Although the South Carolina Department of Employment and Workforce is reporting an increase in seasonally adjusted employment of 66,132 from October 2014 to October 2015, the state’s manufacturing sector is showing a loss of 800 jobs over that same time. The decline in manufacturing employment reflects significant…
A new $7.5 million state-of-the-art packaging and distribution facility will be built by A&R Bulk-Pak, Inc., a contract packaging company specializing in the packaging and distribution of plastics for overseas export, in Berkeley County. In an effort to better serve its expanding customer base and handle the coming plastics production…
The Lowcountry continues to attract automotive related capital investments. Alkane Truck Company, an original equipment manufacturer (OEM) of commercial trucks, is establishing new manufacturing operations in Dorchester County. According to the company, the new facility is expected to create more than 300 jobs in Summerville, S.C. “We…
The Conference Board Consumer Confidence Index®, which had increased moderately in September, declined in October. The Index now stands at 97.6 (1985=100), down from 102.6 in September. The Present Situation Index decreased from 120.3 last month to 112.1 in October, while the Expectations Index edged down to…
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…
Bringing together those driven to discover, create therapies, and relieve suffering through innovative companies By Wayne R. Roper President South Carolina Biotechnology Industry Organization Driving discovery, creating therapies, relieving suffering and growing great companies__ that’s a big mission. It is a mission an increasing number of South…
As South Carolina’s manufacturing industry grows, so too does the need for skilled hands and a developing workforce. By highlighting locally manufactured products to area schools, the Oconee County Economic Alliance hopes to change the negative light on pursuing careers in the industry. “Made in Oconee” is…
One of the country’s largest polyethylene film manufacturers will invest $100 million in a new Chester County facility, creating 300 new jobs. Poly-America will establish its South Carolina operations as Carolina Poly, Inc. With hiring expected to begin late next year, the company will operate a 475,000-square-foot…
The International Transportation Innovation Center (ITIC) is the host site for a new wireless charging R&D test bed for electrified automotive vehicles. The wireless power transfer test bed was developed by Clemson University’s International Center for Automotive Research (CU-ICAR) in collaboration with Oak Ridge National Laboratory, ITIC,…
Contributing Column by: Joel Welch, Greenville Tech Developing a highly skilled, entry-level workforce is critical for driving economic development and keeping companies competitive in today’s environment. Nationwide, communities and companies are tackling this challenge. In many cases, efforts to satisfy industry needs are undertaken independently. Companies will…