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Local Data

Location & Expansion Log

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

Archive:    2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995

New & Expanding

Kontane Logistics

May 27, 2020

Jobs: 30

Tire and wheel assembly

The Kontane Logistics Inc. facility at 830 Drop Off Drive, just off Interstate 26, will employ 30 workers and support the Volvo plant in nearby Ridgeville which builds S60 sedans. It’s the second automotive-related announcement in recent months for Kontane, according to Rusty Byrd, chief operations officer, who said in October the firm will also provide “just in time” parts delivery for the Mercedes-Benz Vans plant in North Charleston. Kontane’s headquarters is at a warehouse and distribution center on Charleston Regional Parkway, and the company has facilities in North Carolina, Alabama and Texas.

Charleston Stevedoring Company LLC (CSC)

May 6, 2020

Container terminal and stevedoring services

Marine Terminals Corporation East (Ports America), Ceres Marine Terminals Inc. (Ceres), and SSA Atlantic LLC (SSA) are pleased to announce they have formed a joint venture company to provide container terminal and stevedoring services in the Port of Charleston in South Carolina. “The new entity will provide significant benefits to the Port of Charleston, including improved container terminal services through the consolidated operations at all berths, as well as more efficient vessel turn times and improved equipment utilization,” CSC President Dan Hall said. “The combined company will optimize use of terminal capacity and improve integration between terminal, vessel and gate operations.” Ports America is a U.S. terminal operator and stevedore, with operations in every major port in the nation. Ceres is a transportation service provider, with stevedoring and terminal operations across multiple cargo types and operations in many of North America’s key ports. SSA, a wholly-owned subsidiary of Seattle-based Carrix Inc., is a marine and rail terminal operator in the Americas and internationally. The new joint venture becomes operational May 4, 2020.

Moneypenny

March 17, 2020

North American Headquarters; Answering services and outsourced switchboards for small and large businesses

Moneypenny, with a Charleston-based North American headquarters and a UK-based world headquarters, has extended its services in the US with the acquisition of VoiceNation and Ninja Number. The details of the transaction have not been disclosed. VoiceNation is an award-winning bilingual telephone answering provider and Ninja Number is a cutting-edge business phone app that provides a virtual phone system for entrepreneurs. Both companies were co-founded by Jay Reeder and Graham Taylor in 2002 and are based in Atlanta, Georgia. Moneypenny works with businesses of all shapes and sizes, from sole traders to multinational corporations and has over 750 staff based in the UK and Charleston, USA. The company was founded in 2000 and currently handles over 15 million calls and live chats for 13,000 businesses.

Palmetto Clean Technology Inc.

February 17, 2020


Investment: $25 Million

Technology company that works with customers directly and with companies that sell solar panel and energy storage systems to demonstrate utility savings with alternative energy use

One of Charleston’s most mature startup companies, Palmetto Clean Technology Inc., closed another round of funding in early 2020 and marked its 10-year anniversary. CEO Chris Kemper described the company’s technology as a “utility savings platform” that roughly 4,000 small companies now use. The firm's technology can show homeowners how they can save money by installing solar, Kemper said, and also serves to help solar installation businesses with design tools, financing, logistics, customer relations and project management. Palmetto's headquarters is in Charleston, South Carolina, with additional offices in San Francisco, California, Sea Girt, New Jersey, Charlotte, North Carolina, the District of Columbia, and Greenville, South Carolina.

Ceterus

January 18, 2020


Investment: $9.1 Million

Accounting software

A Charleston accounting software firm has raised another $9.1 million to finance its growth, solidifying the startup’s position as among the best-funded in the region’s technology industry. Located on Charleston’s upper peninsula, Ceterus develops web-based software and financial reporting tools. Founded in 2008, the firm has completed four major rounds of investments totaling more than $30 million. CEO Levi Morehouse said the latest financing will be invested in growth initiatives

Vendr

January 13, 2020

Software buying services: Centralized enterprise SaaS purchasing and renewals management

Boston-based Vendr provides expert SaaS buyers to growth-oriented client companies like HubSpot, DraftKings, CarGurus, Grammarly and InVision so firms can focus on their core business. College of Charleston alumnus Ryan Neu founded the firm in 2018 in Boston and has tasked fellow CofC alumnus and the firm's Head of Vendor Management, Jeff Swank, to lead the Charleston office. Swank says, "Having spent the past 15 years in Charleston, I’ve seen how much talent there is here, and the tech community is only getting bigger. We’re looking forward to being a part of it and building an anchor team here locally.” Vendr chose to house operations at the Flagship-WestEdge building in downtown Charleston.

TeamLogic IT

January 8, 2020

Jobs: 5

Managed IT services franchise with locations nationwide

“With the city’s recent influx of technology companies and the area’s ever-growing population, we couldn’t think of a better place than Charleston to open this branch of TeamLogic IT,” owner Denise Kaufman said in a news release. “We’re excited to tap in the region’s highly educated pool of workers while fulfilling a diverse array of area businesses’ IT needs.” TeamLogic provides support to businesses that do not have an IT department and collaborates with the internal IT departments of companies that need additional support. It offers services such as business data backup, cybersecurity consulting and implementation, email hosting, disaster recovery and planning, and more. The Charleston office is planning to hire multiple technicians and administrative support staff.

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