Location & Expansion Log

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.

Keel / Metal Trades

March 11, 2025

Investment: $70 Million

Fabrication of large metal structures for maritime vessels including for the U.S. Navy

Keel Holdings will expand its Metal Trades campus on Younges Island in the Charleston region by constructing three new buildings: a preparation and paint facility, fabrication factory for Columbia-Class submarines, and an employee center. The expansion should be complete by 2027. Company CEO Brian Carter noted the company's choice to expand here relates to the growth of Charleston as a manufacturing hub, especially in the past ten to fifteen years.

IQ Fiber

February 24, 2025

Jobs: 25
Investment: $40 Million

Fiber optic broadband services

IQ Fiber, a Jacksonville, Florida based provider of 100% fiber-optic internet service, announces an expansion of its 10-gig capable network to the Charleston Metro Area. The first phases of the deployment include the West Ashley and Mount Pleasant areas within the Metro. This expansion continues the company's growth across the Southeast region of the United States. CEO Ted Schremp said that the company is making a $40 million investment in the area and plans to open a local office with 20 to 25 employees, choosing Charleston because of its above-average population growth. Construction of the Charleston area network has begun, and customers are expected to start coming online in late 2025.

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.