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Global Business News

Commerce Communications: Driving the future of automotive success

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. Two decades later, BMW joined the state’s business community, transforming the way South Carolina is viewed worldwide. Today, the Palmetto State is a global leader in automotive manufacturing – home to some of the world’s biggest brands.

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News from around the state: Secretary Lightsey meets with Upstate SC Alliance

Upstate AllianceSecretary of Commerce Harry M. Lightsey III kicked off a tour of the state’s economic development alliances at the Upstate SC Alliance’s Midyear Meeting on Wednesday, August 25.

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Message from Secretary Hitt: EV in SC

bobby quoteA revolution in the automotive industry is underway, and South Carolina is helping lead the charge – literally. Sustainability initiatives and fluctuating oil prices are shifting the sector toward electric vehicles (EV) as alternatives to gas-powered combustion engines.

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Automotive: Volvo opens new training campus, showcases electric plans

VolvoVolvo Cars is celebrating the opening of its new education and training facilities.

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News in Automotive: Magna Mirrors breaks ground on new facility in Spartanburg County

Magna MirrorsMagna Mirrors has officially started construction on its new facility in Spartanburg County.

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News in Automotive: South Carolina Automotive Summit, B2B Matchmaker recap

With an estimated annual impact of $27 billion, the automotive industry is a major economic driver in the Palmetto State. To build on that growth and continue the advancement of the sector, the South Carolina Automotive Summit – which wraps up today – brings together top minds in the industry each year. This year’s summit, held virtually, provided an opportunity for leaders in the industry to discuss the latest business trends, share best practices and connect with automotive industry stakeholders. 

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Message of Secretary Hitt: Sailing into a new era of global connectivity

portA historic moment 20 years in the making.

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Message from Secretary Hitt: South Carolina's first impression

“You never get a second chance to make a first impression.”

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Message from Secretary Hitt: S.C.'s trade resiliency

bobby quote"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature." -John D. Rockefeller

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News in Distribution and Logistics: 2020 SC Logistics Economic Impact Study

The logistics industry is now a $37.2 billion industry in South Carolina. That’s according to the 2020 SC Logistics Economic Impact Study released today by the SC Council on Competitiveness. The study, completed by research economist Dr. Joseph C. Von Nessen, details the overall economic impact, employee wage averages, employment growth and the emphasis on increased technology reliance within the logistics sector. 

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