Recent study shows U.S. military presence has $3 billion impact on local economy

The U.S. military last year remained an economic heavyweight in the Charleston area, providing jobs for more than 27,000 people and pumping $3.28 billion into the local economy, according to a report issued Tuesday by the Charleston Metro Chamber of Commerce. Continue reading

Appropriation for Force Protection, Inc. included in defense spending bill

Force Protection, Inc. (OTCBB:FRCP) announced today that the defense spending bill signed into law by the President last week includes a $4.5 million appropriation for the company's mine and blast protected vehicles. The bill was approved 96-0 in the Senate and 410-12 in the House. Continue reading

MUSC professor launches biotechnology company in Charleston

A pharmaceutical R&D company has launched in Charleston from an MUSC faculty member’s research, the S.C. Department of Commerce and SC Bio announced today. The company investigates pharmaceutical compounds in models associated with neurodegenerative diseases that include Parkinson’s disease, Alzheimer’s disease, stroke and epilepsy. Continue reading

Charleston Port Volume Reaches New High in FY04

Volume through the Port of Charleston reached all-time record levels in fiscal year 2004 on the strength of rising productivity, growing imports and an improving export environment. Continue reading

Verizon Wireless to open call center in Charleston bringing 1,100 jobs to the area

Verizon Wireless, the nation’s leading wireless communications provider, today announced plans to open a state-of-the-art customer call center here, part of its strategy to stay ahead of the continuing strong demand for its wireless products and services. The company will bring up to 1,100 jobs and invest $25 million in the center. Continue reading

NOAA designates Hollings Marine Lab as one of three “Centers of Excellence”

The National Oceanic and Atmospheric Administration formally named a local lab as one of three "Centers of Excellence" in the agency's Oceans and Human Health Initiative. The Hollings Marine Laboratory, the newest high-tech addition to the research campus at the tip of James Island, will share the new designation with NOAA laboratories in Ann Arbor, Mich., and Seattle. Continue reading

Hollings Cancer Center chief shoots for the stars

When Dr. Andrew Kraft imagines what the Medical University of South Carolina's Hollings Cancer Center will be a few years from now, he sees something big. Kraft, who took over as director of the center in late June, plans to make cancer prevention and treatment affiliate programs throughout the Palmetto State one of his top goals. Continue reading

Fast-growing North Charleston company reshaping the way books are bought, sold and printed

In some ways, book publishing hasn't changed much since Johann Gutenberg sold the first printed Bibles almost 550 years ago. But a small, fast-growing North Charleston company is at the forefront of changes that are reshaping the way books are bought, sold and printed. Continue reading

High-growth technology firm relocates headquarters to the Charleston region

Jeff Grady is a dot-com warrior. Armed with little more than an entrepreneurial spirit and some programming skills, he plunged headlong into the New Economy. He battled for funding, made fast money and watched the companies he worked for die, time and again. But Grady survived, managing to build a small but thriving company that he moved from Raleigh to Charleston last month. Continue reading

Young company with huge potential relocates headquarters to the Charleston region

A young company with huge potential has relocated its headquarters to the Charleston region. The firm’s move from Raleigh, NC to an office in downtown Charleston was facilitated by the Charleston Regional Development Alliance. Continue reading