AGRIBUSINESS NEWS
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2019 Jan 24
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2018 Nov 30
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2018 Nov 14
Agribusiness Industry
Agribusiness is the true homegrown industry of South Carolina. With a 23% growth rate over the last decade, it's also one of the Palmetto State's fastest-growing industries. Contributing an annual economic impact of more than $41 billion and accounting for approximately 68,000 direct jobs statewide, agriculture products and food production are as important to our future as they have been to our past.
Temperate South Carolina is perfect for the expansion of agricultural operations. The state's growing network of agribusiness-related companies and suppliers distributed across every county in the state, includes family-owned and operated farms, large scale private farms, livestock producers, major food processors and manufacturers, wood products producers and more.
Why is SC Just Right for Agribusiness?
23%
industry growth rate over the last decade
$41.7 billion
agricultural economic impact
68,000
jobs directly supported by South Carolina's agribusiness industry
Roy Benin, ACE Bakery President“We at ACE Bakery are very excited with the opportunity Cherokee County has provided us to expand our business. The region’s growth, as well as the workforce and infrastructure, were key factors in expanding our bakery."
$485.3 million
in capital investments committed by agribusiness firms in 2018
25,000
farms in South Carolina
9.1%
of the state's total economic output is attributed to agribusiness