South Carolina-Made Goods Delivered Around the World
Annual trade and export figures released by the U.S. Department of Commerce put South Carolina’s 2023 export sales at $37.3 billion, defying a national trend where U.S. exports dropped 2.2% over the same timeframe. The automotive industry remained the state’s leading export — South Carolina was once again the nation’s top exporter of tires, and a national leader in the export of completed passenger vehicles. In total, South Carolina exports reached 211 countries in 2023.
Advancing Life Sciences, from Launch to Legacy
The life sciences industry is South Carolina’s fastest growing sector, accounting for an annual economic impact of $25.7 billion. With high growth potential and average wages nearly 80% above the state’s average, the industry’s upward trajectory is part of its selection as one of three target sectors in S.C. Commerce’s new strategic framework to guide future economic development efforts, announced in January 2024.
Committed to South Carolina's Business Community, from "Launch to Legacy"
Celebrating Economic Development Achievements, Opportunities
To recognize the innovations and talent supporting South Carolina in “advancing the future, now,” The 2024 Governor’s Economic Summit united state, business and community leaders Monday, Jan. 29, 2024, setting forth South Carolina’s long-term economic development vision. In addition to remarks by Governor Henry McMaster, Secretary of Commerce Harry M.
South Carolina achieves impressive economic development in 2023, including $9.22B announced capital investment
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.
QuicksortRx grows corporate headquarters with expansion in Charleston County
Frampton Construction grows regional headquarters with Charleston County expansion
Frampton Construction, a full-service construction firm, today announced it is growing its regional headquarters with an expansion in Charleston County. The $12.9 million investment will create 69 new jobs.
Mungo Homes expanding corporate headquarters in Richland County
Mungo Homes, a home builder with communities throughout the Southeast, is expanding its corporate headquarters in Richland County. The $10 million investment will create 40 new jobs.
Mungo Homes will build a new, 20,250-square-foot facility to house marketing, human resources, information technology, accounting, purchasing and customer service teams. The new building will sit adjacent to the current headquarters, located at 441 Western Lane in Irmo, which will receive extensive renovations.
Heirloom Cloud Corporation relocating headquarters to Charleston County
Heirloom Cloud Corporation (Heirloom), a digital technology service provider, today announced plans to relocate its headquarters to Charleston County. The company’s $150,000 investment will create 19 new jobs.
Wenker, Inc. growing South Carolina presence by establishing U.S. headquarters in Greenville County
Wenker, Inc., a leading automotive supplier, today announced plans to grow its South Carolina presence by establishing its new U.S. headquarters in Greenville County. The company’s $3.1 million investment will create 27 new jobs.
Headquartered in Germany, Wenker, Inc. is an innovative metal and steel construction company. The company offers plant engineering and fabricated metal products for the automotive industry.