Local News

Aerospace firm plans area plant

Aerospace parts maker Acutec Precision Machining announced it will open a manufacturing facility in this small Berkeley County town and pump $2 million and 16 new jobs into its economy. Pennsylvania-based Acutec, which makes parts for Boeing jets and Bell helicopters, plans to build a 20,000-square-foot facility in the St. Stephen Commerce Park and begin operation by mid-September. Continue reading

Alliance image campaign sells essence of Charleston

The Charleston Regional Development Alliance created a new “technology friendly” image advertising campaign in national economic development publications to help change the image of Charleston from just another pretty city to a desired business location. Continue reading

Bosch is top maker of fuel injectors

The Robert Bosch Corporation officially opened the company's new $60 million, 182,000-square-foot building that houses manufacturing operations for its diesel fuel injection system. The addition of this diesel line will make the company the world's top producer of fuel injectors. Continue reading

High-tech target enlarged

The city of Charleston provides special incentives for high-tech businesses that want to move to the heart of downtown. Now the city plans to extend its "Digital Corridor" to the suburban frontier. The expansion of the corridor aims to tempt high-tech businesses to the fast-growing Daniel Island/Cainhoy peninsula area. Continue reading

$39.9M expansion planned for Hollings Cancer Center; MUSC wants to consolidate research, add space for outpatient cancer services

The Medical University Hospital Authority is planning a $39.9 million project that will more than double the size of the Hollings Cancer Center. Expanding the facility will allow the university to consolidate cancer research into one location while consolidating and expanding outpatient clinical oncology services there as well. Continue reading

The bridge is ‘a done deal’

State transportation officials voted to proceed with a $215 million federal loan for a new eight-lane Cooper River bridge. Work on the bridge will begin after a July 2 ceremony. Continue reading

Germans in the sun

The Charleston region's ongoing economic revival is largely powered by new investment from northern Europe. The bulk of these companies are from Germany. Continue reading

Aamsco lights up Dorchester

Aamsco Lighting Inc. is moving its headquarters and production operations from Jersey City, N.J., to Summerville in August. Formed 26 years ago, the company makes light fixtures primarily for bathrooms and kitchens. Continue reading

Charleston earns five-star economic rating

While the U.S. economy is showing signs of a slowdown, it hasn't affected the financial health of the state or Charleston area, according to Demographics Daily. South Carolina was the only addition to the periodical's five-star rating on states considered in the best economic shape. Meanwhile, Charleston and Greenville-Spartanburg joined the five-star list for the first time. And Columbia logged its third straight month in the top group. Continue reading

Study finds bright future for airport

With a bustling port and a diversified local economy in the backdrop, Charleston International is positioned to be one of the fastest growing U.S. airports, a new study has found. The Boyd Group projected that passenger traffic will soar nearly 30 percent at Charleston by 2005, giving South Carolina's busiest airport the 10th highest growth rate in the nation. The Evergreen, Colo.-based aviation consulting and research firm has published its annual forecast, titled "Airports: USA," since 1992. Continue reading
Back To The Top