Explore the economic landscape of South Carolina with in-depth business news coverage. From the booming real estate market to the innovative manufacturing sector, we track the trends, deals, and economic policies shaping the state’s economy. Our coverage includes profiles of leading companies, analyses of business climates across various industries, and updates on educational initiatives that prepare the workforce for the future. Whether you’re a business professional or interested in the state’s economic health, our news provides valuable insights into South Carolina’s business world.
News Summary Seibels Bruce & Company, one of the oldest insurance companies in the South, officially dissolved on December 30, 2024. Founded in 1869, the
News Summary Oconee Federal Financial Corp. has announced impressive financial results for Q4 2024, reporting a net income of $978,000 and completing the acquisition of
News Summary Ingevity Corporation is examining strategic alternatives for its Performance Chemicals Industrial Specialties product line, potentially including a divestiture. This move aims to refocus
News Summary Infinity Real Estate Partners and American South Capital Partners have acquired an $18.75 million portfolio of affordable housing in the Carolinas, consisting of
News Summary Columbia and Greenville’s Benedict College and Goodwill Industries have teamed up to launch the NxLevel Business Accelerator Program. This 10-week initiative provides crucial
News Summary Cardiff Products Corporation, a Canadian beverage manufacturer, is opening its first facility in Lexington County, South Carolina. The company will invest $99.6 million
News Summary Kohl’s has announced the closure of 27 underperforming stores across the United States as part of a strategy to improve its financial health.
News Summary GreenGasUSA and Pilgrim’s Pride have teamed up to initiate a renewable natural gas project in Sumter, South Carolina. This groundbreaking project will convert
News Summary In a surprising twist, South Carolina has dethroned Texas as the most popular moving destination in 2024, according to U-Haul’s annual Growth Index.
News Summary Small businesses in 14 states and 2 territories affected by severe weather in 2024 are reminded of upcoming tax deadlines. Extensions have been
