Features

• Growth Continues at United Community Bank, John Golding Named Head of Commercial Banking Solutions

  April 24, 2019

  United Community Bank is pleased to announce veteran commercial banker John Golding as its new Head of Commercial Banking Solutions. Golding has more than 25 years of industry experience offering customer-focused solutions to businesses ranging from small to global scale.

• Exclusive: International Trade Forum Says Tariffs Create Risks for South Carolina

  April 22, 2019

  The United States in general - South Carolina in particular - is heavily invested in foreign trade, and anything that would disrupt commerce creates risk. That was the consensus of speakers April 18 at a University of South Carolina forum.

• RBC and Heritage Classic Foundations Team with South Carolina's Technical College System to Support Economy

  April 16, 2019

  The joint initiative will support Siemens Mechatronic System Certification Programs for faculty at South Carolina’s 16 technical colleges, helping expand the training and certification of these much-needed technicians across the state.

• EDTS and EDTS Cyber Announces Private Equity Partnership and Merger with Corsica

  April 15, 2019

  EDTS and EDTS Cyber, a South Carolina based a provider of security services, has entered a partnership with private equity firm Inverness Graham. As a part of this relationship, EDTS and EDTS Cyber will merge with Inverness Graham portfolio company Corsica Technologies, another leading IT Service Provider in the mid-Atlantic region.

• AT&T Helps South Carolina Department of Administration Transform Student Learning With Technology

  April 12, 2019

  The State of South Carolina Department of Administration, through a competitive procurement selection process, awarded AT&T a contract to provide data transport services for 82 public school districts in the state, covering more than 730,000 students.

• Legislation Proposed to Reform South Carolina’s Onerous Business License Tax System

  April 10, 2019

  Cities and counties levy a license tax on businesses for the privilege of doing business in each area. Across the state, over 200 municipalities and 12 counties levy business license taxes. Many of them require different forms, renewal dates, process for appeals, and involve complex and varying methods of calculating the tax in each jurisdiction.

• Senior Directors to Continue Growing Clemson Relationships for Corporate Partnerships

  April 08, 2019

  “Our office’s goal is to continue strengthening the university’s role as an economic development hub for the state of South Carolina by going beyond traditional university and industry partnerships,” said Jack Ellenberg, associate vice president of Corporate Partnerships and Strategic Initiatives.

• Good Signs for the State, SC Ports Handles Record March Container Volume

  April 05, 2019

  SCPA moved 214,123 twenty-foot equivalent container units (TEUs) last month, making it the second highest month in SCPA history. The Port handled its highest monthly record in October 2018, with 217,035 TEUs moved across the docks.

• CEO Confidence Increased Slightly in Q1

  April 05, 2019

  The Conference Board Measure of CEO Confidence, which had decreased sharply in the fourth quarter of 2018, increased slightly in the first quarter of 2019. The Measure now reads 43, up from 42 in the fourth quarter of 2018.

• UofSC Opens Innovation Think Tank Lab in Partnership with Siemens Healthineers

  April 04, 2019

  "Centers like this are so important because they bring technology and use it to create something new and do things differently," said Elizabeth Regan, the chair of Integrated Information Technology at the College of Engineering and Computing. "That involves opening your mind, moving yourself out of your comfort zone, innovative thinking, and collaborating."

• As Demand Increases, Pump Prices Continue to Rise Across the Carolinas

  April 02, 2019

  Gas prices have increased by 38 cents in North Carolina and 52 cents in South Carolina since New Year’s Day, but despite the climb, they remain consistent with the averages seen a year ago.

• University of South Carolina to Hold International Business Strategy and Trade Forum

  April 01, 2019

  Hosted by the Folks Center for International Business at the Darla Moore School of Business and co-sponsored by the U.S. Chamber of Commerce and the South Carolina Chamber of Commerce, the forum will focus on recent shifts in the global trading sphere and the subsequent impact on U.S. trade policy and practices.

• Newly Signed SC Law Allows For Hemp Program Expansion

  March 29, 2019

  South Carolina Governor Henry D. McMaster signed into law a bill which expands the number of growers who can participate in the state’s hemp program and the amount of acreage they can grow. The hemp program, administered by the South Carolina Department of Agriculture, and set forth by state law previously only allowed for 40 permits for up to 40 acres each to be issued in 2019.

• Technology Employment Expands its Presence in the South Carolina Workforce

  March 27, 2019

  Technology-related employment in South Carolina grew by some 4,000 new jobs in 2018 and the tech sector increased its contribution to the state's economy, according to Cyberstates 2019, the definitive guide to national, state and metropolitan area tech sector and tech workforce analytics published annually by CompTIA, the leading technology industry association.

• Ohio-based Tower Hill Specialty Expands To South Carolina

  March 25, 2019

  "Our targeted approach allows us to be nimble by adjusting coverage options and pricing to each region, based on the products that best fit that market," explains John Spritzky, Chief Underwriting Officer. "In South Carolina, we offer optional wind coverage in Zone 2. Our wide underwriting appetite includes all protection classes and allows for multiple claims."

• SC Chamber Survey Shows Confidence in The Economy Remains Strong among SC Business Leaders

  March 22, 2019

  Over 93% have a positive outlook on the economy. Similarly, nearly half of businesses surveyed expect to add jobs and 67% expect to increase their company’s volume of sales over the next twelve months.

• SC Ports Authority Reports Record February Volume, Deepening Included in President’s Budget

  March 21, 2019

  “A strong February contributed to the Port’s continued growth, with container volume nearly six percent ahead of our financial plan for the first eight months of our fiscal year.” - Jim Newsome, SCPA president and CEO.

• Exclusive: South Carolina Metro Areas Gain in Educational Attainment

  March 18, 2019

  Brain drain? How about a “brain gain?” South Carolina’s workforce is becoming a more educated one – particularly in coastal communities. The State Science & Technology Institute recently examined U.S. Census Data for the 150 largest metro areas.

• Why March Madness Costs Companies Billions Due to Employee Distraction and Poor Productivity

  March 18, 2019

  Recent statistics reveal that March Madness has become more popular than ever before, thanks in large part to the worldwide betting that takes place. Over 60 million people are expected to fill out brackets this year, with an estimated $10 million being put on the table. However, there is another cost which people may not expect: A downturn in employee productivity.

• East Cooper Medical Center is South Carolina’s Only Hospital Recognized by IBM Watson Health as One of Nation’s 100 Top Hospitals

  March 15, 2019

  East Cooper Medical Center is pleased to announce that it has been named one of the nation’s 100 Top Hospitals by IBM Watson Health. This study spotlights top-performing hospitals in the United States based on a balanced scorecard of publicly available clinical, operational and patient satisfaction metrics and data.

• BMW Manufacturing Continues as Largest U.S. Automotive Exporter by Value

  March 15, 2019

  BMW exported 234,689 X models from its Spartanburg, SC, plant during 2018. About 81 percent of these Sports Activity Vehicles and Coupes were exported through the Port of Charleston with an export value of more than $8.4 billion, according to Commerce Department data. This confirms that the South Carolina factory is the leading U.S. automotive exporter by value.

• UofSC Sets New Bar in U.S. News Graduate School Rankings

  March 14, 2019

  The new U.S. News & World Report’s Best Graduate Schools publication released Tuesday (March 12) shows South Carolina now has 53 unique nationally ranked graduate programs — more than all the other colleges and universities in the state combined.

• South Carolina Export Sales Top $34B in 2018, Achieve Ninth Consecutive Record Year

  March 08, 2019

  For the ninth consecutive year, the state of South Carolina set a record for total export sales in 2018. Gov. Henry McMaster, the S.C. Department of Commerce and the S.C. Ports Authority announced that the state’s 2018 export sales totaled $34.6 billion.

• Spotlight: Real Estate Brokers Have Eyes on Booming Upstate Industrial Market

  March 07, 2019

  The industrial real estate market in South Carolina’s Upstate has been a stalwart for more than two decades, and it may be about to have a moment. “The Greenville-Spartanburg industrial market has always been a strong market, buoyed by a strong workforce and manufacturing base,” said David Feild, Colliers’ market president for Greenville-Spartanburg-Anderson. “What makes 2019 different is the growth in our distribution sector.”

• SCANA, SCE&G Announce Early Tender Results

  March 06, 2019

  As of 5:00 p.m., New York City time, on March 4, 2019 (the Early Tender Deadline), $1,744,456,000 aggregate principal amount of the SCE&G Waterfall Bonds and $522,083,000 aggregate principal amount of the SCANA Notes were validly tendered and not properly withdrawn in the Offers.

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