111 stories
Over the years, for many and varied reasons, SBA loans have generated not only an amazing number of loans for small businesses, but, along the way, have generated a great number of mis-understandings and mis-conceptions driving some negativity about this very beneficial program. Look first at the numbers for the SBA 7(a) lending in South […]
SCBIO Live 2015 was held in Charleston Nov. 5-6 and included keynote speakers such as the Lead Director at Immucor Inc., William Hawkins III, President and CEO of Cipher Pharmaceuticals, Shawn Patrick O’Brien, the Senior Global Medical Director of Baxter Healthcare, Mark Delegge, MD., and many others. South Carolina Manufacturing’s editors recently caught-up with some […]
Industry leaders from across South Carolina have come together to form an Advisory Board designed to advance and market the state’s aerospace cluster around the world. Chairman of the Advisory Board and President of Ranger Aerospace, Steve Townes, announced the new Board members and unveiled the cluster’s logo at the second-annual SC Aerospace Conference and […]
Duke Energy has agreed to acquire Piedmont Natural Gas for $4.9 billion. The acquisition provides Duke Energy with more access to the natural gas infrastructure.The boards of directors of both companies have unanimously approved a definitive agreement for Duke Energy to acquire Piedmont for approximately $4.9 billion in cash. “We look forward to welcoming Piedmont’s […]
Manufacturing conditions in the region continued to weaken in October, according to firms responding to this month’s Manufacturing Business Outlook Survey. The indicator for general activity remained negative, while the new orders and shipments indexes turned negative this month. Labor market indicators also weakened. The survey’s indicators for prices of inputs and for firms’ own […]
The revelations that Volkswagen diesel engines were designed to meet emission regulations only during emission testing with special software offers important lessons for the leader of any size business. I certainly have no inside knowledge of the crisis, but clearly it points to deep-seated cultural problems in how VW is managed. If you are an […]
Sentiment regarding the direction of the global economy took a sharp turn downward among U.S. industrial manufacturers, according to the Q3 2015 Manufacturing Barometer, released by PwC US today. Global concerns also served to moderate optimism regarding the domestic outlook, while slowing plans to hire more workers. At the same time, capital and operational spending […]
While South Carolina has been in the national headlines due to record flooding, the state’s manufacturing machine remains largely intact. Now, the Palmetto state’s manufacturers are focusing on helping their communities recover. Although there have been some minor inconveniences, “the manufacturing industry not been significantly impacted,” said Lewis Gossett, CEO of the South Carolina Manufacturing […]
Already a fixture in the Southeast, Proterra, a Greenville-based electric bus manufacturer, is expanding its national footprint. The company announced Monday that it would open its West Coast headquarters in Silicon Valley. “We now have access to the best of both local markets,” said Proterra CEO, Ryan Popple. South Carolina has a superb manufacturing and […]
The BMW Group continues to grow its sales, achieving its best ever September result. Deliveries of BMW, MINI and Rolls-Royce brand vehicles totalled 215,413 for the month, an increase of 7.8% compared with the same period last year. It’s also been the company’s best ever first three quarters with year-to-date sales up 7.5% (1,644,810). BMW’s […]
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