Charleston-North Charleston Metro ranks #5 among “Top Logistics Metros in the Southeast”

Known for its automotive industry clusters and other major distribution operations, the Southeast is a natural fit for these types of logistically dependent industries. Proximity to the East Coast, a variety of major markets, extensive transportation options and work force talent make the Southeast the ideal location for many companies. Among them, Charleston-North Charleston was ranked No. 5 on Expansion Management's list of Top Logistics Metros in the Southeast. Continue reading

Charleston-North Charleston Metro ranks #17 among top U.S. cities for European investment

This marks the fourth year for the annual survey of European capital investment in the U.S. manufacturing sector. In order to be included, a European-based company must make a brick-and-mortar expansion in the United States that involves a capital investment of at least $1 million and creates at least 10 new jobs. In addition, these expansions must have taken place within the past two years. This year's list included Charleston-North Charleston ranking #17 as a top U.S. city for European investment. Continue reading

Ports Authority Joins C-TPAT: Anti-Terrorism Partnership

The South Carolina State Ports Authority announced today that it will play an active role in the war on terrorism by signing up for the world's first global supply chain security initiative. Continue reading

AaiPharma to boost work force, add to product line

Two years after buying a struggling drug manufacturing plant from the Medical University of South Carolina, aaiPharma is boosting the North Charleston operation. The drug company plans to add as many as 20 workers to the 50 it employs at the plant over the next year, and it hopes to multiply the amount of product manufactured there five-fold. Continue reading

ATI wins contract to bring a shipbuilding research center to North Charleston

Advanced Technology Institute has received a five-year, $17.5 million contract from the Navy to bring a shipbuilding research center to North Charleston. Continue reading

Port presents $128 million investment program

At a recent teleconference board meeting, the South Carolina State Ports Authority approved the fiscal year 2004 financial plan and presented a two-year, $128 million capital investment plan to increase utilization of existing port facilities. Continue reading

$1 million gift establishes Parkinson’s research center at MUSC

One million dollars in contributions from William Murray will establish The Murray Center for Research on Parkinson’s Disease and Related Disorders at the Medical University of South Carolina. This is the only Parkinson’s disease research center in the state. Continue reading

ATD finalizes Chicago Securities Group acquisition

Automated Trading Desk, a Mount Pleasant-based technology company that specializes in automated trading and custom execution services, announced July 1 the closing of its acquisition of Chicago Securities Group LLC. Chicago Securities Group will be renamed ATD Specialists LLC, a wholly owned subsidiary of Automated Trading Desk. Continue reading

North Charleston set to become international business hub

SCWTC officials recently announced plans to build an office facility at the Coliseum-Convention Center complex to replace its cramped offices in downtown Charleston’s BellSouth building and expand international services. According to SCWTC Executive Director Mark Condon, most of the new space will be “marketed to importers, exporters, shipping lines, maritime attorneys, global technology firms and other businesses engaged in world trade. The center’s goal is to create an international address that would attract a concentration of tenants with similar interests.” Continue reading

Atlantic Southeast Ballet to move onto the former Charleston Naval Base

The Atlantic Southeast Ballet, a professional touring group that hits 30 cities across six southern states, is moving onto the former Charleston Naval Base, converting a 15,000-square-foot machine shop into studios, rehearsal rooms and offices. Continue reading