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AESC, a global electric vehicle battery technology company, is expanding its state-of-the-art battery cell facility in Florence County. The $810 million investment will create 450 new jobs, according to a news release from the South Carolina Department of Commerce.
Dec 12, 2023

Electric vehicle battery manufacturer announces $810M expansion in Florence

The expansion, which is expected to create 450 jobs, follows the company's December announcement of $810 million and 1,170 jobs, resulting in a total investment of $1.62 billion and 1,620 new jobs.

Dec 12, 2023

MANUFACTURING MINUTE: Hartsville-based Sonoco’s Elizabeth Rhue on sustainability

Elizabeth Rhue, vice president of global environmental, sustainability, and technical services at South Carolina-based Sonoco, recently sat down with SC Biz News executive editor Jason Thomas to talk about Sonoco's sustainability initiatives.

Dec 6, 2023

Local Veteran Opens Sign Business

CHARLESTON, SC – FASTSIGNS® of Charleston, a locally owned and operated sign and graphics provider, is now under the direction of franchisee and Navy Veteran, Jim Gray. Now owner of the original FASTSIGNS location that opened in Charleston, Jim is making it his aim to live up to the historic reputation. Jim is a jack-of-all-trades […]

Oct 24, 2023

Flying car company with South Carolina ties nets $83M funding boost

A Japan-based electric vertical takeoff and landing manufacturer with plans to open its U.S. headquarters in South Carolina has received a significant funding boost from the Japanese government. SkyDrive Inc. a Japanese electric vehicle takeoff and landing (eVTOL) aircraft manufacturer based in Japan with plans to establish U.S.[...]

Oct 3, 2023

Charleston manufacturer breaks ground on $30 million expansion

A Charleston-based manufacturer has begun work on a $30 million expansion project. Mankiewicz Coatings has partnered with Choate Construction Co. on a 100,000-square-foot expansion to double its operations in Charleston — the third significant investment from the company in less than 15 years, according to a news rele[...]

Sep 19, 2023

Pro women’s soccer star becomes co-owner of Charleston liquor company

Professional soccer player and United States Women's National Team captain Alex Morgan has unveiled her new co-ownership of Volley Tequila Seltzer, a Charleston-based company. This announcement comes shortly after her participation in the inaugural Del Mar Wine and Food Festival and amid San Diego Wave’s second season,[...]

Sep 11, 2023

Parent company of Summerville manufacturer acquired in $680M deal

The parent company of a Summerville-based nutritional supplement manufacturer and lifesciences company has been acquired by a Greenwich, Connecticut, investment firm. Thorne HealthTech Inc. (NASDAQ: THRN) has entered into a definitive agreement under which L Catterton, a global consumer-focused investment firm, will tender an of[...]

Aug 3, 2023

Manufacturer will invest $32M to establish operations in Georgetown County

A global manufacturer of expansion tanks, heat exchangers and other products for the heating and plumbing industries is establishing its first U.S. manufacturing operations in Georgetown County. Zilmet USA, established in 2012, is headquartered in North Kingstown, R.I., and serves North America using products manufactured at the[...]

Jul 20, 2023

Startup vehicle manufacturer opens $34M Summerville facility

Honor LSV, a startup manufacturing company, will design, manufacture and assemble golf cars and luxury low-speed vehicles in Berkeley County. The company announced today that it will invest $34.2 million and create 65 new jobs in making Summerville home to its South Carolina operations. Honor LSV is an original equipment manufac[...]

Jul 6, 2023

Virginia-based technology company will establish operations in Charleston County

A Virginia-based Fortune 500 science and technology company will invest $31.7 million to establish new operations in Charleston County. Leidos, headquarted in Reston, Va., will open a manufacturing center for its Security Enterprise Solutions (SES) operation, according to a news release. The operation is expected to create up to[...]

Jun 12, 2023

One of Charleston’s fastest-growing companies names new leader

A Charleston-based company that has been named to the Inc. 5000 list of the fastest-growing privately held companies in America three years in a row has named a new leader. Grain & Barrel Spirits recently appointed John Drakeford as the company’s new general manager. An accomplished industry veteran with decades of exe[...]

Jun 9, 2023

From Theory to Practice: How SixAxis Mastered Lean Deployment and Achieved Results

Many manufacturers still question the effectiveness of lean manufacturing and whether it brings tangible benefits to a company’s bottom and top lines. However, during a recent OpExChange plant tour hosted by SixAxis in Andrews, SC on May 16th, 2023, these doubts were addressed. The primary focus of the tour was to showcase[...]