Force Protection extends agreement with South African technology partner

MECHEM, an organization that specializes in the supply of landmine detection, de-mining, and unexploded ordnance disposal equipment and services, has reached an agreement with Force Protection, Inc. to work exclusively on all projects relating to the exploitation of its technology. Continue reading

SC ranked #1 in percentage of workforce employed by international firms

With 121,700 South Carolinians working for U.S. subsidiaries of companies headquartered abroad, South Carolina ranks 16th in the nation in terms of the total number of “insourced” jobs. The Organization for International Investment (OFII) today released new Commerce Department statistics, which show that insourced jobs continue to be an integral part of the U.S. economy. Continue reading

MUSC launches world’s first dual source heart CT scanner

The Medical University of South Carolina (MUSC) has become the only hospital in the South, and one of only five hospitals in the country, to launch the latest technology for scanning the heart to detect the subtlest of trouble spots. Continue reading

Benefitfocus and Subimo ally efforts

Benefitfocus, the leading provider of consumer-directed healthcare software and services, and Subimo, the recognized leader in Web-based healthcare tools for consumers, today announced a partnership designed to provide employers, benefit providers, insurance carriers, and consumers with a comprehensive set of online tools to help implement and manage complex healthcare decisions. Continue reading

Richard Jerue named president of The Art Institute of Charleston

Richard Jerue has been named president of The Art Institute of Charleston. Jerue is responsible for launching The Art Institute of Charleston in the greater-Charleston area, with initial offerings in culinary, media arts including graphic design, interior design and interactive media design and photographic imaging. Continue reading

Million Air breaks ground for new facility at Charleston International

Million Air, the upscale provider of private aviation services, will break ground today on a new facility at Charleston International Airport. The facility, a fix-based operation in airport parlance, will include a passenger terminal and a spacious hanger. Continue reading

The Citadel School of Business named one of Princeton Review’s best

According to The Princeton Review, The Citadel School of Business Administration is an outstanding business school with a “reasonably priced” master’s in business administration degree. The New York-based education services company features the MBA program in the 2007 edition of “Best 282 Business Schools.” Continue reading

EDO to cut ribbon today on new Daniel Island facility

EDO Corp., a new York-based defense firm that designs and manufactures products for U.S. and foreign militaries, recently moved into a 50,000 square-foot building in the Charleston region. Local politicians and EDO Chief Executive Officer James Smith will cut the ribbon on the new facility today. Continue reading

Local firm Benefitfocus.com wants revenues of $1B in next decade

Benefitfocus.com Inc., maker of Internet-based software for the healthcare benefits market, built its new corporate headquarters at breakneck speed and is out to beat the clock again. The fast-growing, Charleston-headquartered technology firm plans to generate $1 billion in annual revenue within the next decade. Continue reading

MUSC’s endowed chairs advance bioscience cluster

The S.C. Research Centers of Economic Excellence program has opened the door for endowed professorships and has lured seven scientists to work directly with the Medical University of South Carolina. They are, in a sense, the vanguard of regional economic developers’ efforts to establish a lasting biosciences cluster in the Lowcountry. Continue reading