economic development

Four major economic development wins for the I-77 corridor in South Carolina have set the stage for a memorable 2023 while demonstrating the significant opportunities it presents for existing industry and newcomers alike. In late February, IKO Industries announced that Chester County would be the location of their first operations in South Carolina with a… Continue Reading »

RICHBURG, SC – Albemarle Corporation (Albemarle), a global leader in transforming essential resources such as lithium and bromine into critical ingredients for mobility, energy, connectivity and health, today announced plans to establish South Carolina operations in Chester County. The company will invest at least $1.3 billion and create more than 300 new jobs to construct… Continue Reading »

COLUMBIA, S.C. – Cirba Solutions, a comprehensive battery management and materials company, today announced plans to build its newest state-of-the-art, flagship operations in Richland County. This integrated lithium-ion battery materials campus will be an initial investment of over $300 million and will create more than 300 new jobs. Located at Pineview Industrial Park in Columbia,… Continue Reading »

COLUMBIA, S.C. – Scout Motors Inc. (“Scout”) is establishing its first manufacturing plant in Blythewood, which is near Columbia, South Carolina. At the Richland County site, the company will build all-electric, next-generation trucks and rugged SUVs harkening back to the iconic Scout vehicles produced from 1960 to 1980. The company’s $2 billion investment has the… Continue Reading »

CHESTER, SC – IKO, a leading, global manufacturer of roofing products, today announced plans to establish its first South Carolina operations in Chester County. The company’s $363 million investment will create 180 new jobs. Established in 1951, IKO is a worldwide leader in the roofing, waterproofing and insulation industry for residential and commercial markets. With… Continue Reading »

ROCK HILL, SC – PDM US, a manufacturer of pre-insulated copper pipes, today announced plans to expand operations and establish its world headquarters in York County. The company’s $18.5 million investment will create 25 new jobs. PDM US is a leading global pipe manufacturer and copper tube supplier. The company’s Rock Hill operations serve as… Continue Reading »

ROCK HILL, SC – Pallidus, an innovative silicon carbide (SiC) wafer semiconductor manufacturer, today announced plans to relocate its corporate headquarters and manufacturing operations to York County. The company’s $443 million investment will create 405 new jobs. Founded in 2015, Pallidus leverages its proprietary M-SiC technology to increase the quality and lower the cost to… Continue Reading »

Brian Fulk sees a lot of potential for Lancaster County and is looking forward to building on the considerable success the county already has seen in recent years as one of the fastest-growing areas in South Carolina. Fulk took the reins as the county’s Economic Development Director in October, bringing with him more than three… Continue Reading »

FORT MILL, S.C. – Element Designs, one of the leading North American manufacturers of custom aluminum frame glass cabinet doors, today announced plans to relocate its headquarters and manufacturing operations to York County. The company’s $5 million investment will bring approximately 100 new jobs to Fort Mill over the next five years. Founded in 2003… Continue Reading »

COLUMBIA, S.C. – The Ritedose Corporation, a locally owned and operated pharmaceutical manufacturer, today announced plans to expand operations in Richland County. The company’s $81 million investment will create 94 new jobs. Founded in 1995, The Ritedose Corporation operates a state-of-the-art “blow-fill-seal” (BFS) facility, where liquid-pharmaceuticals are formulated, filled and packaged for distribution. For over… Continue Reading »