News

International: Foreign Direct Investment Fueling SC Economy

For most of its history, South Carolina has benefited from a globally-connected economy.

Message from Secretary Hitt: Being Prepared in South Carolina

Although the Atlantic hurricane season doesn't officially kick off until June 1, the National Hurricane Center named its first tropical

Koops, Inc. expanding Greenville County manufacturing operations

COLUMBIA, S.C. – Koops, Inc., a manufacturer of automation systems, is growing its existing Greenville County production operations. The company’s $2.2 million investment is projected to create 20 new jobs over the next five years.

Southern Current launching new solar project in Aiken County

COLUMBIA, S.C. – Southern Current, a leading developer in the residential, commercial and utility-scale solar markets, is expanding its solar farm portfolio with a new facility in Aiken County.

International: Team South Carolina Hosts Cultural Awareness Event

South Carolina is home to 1,200 operations of foreign-based firms, employing a nation-leading seven percent of the state’s workfo

Valagro launching new production facility in Orangeburg County

COLUMBIA, S.C. – Valagro, a producer of biostimulants and fertilizers for the agriculture industry, is launching its new production operations in Orangeburg County. The company’s $14 million investment is projected to create 47 new, high-skilled jobs.

Message from Secretary Hitt: Military Impact on S.C.

On Wednesday, South Carolina celebrated its 230th birthday.

International: Global Connectivity Continues to Grow in South Carolina

The globalization of the U.S.

Two complete S.C. Economic Development Institute in May

COLUMBIA, S.C. – On Friday, May 18, two local leaders completed the S.C. Economic Development Institute (Institute). Anna DeLage of the S.C.

Carolina Composites to expand Pioneer Boats manufacturing operations in Colleton County

COLUMBIA, S.C. – Carolina Composites, doing business as Pioneer Boats, has announced that the company will expand its existing operations in Walterboro, S.C.

Sunstrand, LLC locating new production operations in Florence County

COLUMBIA, S.C. – Sunstrand, LLC today announced it is locating new biomaterial manufacturing operations in Florence County. The company is projected to bring $8.4 million of capital investment, leading to the creation of 42 new jobs.

RoundPoint Mortgage Servicing Corporation creating 1,100 jobs at new York County corporate headquarters

COLUMBIA, S.C. – RoundPoint Mortgage Servicing Corporation, a mortgage-servicing company that delivers innovative solutions for managing residential mortgages, today announced that its new corporate headquarters will be located in York County.

Message from Secretary Hitt: Blazing a Trail in South Carolina

JTEKT expanding its Oconee County Koyo Bearings operations

COLUMBIA, S.C. – JTEKT North America, a producer of bearings, driveline components, steering systems and machine tools, today announced that it is investing $19.4 million to expand its existing Koyo Bearings production facility in Oconee County.

Existing Industry: Textiles Industry Remains a Pillar of the State’s Economy

South Carolina’s history as a textiles powerhouse is well-documented.