111 stories
For the past six years, economists say, South Carolina has doubled job growth in manufacturing – partly due to South Carolina’s roads. But a failure on the part of the South Carolina legislature to act on fixing South Carolina’s crumbling infrastructure could impact the economic well-being of some industries, but also have a negative impact […]
Rumors of problems with the F-35, and Congress wanting to resurrect the F-22, will not translate to problems for Lockheed Martin in Greenville. On April 20, a General Accountability Office report indicated significant problems with the F-35’s “brain” or Autonomic Logistics Information System could ground the entire fleet of nearly 2,500 bombers, purchased by the […]
Tony Morgan was raised in Annapolis, Maryland where he attended St. Mary’s High School. At St. Mary’s, Anthony was an All Conference football player and a standout on the nationally ranked lacrosse team. In the classroom he was an honor roll student. Upon graduation from St. Mary’s in 1986, Mr. Morgan accepted an invitation to […]
The South Carolina Tax Realignment Commission observed in its final report to the General Assembly in December 2010 that South Carolina has the highest property taxes in the nation on manufacturers, and the most recent 50-state tax survey published by the Lincoln Institute of Land Policy supports that finding. With an assessment ratio of 10.5 […]
Contributed by Senator Tim Scott As we seek ways to strengthen our economy and support our state’s manufacturing industry, lift up those living in poverty, and ensure that every person living in our great nation has access to the American Dream, a key part of the equation comes down to job training and technical skills. […]
HEAVY ATTENDANCE BY SENIOR EXECUTIVES Hundreds of senior executives from around the whole worldwide aerospace industry gathered last week in Charleston for the AviationWeek Group/SpeedNews annual Aerospace Manufacturing Conference. SpeedNews said it was record-high attendance, including executives from numerous overseas aerospace firms. Deborah Cameron, Director of Aerospace Initiatives at the South Carolina Council on Competitiveness, […]
Caterpillar is set to lay off more than 800 workers nationwide over the next year and a half, almost half of them in South Carolina. As part of a restructuring in the face of losses, the company will move production of its generator set business in South Carolina to other Caterpillar facilities. The move […]
There are many paths to grow a company’s revenue and earnings. That topic typically consumes the majority of management bandwidth. Organic market growth, geographic expansion and acquisitions are all viable strategies. But are you ignoring the role of innovation? Surprisingly, a recent survey suggests many are. GSA Business Report recently polled companies about what big […]
The Palmetto State’s emerging presence in the aerospace sector is forcing others to take notice. SpeedNews, a news and information source for aerospace executives around the world, will hold its 4th Annual Aerospace Manufacturing Conference in Charleston May 3-4. The event will focus on key manufacturing aspects including tooling, machining, equipment, components, electronics, advanced materials […]
Across the state, manufacturing companies are quiet as to what kind of an impact a proposed “bathroom bill” could have in South Carolina. With eyes toward what happens to North Carolina’s recently passed legislation that limits which bathroom one can use to one’s birth gender, manufacturers here had little or no comment on similar legislation […]
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