SC Economic Development

Georgetown Faces Economic Crisis After Paper Mill Closure

News Summary The Georgetown community is reeling from the announcement that International Paper will close its mill at the end…

2 months ago

Columbia Strengthens Trade Relations with Canada

News Summary Columbia, South Carolina, is witnessing a significant enhancement in trade relations with Canada, marked by an economic impact…

2 months ago

Eaton Invests $340 Million in Jonesville, SC Manufacturing Facility

News Summary Eaton has announced a significant $340 million investment to build a new manufacturing facility in Jonesville, South Carolina.…

2 months ago

Pittsylvania County Welcomes New Tech Center from TECHnista LLC

News Summary Pittsylvania County, Virginia, is set to welcome a new technology and training center from TECHnista LLC, which will…

2 months ago

Pallidus Inc. Faces Major Layoffs and Expansion Cancellations

News Summary Pallidus Inc., a semiconductor startup in Albany, has laid off 37 employees, marking a 44% reduction in its…

2 months ago

South Carolina’s Timber Industry Faces Tough Times

News Summary The timber industry in South Carolina is experiencing significant challenges, with recent mill closures and a marked decline…

2 months ago

South Carolina and Canada Strengthen Trade Relations

News Summary South Carolina and Canada have reached a historic trade milestone, with investments hitting $5 billion, the highest in…

2 months ago

Optus Bank Expands Operations in Upstate South Carolina

News Summary Optus Bank, the first Black-owned bank in South Carolina, is expanding its operations to the Upstate region, focusing…

2 months ago

South Carolina Sets Vision for Manufacturing Growth by 2025

News Summary The South Carolina Manufacturers Alliance has unveiled a strategic vision for the state's manufacturing sector by 2025. This…

2 months ago