Local Data

Location & Expansion Log

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

CRDA-Facilitated Projects

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PTW

December 6, 2024

Jobs: 350
Investment: $1.2 Million

Gaming services: video game development and testing

Founded in Japan in 1994, PTW develops games for some of the industry?s largest publishers and studios, including Xbox Game Studios, Sony, Nintendo, Amazon Game Studios, Blizzard Entertainment and Warner Brothers. The company will establish a PTW Charleston office in part of a 30,000-square-foot office complex at 2387 Clements Ferry Road in Berkeley County in the city of Charleston. Sebastien Bisch, PTW's vice president of operations for the Americas noted, "Charleston stood out as the ideal location -- it's a growing tech hub with the perfect blend of proximity and highly skilled talent." This will be the company's fifth U.S. studio, with daily operations led by Bernhard Rieder, who will report to Bisch. "Expected to be ISO 27001 compliant by next year, the studio will provide an ideal environment for nurturing local talent and providing top-tier game development services to our clients, all from a secure facility," stated a press release by the company. Worldwide, PTW has 40 studios in 15 countries across North America, Europe, South America and Asia.

P3

July 1, 2024

Jobs: 2

Multinational consulting firm specializing in bespoke solutions integrating technology strategy, business process optimization, and organizational development; local expertise includes automotive, energy, digitization and other sectors

Founded in Germany in 1996 as a spin-off from a globally-recognized, leading technical university, P3 began with the goal of implementing an innovative new process and has remained focused on serving clients from innovation to implementation. The company has nearly 2000 employees across 30 locations globally. More than 250 of the firm's consultants, engineers and software specialists are now working on e-mobility, including powertrain systems, battery cells, and the charging infrastructure. P3 has established a Charleston office due to the region's growing economic base in this field.

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New, Expanding, and Mergers & Acquisitions

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Mesa Land Services

December 17, 2024

Jobs: 24
Investment: $1.3 Million

Provider of easement acquisition and title search services, specializing in software that streamlines the utility easement acquisition process

Located at 1459 Stuart Engals Blvd. in Mount Pleasant, Mesa Land Services' new facility serves as the company's headquarters. Mesa's advanced technology and tools make title management faster and more accurate for customers. "As a woman-owned business specializing in title research and easement acquisition, I'm thrilled to bring our company to South Carolina. I'm excited to contribute to its growth by providing reliable, thoughtful solutions for landowners, developers and the broader community," noted Mesa Land Services President, Julie Mote. The firm is already operational and hiring.

The Boeing Co.

December 12, 2024

Jobs: 500
Investment: $1000 Million

Aircraft manufacturing

Boeing South Carolina (BSC) has been the home of the full 787 Dreamliner production cycle for more than a decade now, and the company fabricates, assembles, and delivers the 787-8, 787-9 and 787-10 from its Charleston area campuses to customers across the globe. Earlier this year, Boeing also acquired an operation in neighboring Orangeburg County at 174 Millennium Drive, expanding its South Carolina footprint. Today, Boeing announced its plans to expand both of its North Charleston campuses over the next five years, located at 5400 International Blvd. and 9775 Patriot Blvd., to support increased 787 Dreamliner production targets and potential future rate increases driven by market demand. This expansion plan comes on the heels of a nationwide restructuring announcement months ago, affecting the elimination of about 200 local positions. Still, with current plans to increase production to a rate of 10 airplanes per month by 2026, this boost of 500 jobs comes as welcome news for the Charleston region.

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Downsizing

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The Boeing Co.

November 15, 2024

Aircraft manufacturing

Boeing announced a layoff of 220 jobs at its South Carolina facilities including the 787 Dreamliner assembly campus in North Charleston. The layoffs are part of a companywide plan to reduce the workforce by 10 percent and are scheduled to take place in early 2025.

Interfor

August 19, 2024

Lumber mill

Permanent layoff, 88 jobs impacted; Interfor Corporation announced in a recent quarterly report that due to a "persistently weak lumber market" and companywide losses of $76 million, they would be closing several facilities. In addition to closing the Summerville (Dorchester County) facility at 200 N Maple Street, Interfor will be downsizing lumber production at all of its North American sites and closing a location in Oregon and a mill in Meldrim, Georgia.

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