Features

• Congress, President Trump Approve $138M for Charleston Harbor Deepening Project

  January 06, 2020

  President Trump included the $138 million in the President’s Fiscal Year 2020 budget earlier this year, making the project eligible for direct appropriations by Congress for the first time through the Energy and Water Appropriations bill.

• Survey: Business Leaders Start 2020 with Lingering Concerns About Talent Shortages & Recession Risk

  January 06, 2020

  A new survey reveals that the world's chief executives view the risk of a recession as their biggest external concern in 2020. Attracting and retaining talent ranks as their top internal concern. They also feel unsettled by trade uncertainty, political instability, and more intense competition from disruptive technologies. However, they plan to counter such forces by developing more innovative cultures and new business models.

• Exclusive: In South Carolina, Women Gain Ground in Economic Development Leadership

  December 20, 2019

  When Karlisa Parker Dean retires as economic development director in Chester County at the end of December, she will have spent 25-plus years serving the county in multiple roles. She will have also been one of a dozen different women to serve as economic development chiefs in South Carolina counties in 2019.

• Women Gain Ground in Economic Development Leadership

  December 19, 2019

  When Karlisa Parker Dean retires as economic development director in Chester County at the end of December, she will have spent 25-plus years serving the county in multiple roles.

• SC Ports in Strong Position Heading into 2020

  December 19, 2019

  South Carolina Ports Authority opens in a new window has seen steady growth across multiple business segments in 2019, handling nearly 2.25 million twenty-foot equivalent container units (TEUs) since January.

• SC Ports Wins International Awards for Port Performance

  December 16, 2019

  The Journal of Commerce ranked the Port of Charleston No. 1 for overall productivity in the midsize ports category for North American ports. Wando Welch Terminal was named No. 1 for overall productivity in the midsize terminals category.

• Gov. Henry McMaster, CMS Administrator Verma Announce Launch of Healthy Connections Community Engagement Initiative

  December 13, 2019

  Governor Henry McMaster was joined by Centers for Medicare & Medicaid Services (CMS) Administrator Seema Verma, S.C. Department of Health and Human Services (SCDHHS) Director Joshua D. Baker, and stakeholders from around South Carolina to announce that CMS has approved South Carolina’s application to add community engagement requirements for qualifying Medicaid members.

• Exclusive: Economist Says U.S. Has ‘Less Room for Error’ in 2020

  December 10, 2019

  As the U.S. economic expansion continues its unprecedented length, there are mixed indicators of its health heading into 2020. Is a recession imminent?

• The South Carolina Wildlife Federation Announces Spring 2020 Dates for Conservation Dinner Series: Forks, Knives, & Spoonbills

  December 10, 2019

  The South Carolina Wildlife Federation (SCWF) is expanding their event “Forks Knives, and Spoonbills: A Dinner Celebrating Conservation” by hosting three dinners in the spring of 2020.

• Exclusive: USC President Outlines Construction Projects, Research Opportunities

  December 09, 2019

  USC President Robert Caslen outlined millions of dollars in upcoming construction spending – as well as ideas how the school can bring in millions in research dollars – in a keynote speech at the school’s recent Economic Outlook Conference.

• Executive Management Firm 98 Ventures Adding 150 Positions in SC

  December 06, 2019

  To accommodate this expansion and be positioned for future growth, 98 Ventures will relocate to the Poe West development in the Village of West Greenville in January of 2020, allowing the company and its affiliates to continue to provide clients with a high level of service. The company’s expansion includes a more than $600,000 building renovation investment.

• Exclusive: South Carolina Economy Expected to Continue Slow, Steady Growth

  December 05, 2019

  The 39th annual Economic Outlook Conference, held Tuesday at the school’s alumni center, featured economists from the Darla Moore School of Business. USC President Robert Caslen and Wells Fargo economist Sarah House also spoke.

• Small Business Wage Growth Hits New High, Job Growth Consistent in November

  December 05, 2019

  The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings grew 3.11 percent among employees of small businesses, the highest level since reporting began in 2011.

• Kansas City ‘Tax Truce’ not a Match for Charlotte

  December 04, 2019

  South Carolina CEO spoke with multiple officials involved in economic development, both on and off the record. They said that while companies have moved from county to county or state to state around the Charlotte region, it’s typically due to business growth and the need for new facilities.

• SC Ports Awards Grants to Nonprofits, Organizations

  December 02, 2019

  The program provides grants to organizations in regions where S.C. Ports operates with the goal of positively impacting maritime commerce, economic development, environmental awareness, community outreach, education and workforce development efforts.

• SC Unemployment Rate Remains at All Time Low

  November 21, 2019

  The monthly survey of households across the state estimated the number of South Carolinians working moved substantially higher, establishing a new record of 2,318,762.

• Clemson MBA Program Launches Innovation-centric Podcast or 'Pawdcast'

  November 19, 2019

  10 episodes have been released featuring in-depth interviews with innovators including Leslie Schall, the human resources director of Michelin North America; Clemson MBA alumnus Richard Morris, a director of manufacturing at a major aerospace company in Southern California; Dr. Meredith Rosenthal, director of Harvard’s Advanced Leadership Initiative; and more.

• Exclusive: Demand for Warehouse Space Strong across South Carolina

  November 18, 2019

  Recent quarterly reports from real estate firm Colliers International indicate a need for warehouse and distribution facilities. This more or less reflects trends that are being seen nationally.

• Greater Women’s Business Council Recognizes 10 Companies Committed to the Advancement of Women-Owned Businesses at 2019 LACE Awards

  November 15, 2019

  The Greater Women’s Business Council (GWBC), the largest provider of certification and development resources for women business enterprises (WBEs) in Georgia, South Carolina and North Carolina, hosted its annual LACE (Ladies Achieving Continuous Excellence) Awards Gala on Nov. 8 at the St. Regis hotel in Atlanta.

• What's the Value of Landing a Portion of the NCAA Mens Basketball Tourney in South Carolina?

  November 08, 2019

  The March Madness weekend created an estimated $11.3 million direct impact on the Midlands, based on research conducted by Dr. Tom Regan, graduate director with the University of South Carolina College of Hospitality, Retail and Sport Management. Pre-event estimates had anticipated a $9 million impact.

• Clemson Faculty Earn Key Funds for Technology Development and Commercialization

  November 07, 2019

  “The program has repeatedly demonstrated that targeted, strategic investments can have a significant impact on the probability of commercial licensing, industry collaboration or follow-on research dollars. Congratulations to the recipients for their dedication to academic research and for the innovative contributions they have made to the Clemson University research enterprise.”

• New Fujifilm Technology at Clemson University's Sonoco Institute Advances Learning, Prepares Students for Industry Needs

  November 06, 2019

  Haley Appleby, packaging science lecturer, Clemson University; Chip Tonkin, chair of graphic communications and director of the Sonoco Institute, Clemson University; Steve Bennett, Vice President of packaging solutions, Fujifilm Graphic Systems; Tony Aquino, regional sales manager, Fujifilm Graphic Systems.

• For S&P 500 CEOs, Stock Awards Now Comprise More Than 50% of Total Compensation

  November 06, 2019

  A new report reveals that stock awards, which include restricted stock and performance-based shares, represented a record portion of CEO compensation in 2018. For S&P 500 CEOs, stock awards alone exceeded 50 percent for the first time. Moreover, they climbed to a record of nearly 40 percent for those in the Russell 3000.

• South Carolina First Lady Peggy McMaster Presents Tourism Scholarships to College Students

  November 04, 2019

  First Lady Peggy McMaster presented nine college students with South Carolina Governor’s Tourism Student Awards Wednesday during a ceremony at the Lace House in Columbia. The students were recognized for outstanding academic achievement in their culinary, hospitality and tourism studies.

• SC Chamber CEO Ted Pitts: Renters, Businesses Also Hit Hard by SC’s Flawed Property Tax Laws

  November 01, 2019

  The S.C. Chamber is working with the South Carolina Realtors on a data-driven study that looks at the state’s broken property tax system and ways to improve it.

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