Business
State of South Carolina announces partnership with Fraunhofer Institute
- By SC Department of Commerce
New collaboration to create unified, cloud-based platform to support South Carolina's logistics industry
COLUMBIA, S.C. - The S.C. Department of Commerce today announced a partnership between the state of South Carolina and the Fraunhofer USA Center for Experimental Software Engineering to bring state-of-the-art innovation to South Carolina industry and logistics providers.
This applied research and innovation project will be achieved by collaboration between the University of South Carolina (USC), Fraunhofer USA and two South Carolina firms -- Datos Consulting and G&P Trucking. Focused initially on the development of a cloud-based platform and data cybersecurity for transportation companies, this project has the ability to be developed to include other modes of freight movement in the future.
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Carolina Poly, Inc. Expanding Its Chester County Operations
- By SC Governor's Office
Manufacturer Investing $25 Million to Increase Its Production Capacity
COLUMBIA, S.C. – Carolina Poly, Inc., a venture of Poly-America, one of the largest polyethylene film manufacturers in the United States,is expanding its Chester County operations. The company’s $25 million capital investment is projected to create 75 new jobs.
With sister companies and divisions across the country, Poly-America launched Carolina Poly in Chester County in 2015. The company produces several product lines, including trash bags, plastic sheeting, silage bags and shrink films.
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Nutramax Laboratories Expanding Lancaster County Operations
- By SC Governor's Office
Company Investing $20 Million to Create 225 New Jobs
COLUMBIA, S.C.– Nutramax Laboratoriesand its family of companies, a leading manufacturer and marketer of nutritional supplement products for people and their pets, are expanding operations in Lancaster County. The company is investing an additional $20 million in the project, creating 225 new jobs in Lancaster, S.C.
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British Airways Unveils Plans for Non-stop Air Service Between South Carolina and the U.K.
- By SC Governor's Office
New Flights Will Enhance the State’s Economic Development Marketability
COLUMBIA, S.C. –British Airways, a full-service global airline, today announced plans for new, non-stop air service between London’s Heathrow Airport and the Charleston International Airport. The twice-weekly flight, slated to start in April 2019, marks the first direct trans-Atlantic flight from the state of South Carolina.
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Huvis Indorama Advanced Materials Launching Operations in Spartanburg County
- By Press Release
Joint Manufacturing Venture Creating 50 New Jobs
COLUMBIA, S.C. – Huvis Indorama Advanced Materials, a 50-50 joint venture between Indorama Ventures Public Company Limited and South Korea-based Huvis Corporation, is launching new manufacturing operations at Auriga Polymers, Inc.’s campus in Spartanburg County. The $48 million investment is projected to create 50 new jobs.
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South Carolina SBA Small Business Lending Momentum Continues
- By US Small Business Administration
FY18 total loan volume reaches more than $349 million with 695 approved loans
SOUTH CAROLINA – The U.S. Small Business Administration announced FY18 lending numbers showing that it guaranteed over $30 billion to small businesses that otherwise would not have had access to capital. Over $349 million was guaranteed to South Carolina small businesses.
In FY18, there were a total of 695 loans made in South Carolina, a 16.6 percent increase compared to FY17’s total of 596 loans. The dollar amount of loans guaranteed had a slight decrease of 10 percent from last year’s total of $389 million.
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Cely Construction Company Names Kevin Talbott Chief Operating Officer
- By Press Release
Cely Construction is proud to announce that Kevin Talbott has been named Chief Operating Officer and Manager of Projects effective September 2018.
As COO, he will be responsible for the strategic direction, growth, and operational success of the company. His new role will utilize his vast experience in negotiation, construction management, project management, engineering, leadership and field management as well as internal controls.
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