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Commerce News

QuicksortRx grows corporate headquarters with expansion in Charleston County

COLUMBIA, S.C. – QuicksortRx, a software-enabled service company that provides pharmacy supply chain management solutions for health systems, today announced it will grow its corporate headquarters with an expansion in Charleston County. The $220,000 investment will create 41 new jobs over the next 3 years. 

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SC Nexus receives federal designation as a Regional Technology and Innovation Hub for advanced energy

The Nexus for Advanced Resilient Energy (SC Nexus) received the U.S. Department of Commerce’s Economic Development Administration’s (EDA) designation as one of 31 Regional Technology and Innovation Hubs (Tech Hubs). The South Carolina Department of Commerce (S.C.

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Palmetto Railways, a division of S.C. Commerce, awarded more than $4 million to procure and retrofit two locomotives to electric power

Palmetto Railways, a division of the South Carolina Department of Commerce (S.C. Commerce), learned today it will receive a grant of up to $4,170,000 for its project to procure and retrofit two zero-emission, lithium battery electric powered locomotives and install associated charging technology.

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S.C. Commerce receives grant for export assistance programs

For the 11th consecutive year, the South Carolina Department of Commerce (S.C. Commerce) has been awarded a State Trade Expansion Program (STEP) grant from the U.S. Small Business Administration (SBA). The state received its full requested amount of $250,000 to support and encourage small business export success. 

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Grants awarded to improve nine South Carolina communities

COLUMBIA, S.C.

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South Carolina leads the nation as top exporter of tires and completed passenger motor vehicles

Gov. Henry McMaster, the S.C. Department of Commerce (S.C. Commerce) and the South Carolina Ports Authority (SC Ports) today announced that the state's 2022 export sales totaled $31.5 billion, up 6% over 2021, according to data from the U.S. Department of Commerce. The state remains the nation’s top exporter of completed passenger motor vehicles and tires.

Notable 2022 export statistics include:

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Gov. Henry McMaster launches state’s first electric vehicle website

Governor Henry McMaster today announced the launch of scpowersev.com, a virtual hub highlighting South Carolina’s growing electric vehicle (EV) industry and the state’s capacity for further industry expansion.

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S.C. Commerce announces 2023 Relentless Challenge grant awards

The South Carolina Department of Commerce (S.C. Commerce) today announced its 2023 Relentless Challenge grant recipients, which totaled more than $750,000 granted to 15 organizations around the state.

Relentless Challenge grant recipients support projects designed to enhance the state’s innovation ecosystem – specifically in the areas of high growth entrepreneurship, talent development, access to risk capital, and industry and higher education partnerships that may lead to commercialization of innovative products. 

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South Carolina releases record-breaking industry recruitment in 2022

The South Carolina Department of Commerce today released its 2022 industry recruitment results which reflect historic economic activity. From January to December 2022, the state announced total capital investment of $10.27 billion, the single largest year in state history. That investment represents 120 projects and the creation of 14,083 new jobs.

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Grants awarded to improve 20 South Carolina communities

COLUMBIA, S.C.

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