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.

In mid-July, Deputy Secretary of Commerce Ashely Teasdel and S.C. Commerce led a state delegation throughout the United Kingdom. The mission trip helped grow bilateral collaboration, strengthen economic ties and build trade relations — continuing to advance the December 2022 memorandum of understanding between the two economies.

South Carolina was proud to join the Southeast United States-Canadian Provinces (SEUS-CP) Alliance at the 2024 SEUS-CP Conference, an annual event with the focus of growing economic opportunities between the member regions. Hosted in Biloxi, Mississippi, state and provincial representatives gathered for three days of networking and pivotal industry discussions, including advanced manufacturing technologies and the changing landscapes of ports.

For over three decades, BMW has given South Carolina plenty to celebrate and Friday, June 21, 2024 — just days before the company’s 32nd anniversary of its initial investment announcement in the state — the German automaker delivered again.

With a focus on FDI and promoting the benefits of doing business in South Carolina, S.C. Commerce representatives led a diverse state delegation at the 2024 SelectUSA Investment Summit June 23-26, 2024, in National Harbor, Maryland.

Tag der Industrie (TDI), also known as the “Day of German Industry,” is Germany’s most prominent celebration and gathering of the European nation's industry leaders, business executives and economic policymakers.

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.

The life sciences industry has built a solid foothold in South Carolina, where today it ranks as the Southeast’s fastest-growing life sciences ecosystem according to the U.S. Bureau of Labor Statistics.