Local Data
Location & Expansion Log
Diverse companies – from startups to multinational corporations – continue to relocate and expand existing operations in the Charleston region.
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Downsizing
2004
Marcial de Gomar
November 29, 2004
Jeweler specializing in emeralds and Conch pearls.
The 1,500 square-foot store at 125 Market Street (across from the Charleston Place hotel) will close Dec. 24 after 5 years in downtown Charleston.
Carolina Nurseries
September 23, 2004
Commercial wholesaler of plants, shrubs and other nursery products
Seasonal layoff with 40 jobs affected.
Winn Dixie
September 9, 2004
Grocery chain
Closure of stores statewide; 28 jobs affected locally.
Teepak
August 16, 2004
Manufacture food/meat casings.
Closure with 81 jobs affected.
New Hope for Children
August 15, 2004
Social services for children
Closing with 61 jobs affected.
Tristan
August 2, 2004
Full service restaurant
Closure with 25 jobs affected.
CIGNA
July 7, 2004
Insurance HMO; printing and distribution facility.
CIGNA recently announced nationwide reductions of 3,000 jobs in order to consolidate operations and cut expenses. Locally, this decision means closing the printing and distribution facility in North Charleston on October 1, 2004, affecting 100 jobs. The Pennsylvania-based firm reported they would outsource printing and distribution operations going forward.
Jacobs Applied Technology
June 25, 2004
Design, engineering & fabrication of process modules.
Layoff with 100 jobs affected.
Standard Corporation
May 3, 2004
Transportation and warehousing.
Layoff with 77 jobs affected
Gateway
April 9, 2004
Retail store for computers and related products
Closure with 12 jobs affected. The company, based in the San Diego suburb of Poway, said its 188 stores will close on April 9, 2004, and workers will be dismissed as the store operations wind down. The Gateway stores will all close on the same day.
Gates Rubber
April 3, 2004
Rubber products manufacturing
Layoff with 25 jobs affected.
Recovery Technologies Group
March 31, 2004
Rubber-related recycling and manufacturing
Layoff with 10 jobs affected.
Forest Technology Group
February 2, 2004
Information technology services for forestry industry.
Parent company, MeadWestvaco of Stamford, Connecticut, announced a reduction in staff for its Charleston area based subsidiary Forest Technology Group from the current 45 to 15 by the end of 2004 as part of a two-year "productivity initiative" where it is streamlining to improve the nationwide firm's position in core businesses as well as company-wide profits.
MeadWestvaco - Forest Resources Div.
January 15, 2004
Forestry/timber management.
Stamford, Connecticut-based parent MeadWestvaco is streamlining nationally, attempting to optimize profits, and is reducing land holdings company-wide, resulting in a 45-job loss for the Summerville area's operation.
Corning Incorporated
January 13, 2004
Highly pure fused silica lens manufacturing.
Due to a changing business climate, Corning will consolidate its Goose Creek and Massachusetts operations into its much larger, more diversified operation in Canton, New York. The Goose Creek plant and its 71 jobs will be totally phased out by March 2004.
