May 2018 Features
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South Carolina Ports Posts Fiscal Year Growth
May 31, 2018
SCPA’s strong container volume was also reflected in April volumes at Inland Port Greer. The facility handled 9,577 rail moves last month for a fiscal year-to-date total of 96,937 lifts.
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Governor McMaster Vetoes Jobs Bill
May 29, 2018
South Carolina Governor Henry McMaster vetoed legislation that expands the nonviolent crimes ex-cons can get removed from their records. In a letter, McMaster says the legislation would also allow individuals to expunge multiple criminal convictions in certain instances.
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U.S. CEOs' Confidence Soars As Hunt For Sustained Growth Continues
May 29, 2018
U.S. chief executives are highly confident in the growth prospects for their companies over the next three years and will focus on M&A and collaborative efforts such as accelerator or incubator programs for startup firms to achieve sustained growth, according to a study released today by KPMG LLP, the U.S. audit, tax, and advisory firm.
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United Community Bank Launches United Heroes Mortgage Program
May 24, 2018
United Community Bank has launched a special mortgage savings program designed to recognize the everyday heroes in our communities. The program, called United Heroes, offers reduced fees and other savings for home mortgages. Participants can save up to $1,300 as part of the program.
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Keith L. Belli Named Dean of Clemson’s College of Agriculture, Forestry and Life Sciences
May 23, 2018
Keith L. Belli, the head of the University of Tennessee’s Department of Forestry, Wildlife and Fisheries, has been named dean of Clemson University’s College of Agriculture, Forestry and Life Sciences. He will assume his new role Sept. 1, succeeding George R. Askew Jr., who will continue to serve as vice president of Clemson Public Service and Agriculture.
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S.C. Unemployment Rate Down, But So Is Labor Force
May 22, 2018
The unemployment rate was down in every South Carolina county in April as the number of people looking for work dropped significantly.
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Zillow: Federal Tax Cut Will Inject Nearly $40B into the Housing Market
May 21, 2018
The Tax Cuts and Jobs Act enacted at the end of last year could result in tens of billions of dollars being reinvested into the housing market, according to the Zillow Housing Aspirations Report. This is despite the fact that legislation expressly limited a number of longstanding tax benefits for homeowners.
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South Carolina based EDTS and EDTS Cyber Expand to Charleston and Charlotte to Meet Demand for Managed IT and Cybersecurity Services
May 18, 2018
Nationally ranked cybersecurity firm EDTS Cyber, LLC, along with its affiliate EDTS, LLC, an 8-time Inc. 5000 Managed Services Provider, have expanded their operations to the Charleston, SC and Charlotte, NC Metropolitan areas.
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S.C. Industrial Real Estate Remains Strong, with Help from Port
May 15, 2018
Industrial real estate markets across South Carolina continue to show strength, thanks in no small part to the growth of the Port of Charleston. Colliers International Group issued quarterly analysis for the Charleston, Columbia and Greenville-Spartanburg-Anderson industrial markets. It also put out a statewide report and an analysis of U.S. industrial seaports.
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S.C. Governor Signs Insurer Cyber Security into Law
May 14, 2018
“This sets South Carolina apart and shows we are dedicated to keeping insurance information safe. In this day where cybersecurity breaches are a real and ongoing threat it is best to take a proactive approach to protecting data before there is an issue, rather than trying to fix a breach once it has happened.”
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Clemson Awards 1,800 Degrees, Honorary Doctorate to U.N. Ambassador Nikki Haley
May 11, 2018
Clemson University conferred more than 1,800 degrees during two commencement ceremonies on Thursday. Among the recipients was Nikki Haley (’94), U.S. ambassador to the United Nations and Clemson alumna, who was awarded an honorary doctorate in humanities.
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SCE&G Replaces More Than 40% of Its Nuclear Project Capacity with Purchase of Natural-Gas-Fired Power Plant
May 10, 2018
South Carolina Electric & Gas Company, principal subsidiary of SCANA Corp., announced that it has completed purchase of the Columbia Energy Center, a natural-gas-fired power plant in Gaston, S.C. (Calhoun County), from LS Power for approximately $180 million.
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Tax Reform Brings Cheer to S.C. Breweries
May 08, 2018
On May 11, R.J. Rockers Brewing Co. in Spartanburg will be celebrating its 21st birthday – a significant date because the beermaker will now be “legal,” so to speak.
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TEDxUofSC Announced; Speaker Nominations Now Open
May 04, 2018
The University of South Carolina announced Thursday that it will host its inaugural TEDxUofSC Oct. 9. The university’s event will feature an array of short, powerful live talks and performances for the community and campus.
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Available Jobs Increase across the State of SC in April
May 04, 2018
“South Carolina businesses are booming. Record numbers of people are working across the state taking advantage of the good paying jobs that our businesses are providing,” said Cheryl Stanton, executive director of the S.C. Department of Employment and Workforce.
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Haynsworth Sinkler Boyd Attorneys Named in 2018 South Carolina Super Lawyers
May 01, 2018
Haynsworth Sinkler Boyd announced that 36 attorneys have been selected to the 2018 South Carolina Super Lawyers and South Carolina Rising Stars lists.