News

FDI in Action at SelectUSA Investment Summit

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.

SC NEXUS Tech Hub One of 12 Receiving Federal Funds

On Tuesday, July 2, 2024, the U.S. Department of Commerce’s Economic Development Administration (EDA) named the SC Nexus for Advanced Resilient Energy (SC NEXUS) one of 12 tech hub recipients of the agency’s implementation funding round.

Forging Strong Canadian Ties

South Carolina is a proud member of the Southeast United States-Canadian Provinces (SEUS-CP) Alliance, which works to grow economic opportunities between the member regions.

BMW Marks 30+ Years in Upstate

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.

Governor McMaster, Secretary Lightsey Tour Germany

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.

Grants awarded to improve 10 South Carolina communities

COLUMBIA, S.C. – Ten communities from around South Carolina are receiving community development grant funds totaling more than $10.5 million for public improvement projects.

SC NEXUS one of 12 tech hubs to receive millions in federal funding

COLUMBIA, S.C. – The SC Nexus for Advanced Resilient Energy (SC NEXUS) today received $45 million in implementation grant funding through the U.S.

Schneider Electric expanding manufacturing employee base in Oconee, Richland counties

COLUMBIA, S.C. – Schneider Electric, a leader in energy management and automation, today announced it is expanding operations in Oconee and Richland counties.

ElringKlinger Group selects Pickens County to establish first South Carolina operation

COLUMBIA, S.C. – ElringKlinger Group (ElringKlinger), an automotive supplier, today announced it selects Pickens County to establish the company’s first South Carolina operation.

Carolina Handling grows South Carolina footprint with new operation in Pickens County

COLUMBIA, S.C. – Carolina Handling, a material handling systems integrator, today announced it is growing its South Carolina footprint with a new operation in Pickens County.

Princeton NuEnergy selects Chester County for first South Carolina operation

COLUMBIA, S.C. – Princeton NuEnergy (PNE), an innovative clean technology company, today announced it selects Chester County to establish the company’s first South Carolina operation.

Sandvik Coromant expanding Oconee County operations

COLUMBIA, S.C. – Sandvik Coromant, a tooling solutions supplier, today announced it is expanding operations in Oconee County.

Preparing Businesses for Hurricane Season

June 1, 2024, marked the official start of the 2024 Atlantic hurricane season, which the National Oceanic and Atmospheric Administration predicts could see “above-normal”

Showcasing South Carolina's Life Sciences Community

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.

For Business Growth and Success, SelectUSA

Foreign direct investment (FDI) is pivotal to South Carolina’s economy, accounting for more than 30% of announced economic development investments in 2023 alone.