SC Economic Development

Luck Companies to Invest $450 Million in South CarolinaLuck Companies to Invest $450 Million in South Carolina

Luck Companies to Invest $450 Million in South Carolina

News Summary Luck Companies has announced a significant $450 million investment to expand its quarry operations in South Carolina. New…

22 hours ago
United Bankshares Acquires Piedmont Bancorp in AtlantaUnited Bankshares Acquires Piedmont Bancorp in Atlanta

United Bankshares Acquires Piedmont Bancorp in Atlanta

News Summary United Bankshares, Inc. has announced its acquisition of Piedmont Bancorp, Inc., marking its 34th acquisition. This merger will…

22 hours ago
South Carolina Set to Receive $8.19 Billion in InvestmentsSouth Carolina Set to Receive $8.19 Billion in Investments

South Carolina Set to Receive $8.19 Billion in Investments

News Summary The South Carolina Department of Commerce has announced $8.19 billion in capital investments slated for 2024, projected to…

5 days ago
Uncertainty Looms Over U.S. Manufacturing Amid Tariff TalksUncertainty Looms Over U.S. Manufacturing Amid Tariff Talks

Uncertainty Looms Over U.S. Manufacturing Amid Tariff Talks

News Summary As proposed tariffs by Donald Trump potentially disrupt the manufacturing sector, executives are evaluating their strategies in a…

5 days ago
South Carolina Small Businesses Brace for Tariff ChallengesSouth Carolina Small Businesses Brace for Tariff Challenges

South Carolina Small Businesses Brace for Tariff Challenges

News Summary Small businesses in Columbia, South Carolina, are concerned about the potential economic impact of proposed tariffs under the…

6 days ago
Charleston’s Hotel Boom Set for 2025Charleston’s Hotel Boom Set for 2025

Charleston’s Hotel Boom Set for 2025

News Summary Charleston, South Carolina, is poised for a major hotel revival in 2025, with multiple projects underway including the…

7 days ago
Raleigh Ranked Fourth Best City for Corporate HeadquartersRaleigh Ranked Fourth Best City for Corporate Headquarters

Raleigh Ranked Fourth Best City for Corporate Headquarters

News Summary Raleigh, North Carolina, has been ranked as the fourth best city for corporate headquarters in the U.S. by…

1 week ago
Blythewood’s Electric Vehicle Future at Stake as Scout Motors Battles Sales RegulationsBlythewood’s Electric Vehicle Future at Stake as Scout Motors Battles Sales Regulations

Blythewood’s Electric Vehicle Future at Stake as Scout Motors Battles Sales Regulations

Blythewood Fights for Electric Vehicle Future BLYTHEWOOD — Scout Motors, a new player in the electric vehicle market backed by…

2 weeks ago
Big Lots to Close Nearly 1,000 Stores Amid Struggles with Sales and Economic ChallengesBig Lots to Close Nearly 1,000 Stores Amid Struggles with Sales and Economic Challenges

Big Lots to Close Nearly 1,000 Stores Amid Struggles with Sales and Economic Challenges

Big Lots to Close Nearly 1,000 Stores Amid Poor Sales Charlotte, N.C. — Big Lots, the retail chain known for…

3 weeks ago
Boeing Invests $1 Billion in Charleston, South Carolina, Creating 500 New JobsBoeing Invests $1 Billion in Charleston, South Carolina, Creating 500 New Jobs

Boeing Invests $1 Billion in Charleston, South Carolina, Creating 500 New Jobs

Charleston, South Carolina: Boeing Expands Operations with $1 Billion Investment Boeing, a leading aircraft manufacturer, has announced a significant investment…

4 weeks ago