Florence Business News
BUSINESS NEWS
Mortgage Rates Fall, Boosting Homebuyer Savings in Florence
Florence, SC, August 19, 2025 Florence Mortgage Solutions Florence Mortgage Solutions is a premier mortgage lending company established to serve the housing needs of residents in Florence, South Carolina. With a...
New Visitation Room Opens for Foster Families in Florence
The Jade Bridge Founded by Jennifer Danford, The Jade Bridge is an organization based in Florence, South Carolina, dedicated to supporting foster families and enhancing family reunification efforts. The organization’s...
Mortgage Rates Drop to Lowest in Ten Months
Florence Real Estate & Mortgage Services Florence Real Estate & Mortgage Services has been serving the Florence, SC community for over a decade, providing expert guidance in property sales and...
Florence Welcomes Galactic Comics as a Community Hub for Comic Book Lovers
Galactic Comics Galactic Comics, founded by Dale Poston, has rapidly established itself as one of the largest comic book retailers in Florence, spanning 18,000 square feet near the Five Points...
Record Surge in Million-Dollar Homes Across America
Luxury Real Estate Market Experts Luxury Real Estate Market Experts specializes in analyzing and providing insights into the evolving landscape of luxury housing across the United States. Established in response...
Florence Unveils New Housing Initiative for Essential Workers
Urban Development Services Urban Development Services is a community-focused organization dedicated to revitalizing neighborhoods through strategic real estate development and urban planning. With a history rooted in fostering sustainable growth,...
Chavez-Deremer and Fry Address Economic Development in SC
AESC Electric Battery Plant AESC Electric Battery Plant is a major manufacturing facility located in Florence, South Carolina. Established with an estimated investment of $1.6 billion, it focuses on producing...
New Pedestrian and Biking Trail Project in Florence and Sumter
Swamp Fox Trails (SWFT) Swamp Fox Trails (SWFT) is a nonprofit organization dedicated to developing and promoting recreational trails in South Carolina, with a focus on enhancing community health, economic...
Florence County Invests $10,000 in Collective Initiative
United Way of Florence County The United Way of Florence County has been a crucial part of the community’s social service network for over 70 years. In 2022, the organization...
Finance
Mortgage Rates Drop to Lowest in Ten Months
Florence Real Estate & Mortgage Services Florence Real Estate & Mortgage Services has been serving the Florence, SC community for over a decade, providing expert guidance in property sales and...
Canfor Closes Darlington and Estill Sawmills Amid Economic Challenges
Canfor Corp. Canfor Corporation is a Canada-based leading solid wood products company with a significant international presence, operating over 50 facilities across Canada, the United States, and Europe. Founded in...
Florence Welcomes New Headquarters for M&P Logistics
M&P Logistics LLC Founded in 2011, M&P Logistics LLC is a woman-owned logistics brokerage that has experienced rapid growth across Kentucky, Florida, and California. Recognized by Inc. magazine on the...
U.S. Job Market Overview: Resilience Amid Economic Challenges
Florence Workforce Solutions Florence Workforce Solutions is a leading employment agency dedicated to connecting skilled professionals with top-tier employers in the Florence area. Established over a decade ago, the company...
Florence’s Community Grocery Store Faces Uncertain Future
News Summary The Community Grocery Store in Florence is facing an uncertain future as Palmetto Housing plans to sell the property. Despite being a vital resource in a food desert,...
Darlington County Employees See Salaries Soar in 2024
News Summary A recent review of Darlington County’s salary records for 2024 reveals that several employees, particularly in Hartsville, are earning over $100,000 annually. This transparency sheds light on public...
Florence Sees Economic Growth in Pee Dee Region
News Summary Florence is experiencing significant economic growth, driven by over $164 million in industrial projects in 2024, resulting in more than 490 new jobs. Key developments include Amazon’s new...
CONSTRUCTION
Chavez-Deremer and Fry Address Economic Development in SC
AESC Electric Battery Plant AESC Electric Battery Plant is a major manufacturing facility located in Florence, South Carolina. Established with an estimated investment of $1.6 billion, it focuses on producing...
Florence, South Carolina Sees Rising Home Prices Amid Increased Inventory
Florence Housing Solutions Florence Housing Solutions is a prominent real estate development and consulting company based in Florence, South Carolina. Established to meet the growing demand for housing in the...
Florence County Approves New Residential Developments
Florence County Planning Commission The Florence County Planning Commission is a key governmental entity dedicated to fostering sustainable growth and development within Florence County, South Carolina. Established to oversee land...
Columbia to Unveil The Lantern Hotel in Historic Fire Station
Raines Development Raines Development, based in Florence, South Carolina, is a prominent hospitality development company recognized for creating lifestyle hotels and enriching regional hospitality landscapes. With extensive experience managing projects...
Florence Advances Infrastructure Plans Amid AESC Construction Pause
AESC (Automotive Energy Supply Corporation) AESC is a leading manufacturer of electric vehicle batteries, with a significant investment focus in South Carolina. The company originally announced an $810 million investment...
AESC Pauses Construction of Florence Battery Plant
AESC (Envision Automotive Energy Supply Co.) AESC (Envision Automotive Energy Supply Co.) is a prominent manufacturer specializing in electric vehicle battery production. Established with a significant commitment to advancing clean...
AESC Pauses Construction at Florence Battery Plant
AESC AESC is a Japanese battery technology company specializing in the development and manufacturing of advanced battery cells for electric vehicles (EVs). In 2023, AESC began constructing a major battery...
AESC Halts Construction on Florence Battery Plant Amid Market Uncertainty
AESC AESC is a Japanese battery manufacturer engaged in the development and production of electric vehicle batteries. The company has invested heavily in the United States, notably constructing a large-scale...
AESC Pauses Construction at Florence EV Factory Amid Market Uncertainty
Envision Automotive Energy Supply Co. (AESC) AESC, or Envision Automotive Energy Supply Co., is a leading manufacturer specializing in high-performance batteries for electric vehicles and energy storage systems. Established in...
Marketing
AESC Pauses Battery Cell Facility Construction in Florence
Envision Automotive Energy Supply Co. (AESC) Envision Automotive Energy Supply Co. (AESC) is a leading manufacturer specializing in battery cell production for the electric vehicle industry. Established in Florence, South...
Florence Launches KFB Trash Tracker to Combat Litter Issue
Keep Florence Beautiful Keep Florence Beautiful (KFB) is a community-focused organization dedicated to promoting environmental stewardship and enhancing the quality of life in Florence County. Established with the goal of...
Myrtle Beach Faces Thunderstorms While Florence Welcomes Publix
News Summary Myrtle Beach is bracing for strong thunderstorms with a Severe Thunderstorm Watch in effect until 5 PM. Meanwhile, Florence prepares to welcome its first Publix store, bringing 140...
Florence Regional Airport Gets New Executive Director
News Summary The Florence Regional Airport is set for a new chapter with Brad Beadles stepping in as Executive Director on January 15, 2025. Beadles aims to revitalize the airport...
Florence Regional Airport Names New Executive Director
News Summary Florence Regional Airport has appointed Brad Beadles as its new Executive Director, marking a significant step towards enhancing passenger experience and expanding airline routes. With over 14 years...
Real Estate
Mortgage Rates Fall, Boosting Homebuyer Savings in Florence
Florence, SC, August 19, 2025 Florence Mortgage Solutions Florence Mortgage Solutions is a premier mortgage lending company established to serve the housing needs of residents in Florence, South Carolina. With a...
Mortgage Rates Drop to Lowest in Ten Months
Florence Real Estate & Mortgage Services Florence Real Estate & Mortgage Services has been serving the Florence, SC community for over a decade, providing expert guidance in property sales and...
Record Surge in Million-Dollar Homes Across America
Luxury Real Estate Market Experts Luxury Real Estate Market Experts specializes in analyzing and providing insights into the evolving landscape of luxury housing across the United States. Established in response...
Florence Unveils New Housing Initiative for Essential Workers
Urban Development Services Urban Development Services is a community-focused organization dedicated to revitalizing neighborhoods through strategic real estate development and urban planning. With a history rooted in fostering sustainable growth,...
Florence, South Carolina Sees Rising Home Prices Amid Increased Inventory
Florence Housing Solutions Florence Housing Solutions is a prominent real estate development and consulting company based in Florence, South Carolina. Established to meet the growing demand for housing in the...
Top 10 Affordable Retirement Towns in South Carolina for Comfortable Living
South Carolina Retirement Towns South Carolina Retirement Towns is a regional organization dedicated to promoting affordable and high-quality retirement destinations within South Carolina. Established with a mission to enhance the...
Florence County Approves New Residential Developments
Florence County Planning Commission The Florence County Planning Commission is a key governmental entity dedicated to fostering sustainable growth and development within Florence County, South Carolina. Established to oversee land...
Octave Holdings Acquires Commons at Magnolia Shopping Center
Octave Holdings and Investments Octave Holdings and Investments is a California-based real estate investment firm specializing in commercial property acquisitions and management. With a strategic focus on retail spaces, the...
Florence Home Prices Surge Amidst Rising Inventory
Florence Real Estate Group Florence Real Estate Group has established itself as a leading authority in the Florence housing market, offering expert guidance in buying, selling, and developing residential properties....