AAI Services to produce additional aircraft maintenance trainer systems in support of C-17

United Industrial Corporation announced that its wholly owned subsidiary AAI Services Corporation has been awarded a $30.2 million contract by the U.S. Air Force to produce two additional aircraft maintenance trainer systems in support of C-17 Globemaster III fleet readiness in its Charleston, SC facility. Continue reading

GenPhar and Arizona firm to research flu vaccine

GenPhar Inc. of Mount Pleasant is teaming up with an Arizona biotech firm in hopes of bolstering the fight against the deadly avian flu virus. Continue reading

Firm invests $60M in Charleston-based ATD

The Silicon Valley venture capital firm behind Internet stars Expedia and Netflix bought a $60 million stake in Automated Trading Desk on Friday, anticipating the Mount Pleasant-based company's stock-trading software will pay big dividends. Continue reading

Digital Lifestyle Outfitters unveils iBoom Travel

Charleston-based Digital Lifestyle Outfitters, makers of digital device accessories, today announced the launch of iBoom Travel, the first portable iPod speaker system and alarm clock combination. Continue reading

DLO partners with tech company to create iPod products

Digital Lifestyle Outfitters and Advanced Bridging Technologies announced an alliance to deliver technically-advanced products to the iPod and portable electronics market. Products will be developed jointly and released under the DLO brand. Continue reading

EDO’s new facility to support $240 million military contract

At the recent ribbon-cutting for EDO Corp.’s new building on Daniel Island, CEO James Smith noted that the facility, at 50,000 square feet, will support the anticipated growth in the company’s communications and networking systems business unit. The company’s primary product and target market is battlefield communications systems for Marine warfighters. Continue reading

Charleston tops travel destination list

For the 14th consecutive year, readers of Condé Nast Traveler magazine honored Charleston as a Top 10 travel destination in the United States. Continue reading

South Carolina ranks 11th among entrepreneur-friendly states

South Carolina is one of the most entrepreneur-friendly states in the country, according to the Small Business & Entrepreneurship Council. The council released its annual rankings of the states according to their public policy climates for small business and entrepreneurship in the “Small Business Survival Index 2006.” South Carolina ranked 11th. Continue reading

MUSC listed as one of the best heart centers using new device

The Medical University of South Carolina was chosen one of the four best among 700 open-heart centers nationally that use the Abiomed Inc.’s Ventricular Assist Device. Continue reading

Wage levels at Charleston Digital Corridor Companies continue to exceed South Carolina and regional averages

The Charleston Digital Corridor is pleased to report that the average wage for reporting Digital Corridor companies in 2006 is $66,583. This figure represents over twice the average annual wage for the State of South Carolina and the Charleston-North Charleston metropolitan statistical area. Continue reading