Force Protection announces $15.8 million equity investment

Force Protection, Inc. (OTCBB:FRCP), a leading U.S. manufacturer of armored vehicles used by U.S. forces in Iraq, announced that it has completed an equity financing in the form of a "Series D" 6% Convertible Preferred Stock which resulted in gross proceeds of approximately $15.8 million. Continue reading

Benefitfocus streamlines insurance billing and payment with new online ebilling application

Benefitfocus.com, Inc., the leading provider of insurance enrollment and benefit solutions, today announced the availability of Benefitfocus(SM) eBilling. The new product is the industry's most comprehensive and dynamic electronic invoice presentment and payment (EIPP) application designed specifically for insurance carriers and their customers. Continue reading

Blackbaud launches new version of online community solution

Charleston, S.C. (December 20, 2004) – Blackbaud (Nasdaq: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it has launched a new version of its online community solution aimed at helping nonprofits fully use the detailed donor information they maintain to target both their online and offline efforts. Continue reading

BookSurge and ebrary join forces to offer expanded delivery services for digital content

BookSurge, the global leader in inventory-free international book distribution with print and sales facilities in nine countries, and ebrary(R), a leading information services and technology provider serving more than 3.2 million library patrons worldwide, announced today the joint development of a print-on-demand offering, initially focused on the library market. Continue reading

Port of Charleston volume up 36% in December

The Port of Charleston's container volume in December was 36% higher than the same month in 2003, pushing volume for the first six months of the fiscal year to all-time record levels. Continue reading

Canadian-owned steel pipe and tube manufacturer preparing for expansion in Charleston region

Since its arrival in Berkeley County last June, Welded-Tube Berkeley, a Canadian-owned steel pipe and tube manufacturer, already is preparing for expansion. The company is planning to ramp up its monthly production from about 1,600 tons to as much as 8,000 tons. Continue reading

Local technology company an Apple iPod superstar

Jeff Grady, president and CEO of Digital Lifestyle Outfitters located on King Street in Charleston, is a leading designer and manufacturer of iPod accessories. From cases to sound systems, DLO’s products can be found and purchased at more than 1,000 major retail locations online and worldwide. Continue reading

Fast-growing manufacturer of boat and utility trailers moves into New Century Industrial Park near St. George

Road King Trailers, a fast-growing manufacturer of boat and utility trailers, moved into Dorchester County’s 10,000-square-foot speculative building at New Century Industrial Park near St. George. The five-year-old company will bring 30 new jobs to this community in Dorchester County, and expects to invest approximately $600,000 in the region. Continue reading

Intellectual property law firm locates in Charleston

Needle & Rosenberg, one of the largest intellectual property law firms in the Southeast with 34 professionals, has opened an office in Charleston, S.C. Continue reading

Mount Pleasant-based Rotomotion hovering in one of the faster-growing sectors of the war business

Rotomotion LLC has been flying under the radar in the Charleston economy -- not necessarily a bad thing for a company in the surveillance business.
The fledgling Mount Pleasant-based venture makes "robot helicopters," devices about the size of a small person that can be controlled remotely or programmed to fly a prescribed path carrying up to 20 pounds of gear. Continue reading