High-Tech

BMW announced today that the company is expanding its Spartanburg County operations with the construction of a new press shop. The $200 million investment will create 200 new jobs.

The 219,000-square-foot press shop – located on the BMW Plant Spartanburg campus – will take raw coils of steel, cut them into blanks and stamp sheet metal parts for future BMW models. These components include hang-on parts such as the vehicles’ four doors, fenders, exterior body sides and lift gate.

Blue Diamond Industries, a subsidiary of Hexatronic Group AB in Sweden and a manufacturer of high-density polyethylene (HDPE) conduit materials for the protection of fiber optic, data and power cables, today announced the formalization on establishing operations in Laurens County.

Greenidge Generation Holdings Inc. (Greenidge Generation), a vertically integrated cryptocurrency mining and power generation company committed to 100% carbon-neutral datacenter operations, today announced plans to develop a new cryptocurrency datacenter in Spartanburg County. The $264 million investment will create 40 new tech-sector jobs.

The South Carolina Department of Commerce Office of Innovation today announced its 2022 Relentless Challenge grant recipients, totaling $473,000 granted to 10 organizations around the state. With the mission of progressing and supporting technology-based economic development projects, commercialization of new ideas and the next generation of industry-leading companies, the Relentless Challenge grant series targets strategic investments in localized initiatives.

MycoWorks, a biotechnology company that specializes in mycelium-grown materials for use as sustainable, luxury-quality leather alternatives, today announced plans to establish operations in Union County. The company’s $107 million investment will create 400 new jobs.

Westinghouse, a leading global supplier of safe and innovative nuclear technology, today announced plans to support and grow operations in Richland County. The company is investing $131 million into the project.

The South Carolina Department of Commerce’s Office of Innovation has partnered with Venture Carolina, a nonprofit dedicated to bridging the funding gap between investors and entrepreneurs, to launch a pilot fellowship program to create more local accredited investors, expanding risk-capital accessibility for early-stage startups in South Carolina.

Evolt, a digital body composition analytic company, today announced plans to establish operations in Charleston County. The more than $100,000 investment will create 80 new jobs.

Founded in 2015 in Gold Coast, Australia, Evolt is a global, innovative wellness company that uses an evidence-based approach to its development and practical use. The company offers unique, end-to-end solutions that track body composition, activity and nutrition including sophisticated data analytics.

Luxor Scientific, LLC (Luxor), a full-service clinical laboratory, today announced plans to expand operations in Greenville. The more than $3.2 million investment will create 54 new jobs.

Serving clients nationwide, Luxor is a laboratory that specializes in infectious disease, immunology, integrated oncology and genetics, chemistry and hematology research. The company is comprised of recognized experts in providing cutting-edge scientific solutions to better serve the health care community.

COLUMBIA, S.C. – The S.C. Department of Commerce Office of Innovation, in partnership with the South Carolina Jobs-Economic Development Authority (JEDA) and 3Phase, today announced the launch of the state’s first Phase IIB Match Fund for Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants.