Advanced Materials

COLUMBIA, S.C. – Fenner Precision Polymers (Fenner), a leader in reinforced polymer technology, today announced it selects Cherokee County to establish the company’s new South Carolina operation. The approximately $30 million investment will create 51 new jobs.

COLUMBIA, S.C. – PRET Advanced Materials, LLC (PRET), a leading advanced materials company, today announced it is expanding its operations in Florence County. The company’s $18.5 million investment will create 74 new jobs.

Headquartered in Johnsonville, PRET is one of the leading compounders and suppliers of thermoplastic resins in North America. The company’s South Carolina facility has operated continuously since 1955.

COLUMBIA, S.C. – Arclin, a materials science company, today announced it is expanding its operations in Dillon County. The company’s more than $60 million investment will create over 30 new jobs. 

Eaton, a global leader in intelligent power management technologies, today announced it is growing its South Carolina footprint with new operations in Union County. The company’s $340 million investment will create 700 new jobs and establish a new manufacturing facility for three-phase transformers, critical to the nation’s power grid and across industries.

South Carolina is built for the new economy. Industry magazine Business Facilities recently recognized the state for many of the attributes C-Suite executives and small business owners alike have already come to appreciate.

Foreign direct investment (FDI) is pivotal to South Carolina’s economy, accounting for more than 30% of announced economic development investments in 2023 alone. Today, over 1,100 internationally owned operations exist statewide — even for those with locations throughout the world, South Carolina-based operations stand out in helping drive global success.

When a state is rich in natural beauty, from the rolling foothills of the Appalachian Mountains to scenic sandy beaches, it’s hard to keep many destinations a secret. The word has long been out that South Carolina is a top stop, with its world-class golf courses and reigning destination cities, to name just a few.

On April 1, 2024, S.C. Commerce named Annie Caggiano the agency’s new Global Business Development director. Caggiano, who is on her second stint with S.C. Commerce and previously served as a business recruitment manager, brings nearly 20 years of economic development experience to the role.

COLUMBIA, S.C. – Capital Concrete Co., a construction materials supplier, today announced it is growing its South Carolina footprint with a new operation in Fairfield County. The company’s $8.25 million investment will create 17 new jobs.

On the heels of a record-setting 2022, economic development throughout South Carolina showed few signs of slowing down in 2023. On Thursday, Jan. 4, 2024, S.C. Commerce announced its 2023 recruitment results, highlighted by a total capital investment of $9.22 billion — the second-highest amount in state history.