MUSC Health welcomes four community hospitals to system

  March 3, 2019

Acquisition accelerates transformation and growth for health care delivery, research, education The Medical University of South Carolina Hospital Authority (MUSC Health) has completed the purchase of four South Carolina hospitals…

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South Street Partners announces acquisition of The Cliffs

  March 1, 2019

Leading investment firm purchases The Cliffs, a portfolio of seven private clubs and six private luxury real estate communities in the remarkable western Carolina mountains.   South Street Partners announced…

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2019 Economic Forecast predicts strong growth

  February 27, 2019

The Charleston Metro Chamber presented the 2019 Economic Forecast at their 28th Annual Economic Outlook Conference. The forecast for the Charleston region is a partnership project between the Charleston Metro Chamber of Commerce’s Center for Business…

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SCRA & SC Launch celebrate $1 billion in follow-on funding for SC-based companies

  February 21, 2019

SCRA, a public, non-profit corporation that fuels South Carolina’s innovation economy, celebrated a milestone of $1 billion of follow-on capital secured by Client Companies in the SC Launch Program. SC Launch, SCRA’s…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, economic-development, headlines, hi-tech-information-tech, on-the-move

Charleston Distilling expanding operations in Charleston County

  February 21, 2019

$4.2 million investment will include new distillation capabilities and more Charleston Distilling announced a $4.2 million investment in its Charleston County operations. The expansion is projected to create an additional…

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LS3P congratulates Brian Wurst, FAIA on elevation to Fellowship in the AIA

  February 19, 2019

LS3P congratulates Vice President and Principal Brian Wurst, FAIA, on his elevation to Fellowship in the American Institute of Architects (AIA), the organization’s highest member honor which recognizes exemplary contributions…

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Tourism in South Carolina breaks records

  February 18, 2019

Tourism is now a $22.6 billion industry in South Carolina, representing a $1.4 billion increase over the previous year and a 50 percent increase since 2010, according to estimates released…

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Google’s investment in South Carolina exceeds $2 billion

  February 17, 2019

State and Local Leaders Gathered at Data Center to Celebrate Company’s 10 Years in Berkeley County and Ongoing Investments Governor Henry McMaster joined state and local officials both to celebrate…

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Forts Sumter and Moultrie legislation passes U.S. Senate

  February 12, 2019

This afternoon the United States Senate passed U.S. Senator Tim Scott’s (R-SC) Fort Sumter and Fort Moultrie National Historical Park Act as part of a larger federal lands package. Scott’s…

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Ambassador Nikki R. Haley to Chair Original Six Foundation

  February 12, 2019

Non-Profit Serving Rural South Carolina Students Announces New Board, Staff, and Expansion of Programs The Original Six Foundation (The O6 Foundation) announced that the organization’s founder, Ambassador Nikki R. Haley,…

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BB&T and SunTrust to combine in merger of equals

  February 7, 2019

Combination of two franchises creates sixth-largest U.S. bank holding company with 275 years of combined history and culture serving clients and communities in high-growth markets Estimated net cost synergies of…

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SC Ports Authority handles record January container volume

  February 6, 2019

South Carolina Ports Authority announced the strongest January on record and 12.5 percent fiscal year-over-year growth of container volume. SCPA handled 205,689 twenty-foot equivalent container units (TEUs) last month. Since…

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SC Ports Authority celebrates headquarters dedication

  January 29, 2019

SCPA’s new 80,000-square-foot headquarters is a modern, open building housing approximately 160 employees at the Wando Welch Terminal.   The South Carolina Ports Authority celebrated the dedication of a new…

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State of the State Address – January 2019

  January 24, 2019

As Prepared for Delivery Wednesday, January 23, 2019 The State House, Columbia Ladies and gentlemen, I thank you all for being here tonight, those in this magnificent building as well…

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Gov. Henry McMaster announces South Carolina’s next Adjutant General

  January 18, 2019

Governor Henry McMaster announced that Major General R. Van McCarty will be South Carolina’s next Adjutant General. Maj. Gen. McCarty will become the first Adjutant General appointed by a governor…

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Lumos Networks and Spirit Communications rebrand as SEGRA

  January 14, 2019

New name marks launch of combined company dedicated to customers and employees Lumos Networks Corp. and Spirit Communications announced that the two companies have been rebranded as SEGRASM. In announcing…

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Ken May to retire from S.C. Arts Commission after 33 years

  January 14, 2019

Ken May will retire from leading the South Carolina Arts Commission in 2019 after 33 years working to improve equity in and access to the state’s arts, culture, and traditions.…

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Graham elected Chairman of the Senate Judiciary Committee

  January 9, 2019

United States Senator Lindsey Graham (R-South Carolina) has been elected to serve as the Chairman of the Senate Judiciary Committee. Established in 1816 as one of the original standing committees…

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Vizbii Technologies receives SC Launch, Inc. investment

  January 8, 2019

SCRA announces an SC Launch, Inc. investment in Charleston-based Vizbii Technologies. The $200,000 investment is the first for the company that was accepted into SC Launch, SCRA’s entrepreneurial program, in…

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TCCC CEO stepping down in mid-2019 

  January 7, 2019

John C. Read, CEO of Tri-County Cradle to Career Collaborative, intends to step down from the position later this year. When Read was offered the position, he indicated a willingness to…

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Former Congressman Trey Gowdy and senior staff join Nelson Mullins

  January 3, 2019

Nelson Mullins Riley & Scarborough LLP and Congressman Trey Gowdy, who most recently represented South Carolina’s 4th District in the U.S. House of Representatives, announced the Congressman has joined the…

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VTL Precision expanding Lowcountry presence

  January 3, 2019

$8.2 million investment to house new business line in Goose Creek, S.C. VTL Precision, a leading developer and manufacturer of precision-engineered engine, transmission and turbocharger components for the commercial vehicle…

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Dominion Energy combines with SCANA Corporation

  January 2, 2019

Dominion Energy, Inc. (NYSE: D), and SCANA Corporation announced that they have completed their proposed merger, benefiting customers and communities in Georgia, North Carolina and South Carolina. Thomas F. Farrell,…

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Charleston International tops 4 million passengers

  December 20, 2018

It’s a new record! More than 4.1 million people have flown in and out of Charleston International Airport so far this year. In November, just over 400,000 people flew in and…

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Charles River Labs expanding Charleston County operations

  December 20, 2018

Pre-clinical and Laboratory Services Company Creating Approximately 180 New Jobs Charles River Labs, a leading, full-service drug discovery and early-stage development company, announced an expansion of its existing Charleston County…

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Ascend Performance Materials growing Greenwood County operations

  December 18, 2018

Chemical provider investing $35.2 million to accommodate continued growth Ascend Performance Materials (Ascend), a global provider of high-quality fibers, chemicals and plastics, is expanding its Greenwood County operations once again. To…

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PSC issues decision approve the SCANA/Dominion merger

  December 14, 2018

The Public Service Commission held a Commission Business Meeting on December 14, 2018 to issue its ruling regarding pending SCE&G Matters.  The PCS provided the last approval needed for Dominion…

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$25 million BUILD grant awarded to improve South Carolina’s supply chain

  December 14, 2018

The United States Department of Transportation (USDOT) announced a $25 million Better Utilizing Investments to Leverage Development (BUILD) grant to support the expansion at South Carolina Ports Authority’s (SCPA) Inland Port…

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SC Ports achieves record November

  December 13, 2018

The South Carolina Ports Authority (SCPA) announced the strongest November in its history, with 15 percent growth over the same month last year. The Port handled 188,585 twenty-foot equivalent units…

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Owens Corning establishes new operations in Richland County

  December 13, 2018

Manufacturing Acquisition Results in $13.6 Million Investment Owens Corning, a developer and producer of insulation, roofing and fiberglass composites, has acquired an existing manufacturing facility in Blythewood, S.C., where it…

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SimpliPhy receives SC Launch, Inc. investment

  December 11, 2018

Greenville-based SimpliPhy, Inc. recently received a $200,000 SC Launch, Inc. investment. This is the first investment for the company that was accepted into SCRA’s entrepreneurial program, SC Launch, in early…

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DeepBD launching its first Charleston County operations

  December 6, 2018

High-tech artificial intelligence company creating 30 new jobs DeepBD, a developer and operator of artificial intelligence platforms, announced new operations in Charleston County. The company’s $1.6 million investment is projected…

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Liberty Fellowship announces 15th Class of Fellows

  December 4, 2018

Bringing experience that stretches from Cameroon to the Arctic Circle, the 21 new Liberty Fellows are accomplished leaders who have committed to work collectively to push South Carolina toward its…

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Mungo Homes acquired by Clayton Properties Group

  December 3, 2018

Family-Owned Mungo Homes Joins Clayton’s Family of Builders Clayton Properties Group®, a division of Clayton Home Building Group® and a Berkshire Hathaway company, today acquired nationally recognized Mungo Homes (Mungo).…

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Bosch expanding Anderson County operations

  December 1, 2018

Company investing additional $45 million in facility Bosch, a leading global supplier of technology and services, is expanding its existing Anderson County operations. To accommodate the company’s continued growth, Bosch…

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