
Google brings additional investment to Berkeley County data center Governor Nikki Haley joins Google to announce additional $600 million investment.
The Rise of Silicon Harbor
Jan. 4, 2013
Charleston Magazine
Charleston’s economic future hangs on more than dredging silt. Let’s talk silicon, software, and more cowbell.
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