Strategic Outsourcing Inc. Announces New Headquarters in Lancaster County

Company will occupy space in the URS building in Indian Land

LANCASTER COUNTY, SC  – May 13, 2010 – The South Carolina Department of Commerce and the Lancaster County Economic Development Corporation today announced that Strategic Outsourcing Inc. (SOI) will locate its new corporate and administrative headquarters in Lancaster County. The company expects to invest $1 million as it establishes the new facility.

“We are pleased to be locating our headquarters and administrative offices in South Carolina. Lancaster County has an excellent business environment and an available, pre-existing building. The new facility will position us for future growth as our customer base continues to expand. We appreciate all the support from state and local officials as we make our plans a reality,” said Mike Wilson, chief financial officer for SOI.

SOI expects to move into the URS building in Indian Land in October. The company offers human resources, risk management, benefits and payroll services to medium- and small-sized businesses across the country.

“We continue to see companies choosing to locate new operations in South Carolina due to our state’s business-friendly climate including our low taxes and low regulatory burdens, and this announcement is further evidence of that fact.  Lancaster County continues to demonstrate that it has the resources and workforce to attract an impressive array of quality companies.  We are pleased to welcome SOI to Lancaster County and the state’s business community, and wish them much success in their endeavors here,” said Joe Taylor, Secretary of Commerce.

Earlier this week, Nutramax Laboratories Inc. and Nutramax Manufacturing Inc. announced new operations in Lancaster County with over 200 new jobs. Also this year, Greyne Custom Wood Co. and Defense Venture Group announced new operations in Lancaster County.  Last fall, Red Ventures announced and opened its new headquarters in Indian Land.

“Lancaster County is proud of the fact that SOI chose the URS Building as its new home. SOI is an outstanding company and we look forward to their relocation to Indian Land where we know they will enjoy great success for years to come,” said Lancaster County Council Chairman Rudy Carter. “We have already forged a strong relationship with the company and look forward to their continued growth and their commitment to provide career opportunities for our residents.”

Strategic Outsourcing Inc. SOI

Based in Charlotte, N.C. and active in the professional employer services industry since 1990, SOI has emerged as one of the leading PEOs in the United States. For small and medium-sized employers in a broad range of industries, the company serves as a comprehensive, integrated human resource department. The company’s concept facilitates its customers’ access to affordable healthcare and workers compensation benefits for their employees via connections to “blue-chip” service providers otherwise out of reach. The company provides expertise in human resources and compliance, risk management, employee benefits, payroll processing and information technologies. For more information, visit SOI’s website at www.soi.com.

The S.C. Department of Commerce works closely with economic development professionals throughout the state to recruit new jobs and investments and help existing businesses grow. Commerce has been recognized for its success in the areas of job creation and economic impact by Area Development and Business Facilities magazines. The S.C. Department of Commerce was one of 10 state economic development organizations to receive Area Development’s Silver Shovel Award in 2009 and Commerce received the 2009 Deal of the Year award from Business Facilities magazine. Commerce received the top prize for Boeing’s selection of North Charleston for the company’s second final assembly plant for the 787 Dreamliner program.  In addition to job and investment recruitment, the agency provides a range of business support services, offers grants for community development and infrastructure improvements, and provides tools to enhance workforce skills. For more information, visit www.SCcommerce.com.