High-Tech

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.

OneH2, a leader in sustainable hydrogen solutions, today announced it is expanding its U.S. footprint by establishing the company’s first South Carolina operation in York County. The $16 million investment will create 87 new jobs by 2026.

QTS Data Centers (QTS), a leading global provider of colocation data center infrastructure and related services, today announced it will establish operations in York County. The $1 billion investment is the company’s first South Carolina facility and will help establish a technology hub in York County. 

On behalf of the Nexus for Advanced Resilient Energy (SC Nexus), the South Carolina Department of Commerce (S.C. Commerce) applied today for designation as one of the U.S. Department of Commerce’s Economic Development Administration’s (EDA) 20 Regional Technology and Innovation Hubs (Tech Hubs). SC Nexus represents a broad consortium which includes institutions of higher education, technical colleges, numerous state agencies, the Savannah River National Laboratory, economic development alliances and private companies, including electric utilities.

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.

Ignite Digital Services, a leading digital technology solutions company, today announced plans to establish headquarters in Charleston County. The company’s $966,426 investment will create 135 new jobs.

SEM Wafertech Inc. (SEM Wafertech) and Solar4America Technology, Inc. (Solar4America), both 100% owned by SPI Energy Co., Ltd. (NASDAQ: SPI), a global renewable energy company, today announced plans to establish their first South Carolina operations in Sumter County. The $65.9 million investment will create 300 new jobs.

Interloop, an innovative software company, today announced plans to expand its existing operations in Charleston County. The company’s $100,000 investment will create 32 new jobs over the next five years.

TIME Bicycles (TIME), a leading carbon fiber bicycle manufacturer, today announced plans to establish its first South Carolina operations in Spartanburg County to build the nation’s largest carbon fiber bicycle factory. The company’s $6.5 million investment will create 105 new jobs.