SC Economic Development

Georgetown Faces Economic Crisis After Paper Mill Closure

News Summary The Georgetown community is reeling from the announcement that International Paper will close its mill at the end…

1 month ago

South Carolina: The New Growth State Champion of 2024

News Summary South Carolina has emerged as the number one growth state for 2024, with a significant influx of new…

1 month ago

Eaton Invests $340 Million in Jonesville, SC Manufacturing Facility

News Summary Eaton has announced a significant $340 million investment to build a new manufacturing facility in Jonesville, South Carolina.…

1 month ago

Pittsylvania County Welcomes New Tech Center from TECHnista LLC

News Summary Pittsylvania County, Virginia, is set to welcome a new technology and training center from TECHnista LLC, which will…

1 month ago

Greenville Celebrates 50 Years of Michelin’s Impact

News Summary Michelin North America, Inc. marks a notable milestone of 50 years in Greenville, SC, along with the 35th…

1 month ago

Pallidus Inc. Faces Major Layoffs and Expansion Cancellations

News Summary Pallidus Inc., a semiconductor startup in Albany, has laid off 37 employees, marking a 44% reduction in its…

1 month ago

South Carolina’s Timber Industry Faces Tough Times

News Summary The timber industry in South Carolina is experiencing significant challenges, with recent mill closures and a marked decline…

1 month ago

Optus Bank Expands Operations in Upstate South Carolina

News Summary Optus Bank, the first Black-owned bank in South Carolina, is expanding its operations to the Upstate region, focusing…

1 month ago

South Carolina Sets Vision for Manufacturing Growth by 2025

News Summary The South Carolina Manufacturers Alliance has unveiled a strategic vision for the state's manufacturing sector by 2025. This…

1 month ago

Charleston Business & Brews Event with Lt. Gov. Pamela Evette

News Summary On March 13, join the Charleston Business & Brews event at New Realm Brewing with South Carolina Lt.…

1 month ago