118 stories
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 […]
After nearly two decades of being one of Greenville’s home grown computer sales and service stories, Computer Direct Outlet has shifted its business model to focus more on the manufacturing of high-end workstations, servers and gaming systems. It was a calculated decision to ramp up production and marketing as part of a new business unit, […]
Hands-on skills are critical in educating employees who are work-ready from the first day. This is true for most fields including health care, culinary, and automotive careers but especially true in advanced manufacturing. Narrowing the skills gap that has hampered employer growth in this sector requires education that includes both theory and practice. We have […]
Over the past several years, Greenville County and the entire State of South Carolina has experienced record growth in capital investment and job creation from new and expanding companies. In fact, last year the Greenville Area Development Corporation helped 24 national and international firms discover that our area poses significant opportunity to lower total costs […]
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