by Michael Dey | Sep 9, 2013 | Uncategorized
According to Area Development, a magazine specializing in site selection and facility planning, South Carolina and Georgia are ranked second in the country of top states for conducting business. Texas ranks first. Click here to read more at GSA Business.
by Michael Dey | May 2, 2012 | Uncategorized
Chief Executive magazine ranked South Carolina the seventh best state in which to do business, an improvement of one spot from the 2011 survey.
The top states include:
- Texas
- Florida
- North Carolina
- Tennessee
- Indiana
- Virginia
- South Carolina
The bottom states include:
44. Connecticut
45. New Jersey
46. Michigan
47. Massachusetts
48. Illinois
49. New York
50. California
The survey asked 650 CEOs to rate states in the areas of tax, regulation, quality of work force, and living environment. According to the report, most of the top 20 states are right-to-work states.
by Michael Dey | Jan 3, 2012 | Uncategorized
South Carolina Department of Commerce released its list of top 11 accomplishments for 2011:
- Continental Tire the Americas – $500 million investment to generate 1,700 new jobs over the next 10 years.
- TD Bank – $17 million investment creating 1,400 new jobs.
- 5-STAR USA – investing $25 million and creating more than 1,000 jobs over the next five years.
- Bridgestone – $1.2 billion investment, which will result in more than 850 new jobs.
- Amazon – investing $25 million and creating 750 jobs.
- Nephron Pharmaceuticals Corporation’s – $313 million investment to generate 707 new jobs.
- TIGHITCO Inc.- $30 million investment that will generate 350 new jobs.
- ZF Group – investing an additional $80 million and adding 300 new jobs.
- Bosch Rexroth Corporation – $80 million investment and creating 160 new jobs over the next five years.
- Gestamp South Carolina – investing $51 million and creating 100 new jobs.
- BMW added a $100 million investment and committed to create 100 new jobs.
Note that half of these announcements are in the Upstate.
by Michael Dey | Nov 28, 2011 | Uncategorized
South Carolina did extremely well on the latest 2011 Rankings Report from Business Facilities magazine, placing in the top ten in four categories. According to the magazine, South Carolina ranked:
- 3rd for Economic Growth Potential
- 5th for Best Business Climate
- 2nd in Automotive Manufacturing Strength
- 8th for both workforce training and low cost of labor
Source: Business Facilities, July/August 2011.
by Michael Dey | Nov 17, 2011 | Uncategorized
In a study by New Geography, South Carolina ranked sixth in net domestic migration in 2010, and has not ranked lower than seventh since 2001.
Read the report at newgeography.com by clicking here.