Florence Business News
BUSINESS NEWS
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...
AESC Halts Construction at Florence County Battery Factory
Automotive Energy Supply Co. (AESC) Automotive Energy Supply Co. (AESC) is a Japanese electric vehicle battery technology company established to supply advanced battery cells to major automotive manufacturers such as...
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 Battery Factory in Florence
Automotive Energy Supply Corporation (AESC) Automotive Energy Supply Corporation (AESC) is a leading international manufacturer of electric vehicle batteries, with facilities spanning countries such as China, the UK, France, Spain,...
Florence, SC Weather and Gas Price Update
Florence Fuel & Gas Co. Florence Fuel & Gas Co. has been serving the Florence, SC community for over two decades, establishing itself as a reliable provider of fuel and...
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...
Finance
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
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...
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 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....
New Shopping Center to Open in Florence by 2026
News Summary Florence residents are set to welcome a brand new shopping center anchored by Publix, opening in late 2026. The center will feature retail spaces and dining options, creating...
Florence Expands with New Subdivisions Amidst Water Challenges
News Summary Florence is experiencing rapid growth with the approval of multiple new subdivisions, set to add over 1,900 new homes. However, residents express concerns about water quality issues, including...
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
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....
Florence Enhances Community with Housing Initiatives
News Summary Florence’s Housing Authority is revitalizing old buildings in East Florence to create community-centered housing initiatives. With a focus on homeownership and critical repairs, community members can expect improved...
Florence Expands with New Subdivisions Amidst Water Challenges
News Summary Florence is experiencing rapid growth with the approval of multiple new subdivisions, set to add over 1,900 new homes. However, residents express concerns about water quality issues, including...
New Developments Transform Florence, SC Downtown
News Summary Florence, South Carolina, is on the brink of transformation with several new developments aimed at revitalizing its downtown area. A new four-story parking deck has recently opened, serving...
Florence Homebuyers Face Challenges Amid Housing Inventory Surge
News Summary Florence’s real estate market witnesses an 88% increase in housing inventory compared to last year, which seems beneficial for buyers. However, despite a 10% drop in median home...
New Homes Approved in Florence: Planning Commission’s Green Light
News Summary The Florence Planning Commission approved sketch plans for two new subdivisions on February 11, 2025, bringing 628 new homes to West and South Florence. Hunter’s Ridge will feature...
Florence County Planning Commission Approves New Homes in Quinby
News Summary The Florence County Planning Commission has approved a sketch plan for a new subdivision in Quinby, set to feature 194 homes across 74 acres. This development aims to...
Florence’s Home Inventory Soars: An Insight into the Market
News Summary Florence has seen a remarkable 76.3% surge in home inventory, reaching 386 homes for sale as of December 2024. The Pee Dee market also experienced a 65.8% increase,...
New 109-Home Subdivision Proposed in Florence
News Summary The Florence Planning Commission has approved plans for a new subdivision on Meadors Road, set to feature 109 single-family homes. Named Retreat at Oakdale, the development will span...
