Palmetto Corporation, a site development and construction company, today announced it is growing its South Carolina footprint with a new operation in Fairfield County. The company’s $15.7 million investment will create 79 new jobs. Palmetto Corporation’s new, state-of-the-art asphalt plant located at 5471 State Highway 34 E. in Ridgeway will be the company’s seventh in… Continue Reading »

Schneider Electric, a leader in energy management and automation, today announced it is expanding operations in Oconee and Richland counties. The company’s combined investment of $23.8 million will create 280 new jobs throughout 2024. Schneider Electric is a global industrial technology leader, producing energy efficient and sustainability solutions for customers in 150 countries. A consortium… Continue Reading »

Successful economic development is multifaceted, requiring the alignment of various public and private interests. Successful alignment requires a team of players with specialized skills and critical resources for turning large industrial and commercial prospects into reality. These players include utilities, railway companies, state and local officials, engineers, real estate and other professionals, and tying these… Continue Reading »

Princeton NuEnergy (PNE), an innovative clean technology company, today announced it selects Chester County to establish the company’s first South Carolina operation. The $11 million investment will create 41 new jobs. PNE’s 25,000-square-foot facility, located at 564 Ecology Lane in Chester, will recycle lithium-ion batteries from electric vehicles (EVs) and manufacturing scrap to produce advanced blackmass and… Continue Reading »

McEntire Produce, a full-service fresh produce supplier, today announced the continued development of its state-of-the-art facility in Richland County. The company’s $26.2 million investment will create 40 new jobs. The company will upfit its existing facility located at 2040 American Italian Way in Columbia with automation advancements that will improve production capacity. QUOTES “The McEntire… Continue Reading »

Economic development is a complex endeavor that requires successfully aligning the interests and requirements of multiple public and private stakeholders. It can be a dizzying dance, and the steady hand of experienced legal counsel is vital to the process. Sam Moses, a Partner with the Columbia office of Charlotte-based Parker Poe, is such a hand…. Continue Reading »

Capital Concrete Co., a construction materials supplier, today announced it is growing its South Carolina footprint with a new operation in Fairfield County. The company’s $8.25 million investment will create 17 new jobs. Founded in 2006, Capital Concrete Co. has four, existing South Carolina locations providing ready-mix concrete products for all project types. The new… Continue Reading »

The South Carolina Department of Commerce (S.C. Commerce) today released its 2023 industry recruitment results which reflect sustained economic activity. From January to December 2023, the state announced total capital investment of $9.22 billion, the second largest amount in state history. That investment represents 81 projects and 14,120 announced jobs. “Once again, South Carolina has… Continue Reading »

OneH2, a leader in sustainable hydrogen solutions, today announced it is expanding its U.S. footprint by establishing the company’s first South Carolina operation in York County. The $16 million investment will create 87 new jobs by 2026. Created in 2015 and headquartered in Longview, North Carolina, OneH2 designs and manufactures innovative products ranging from hydrogen… Continue Reading »

TMC Transportation one of the trucking industry’s premier flatbed carriers, today announced it is growing the company’s Southeast presence with the expansion of its regional headquarters in Richland County. The $38 million investment will create 185 new jobs. Employee-owned TMC Transportation has more than 50 years of experience in the trucking industry and a 25-year… Continue Reading »