Local News

Region attracts headquarters/distribution center for international candle and stoneware distributor

Berkeley County has landed another headquarters and distribution center for its new Cainhoy Park. MVP Group International, Inc. will occupy a 106,000-square-foot building presently under construction by Cainhoy Park developers, Quattlebaum Development. Today's announcement was facilitated by the Charleston Regional Development Alliance. Continue reading

David Ginn to be new Alliance CEO

The Charleston Regional Development Alliance today named David T. Ginn to replace Ben Cole as its next President and CEO at its regular monthly board meeting. Ginn is currently the Executive Vice President of the Alliance and has served in that capacity since the tri-county business recruiting organization was formed in February of 1995. Cole is leaving the Alliance to join Santee Cooper as Senior Vice President on March 1. Continue reading

Conference paves way for tech community in Charleston

In his opening remarks on the recent dot-com shakeup, Jason Kelly, editor-in-chief of Atlanta-based digitalsouth magazine, set the theme for Charleston's first technology conference, ThinkTec 2001. More than 200 entrepreneurs and local companies attended the one-day conference at the College of Charleston's Lightsey Conference Center Jan. 25. Continue reading

Corning Cable Systems to expand operations in Summerville, SC

Corning Cable Systems, one of the industry-leading manufacturers of fiber optic and copper communications network infrastructure solutions, announced today that it plans to expand its Summerville, S.C., coaxial cable manufacturing operations. The company will move from its existing 50,000-square-foot facility to a new building with approximately 250,000 square feet of production space. Continue reading

Digital Corridor to spark city’s high-tech growth

The latest initiative in the tech-based arena, just underway, is the Charleston Digital Corridor. Spearheaded by the City of Charleston's economic development department, the goal is to build public-private partnerships that will support and nurture knowledge-based enterprise on portions of the Charleston peninsula. Continue reading

Charleston area attracts new distribution center

A leading manufacturer and importer of fitness equipment has moved into the area's biggest speculative industrial building. ICON Health and Fitness, Inc. has converted a new, 200,000-square-foot structure into an East Coast importing and distribution center. ICON expects to employ 50 workers at the facility. Today's announcement was facilitated by the Charleston Regional Development Alliance, whose role is to attract and retain competitive business investment in the region. Continue reading

Tri-county area shares in record economic development

Charleston, Dorchester and Berkeley counties produced a combined total of 3,190 of South Carolina's record 35,132 new jobs in 2000, announced Gov. Jim Hodges during a recent trip to Charleston. A record number of companies - 1,628 - invested in the state. Continue reading

Charleston named one of top 5 best cities for entrepreneurs

Charleston was recently named the fourth best mid-sized city for entrepreneurs by Dun & Bradstreet and Entrepreneur magazine. This is the second consecutive year the Charleston area has been ranked in the top five. Continue reading

Charleston named a top U.S. city for European expansion

For this ranking, Expansion Management looked at European-based company expansions within the past 24 months that created at least 10 jobs and involved capital investment of at least $1 million. According to this survey, the Charleston-North Charleston metro ranked seventh in the nation for European expansion. Continue reading

Maker of precision timing gears to expand operations; Getrag to add 200 highly skilled workers

Getrag Precision Gear Company LLC announced today a $40 million expansion of its existing local operation. The company, which manufactures vehicle timing gears, is building a new 150,000-square-foot facility west of the Ashley River in Charleston County. Today's announcement was made in conjunction with the Charleston Regional Development Alliance. Continue reading
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