From record expansions to ribbon cuttings, 2022 has been a year of economic wins and celebrations in all corners of South Carolina. Not only has the state been successful in recruiting new industry, but S.C.'s existing companies continue to grow and thrive, expanding their footprints across the state.
South Carolina’s longtime relationship with Japan was on full display at the 44th annual Southeast United States (SEUS)-Japan Association in Florida last month.
A cornerstone of South Carolina’s economic development efforts is ability key players have to work together. The state has a proven ability to work together – quickly and efficiently – to recruit new companies and to grow existing industry across South Carolina.
A revolution in the automotive industry is underway, and South Carolina is helping lead the charge. Already known as an automotive powerhouse that boasts some of the world’s biggest names, South Carolina is now a major driver in the electric vehicle (EV) shift – with a growing roster of automotive companies making commitments to build next-generation vehicles in the state.
South Carolina’s pro-business environment has been attracting companies the world over for decades, and as a result, the state has become a top destination for foreign direct investment.
Of the many countries that South Carolina has strong business and trade ties, Korean companies have been investing in South Carolina for many decades and continue to make a significant annual impact on the state’s economy.
As World Trade Month continues, S.C. Commerce is committed to not only recruiting foreign-based companies to South Carolina, but to creating opportunities for companies in the state to do business with firms in global markets.
Since taking the role of Secretary of Commerce last June, Secretary Harry Lightsey has been crisscrossing the state and meeting with economic development leaders and stakeholders with the mission to create opportunities and increase choices for all South Carolinians.
The Richland County community celebrated the grand opening of its newest manufacturer Miwon Specialty Chemical Co. USA on Tuesday. Miwon Specialty Chemical Co. USA’s new 65,000-square-foot-facility – located in Pineview Industrial Park – is the South Korean-based company’s first U.S. manufacturing operation.
Commerce Secretary Harry M. Lightsey III had the opportunity to serve as keynote speaker at the 96th annual Maritime Association of South Carolina Gala.
South Carolina knows what drives automotive success. The state’s reputation as an automotive powerhouse began to develop in the mid-1970s when European heavyweights Michelin and Bosch established operations in S.C.