Features

• Google’s Investment in South Carolina Exceeds $2B

  February 18, 2019

  Governor Henry McMaster joined state and local officials both to celebrate Google’s 10-year anniversary in Berkeley County and to announce that the company has invested more than $2.4 billion in South Carolina. Google’s ongoing investment is one of the largest in South Carolina history.

• Senator Tim Scott Passes More Sections of His Large Federal Lands Package

  February 13, 2019

  “This is an exciting day for South Carolina, as the Fort Sumter and Fort Moultrie National Historical Park Act will help ensure the preservation of these important sites for generations to come,” Senator Scott said. “I look forward to the overall legislation passing the House and heading to the President’s desk for signature.”

• State Treasurer Promotes Richards H. Green as New Commissioner of Banking

  February 12, 2019

  Green graduated from Presbyterian College in 1998 and has completed corporate and executive leadership development programs with the Federal Deposit Insurance Corporation and the Conference of State Bank Supervisors. He also completed Graduate School of Bank Investments and Financial Management with the Darla Moore School of Business at the University of South Carolina.

• SCBIO Adds 10 Life Sciences Industry Leaders to Board of Directors from Across Palmetto State

  February 11, 2019

  Less than two years after initiating a comprehensive relaunch of the state’s official life sciences organization, SCBIO has expanded its Board of Directors for its 501c6 operational entity and added a second 10-member Board for its 501c3 research and educational arm for 2019.

• BB&T and SunTrust to Combine in Merger of Equals to Create Premier Financial Institution

  February 08, 2019

  The pro forma company will have approximately $442 billion in assets, $301 billion in loans, and $324 billion in deposits serving more than 10 million households in the United States, with leading market share in many of the most attractive, high-growth markets in the country.

• Scott, Coons Introduce Legislation to Strengthen Partnerships between HBCUs and Federal Agencies

  February 07, 2019

  The HBCU PARTNERS Act builds on the President’s 2017 executive order on HBCUs. It will require federal agencies with relevant grants and programs to undertake annual planning and coordinate their efforts to support and expand HBCU participation those programs.

• 2019 Business Outlook Survey Report: Confidence Outlook Takes a Tumble

  February 05, 2019

  Only 34 percent of executives who responded to the survey expect business conditions in the U.S. to improve in the next year. Last year, nearly 80 percent predicted improvement.

• Equifax to Provide Free Credit Report Service to Consumers Impacted by Partial Government Shutdown

  February 05, 2019

  Equifax Inc., a global information solutions company, announced that it will provide a free credit report service to consumers employed by the federal government who were impacted by the partial shutdown.

• SC Chamber Foundation Report Offers Strategies For Businesses To Control Rising Healthcare Costs

  February 04, 2019

  The report was created by the Healthcare Task Force of the SC Chamber Foundation in response to years of business surveys showing that the rising cost of healthcare consistently ranks among the most challenging issues facing the business community.

• Grants to Nurture Clemson Technology Development

  February 01, 2019

  The Clemson University Research Foundation (CURF) has announced six researchers will receive Technology Maturation Fund grants to support the last critical step in technology development.

• South Carolina Personnel Administrator of the Year Named

  January 31, 2019

  This statewide award is presented to a personnel director at the district level. The award recognizes involvement with regional or statewide SCASA educational issues, and the nominee's impact on improvement in his or her school district.

• 2019 Kicks Off with a Slight Increase in Small Business Hiring and Wage Growth

  January 31, 2019

  The Paychex | IHS Markit Small Business Employment Watch started the new year with slight gains in small business job and hourly earnings growth. The Small Business Jobs Index increased 0.04 percent in January to 98.92, though it remains down 0.96 year-over-year.

• Glassdoor Reveals The 50 Best Jobs In America For 2019

  January 30, 2019

  With millions of U.S. workers looking for new jobs in the new year, Glassdoor, one of the world's largest job and recruiting sites, announced its annual jobs report identifying the 50 Best Jobs in America for 2019.

• Elliott Davis Announces Expansion of Corporate Headquarters in South Carolina

  January 29, 2019

  Elliott Davis, a leading business solutions firm with nine offices across the Southeast and nearly 800 employees, announced plans to move its corporate headquarters from the current location at 200 East Broad Street in downtown Greenville to a larger, more modern space at 435 South Main Street in the new Falls Tower building within the Camperdown development.

• Sam Baxter and John Griggs Take New Leadership Roles for Synovus in South Carolina

  January 29, 2019

  Two Synovus leaders in the South Carolina market have new roles in the organization. Sam Baxter was named senior director of Private Wealth for South Carolina, and John C. Griggs III was named South Carolina Central Region market executive, succeeding Baxter.

• State of the State Address As Prepared for Delivery, Sending $200 Million Back to Taxpayers

  January 25, 2019

  "This year, our vigorous economy created a budget surplus. My executive budget sends $200 million of this surplus back to South Carolina taxpayers in the form of a one-time rebate check."

• Kevin Shwedo to Continue Leading S.C. Department of Motor Vehicles

  January 23, 2019

  “Kevin Shwedo knows the importance of customer service at the Department of Motor Vehicles and has a passion for making sure each and every South Carolinian who walks in the door has a productive and efficient experience,” said Gov. Henry McMaster.

• Five Site Location Factors to Consider When Locating

  January 22, 2019

  It is important to remember that not every state, county or city are alike and characteristics will vary significantly. The location will greatly affect the project’s development cost and schedule, and long-term success.

• In 2019, CEOs are Most Concerned About Talent and a Recession

  January 21, 2019

  A new global survey reveals that CEOs view a recession as their biggest external concern for 2019. They cited attracting and retaining talent as their top internal concern.

• Leaders Request State Agency to Develop New Education Funding Formula

  January 18, 2019

  The report and newly suggested formula will be used by the governor, Speaker of the House, President of the Senate, and other members of the General Assembly as they work together to pass reform measures.

• NCAA Tourney to Bring Thousands of Fans, Millions of Dollars to the State

  January 17, 2019

  “No question it’s new money and you’ll have a significant number of people from out of town,” said Dr. Tom Regan, graduate director with the University of South Carolina College of Hospitality, Retail and Sport Management.

• Gov. Henry McMaster Unveils Fiscal Year 2019-20 Executive Budget

  January 16, 2019

  Governor Henry McMaster today announced the FY 2019-20 Executive Budget - a fiscally responsible budget that invests heavily in K-12 education, returns $200 million of surplus funds back to the taxpayers who earned it, and proposes a path toward freezing tuition at South Carolina’s institutions of higher learning.

• South Carolina Human Trafficking Task Force Annual Report Released

  January 14, 2019

  Human trafficking is the second largest crime worldwide, behind drug trafficking and tied with arms dealing. It’s often referred to as modern day slavery and it poses massive human rights, public safety, and public health concerns across the nation, including in South Carolina.

• South Carolina Airbnb Hosts Earned $111M in 2018 Amid Continued Hotel Growth

  January 11, 2019

  Airbnb, the world’s leading community driven hospitality company, announced that its South Carolina host community earned a combined $111 million in supplemental income while welcoming approximately 695,000 guest arrivals to the state in 2018.

• More Than 50,000 Square Miles of LTE Coverage Added in SC to Support AT&T and FirstNet Users

  January 10, 2019

  AT&T customers and FirstNet subscribers got a big boost in wireless connectivity last year. They increased the LTE coverage area for the AT&T network and FirstNet public safety communications platform by more than 50,000 square miles nationwide, covering an additional 1 million individuals.

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