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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.

NOVA Infrastructure has added A&R Bulk-Pak a South Carolina-based provider of contract packaging, transloading, warehousing and other critical supply chain services for the petrochemical industry, to its lineup.
Dec 12, 2023

Investment firm acquires Charleston logistics, warehousing company

The company operates a 240,000 square foot warehouse that features two high-speed automated packaging lines, rail access to the CSX main-line, and onsite storage for over 120 railcars.

Dec 12, 2023

Economy defies expectations with continued expansion

The employment report for November defied expectations as the economy generated 199,000 jobs and the unemployment rate fell 0.2% to 3.7%. At the same time, consumer sentiment jumped

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.

The decision to expand into Charleston was driven by dual motivations, including the agency identifying a substantial market share in the restaurant and hospitality industries.
Dec 11, 2023

Atlanta-based insurance company to open Charleston office

The decision to expand into Charleston was driven by dual motivations, including the agency identifying a substantial market share in the restaurant and hospitality industries.

Honorees in 12 categories were recognized during an event in Columbia, as SC Biz News expanded its Health Care Heroes program this year to include honorees from across the state. (Photos/Josh Pugh, Studio 601)
Dec 7, 2023

Meet SC Biz News’ 2023 Health Care Heroes (PHOTOS)

Honorees in 12 categories were recognized during an event in Columbia, as SC Biz News expanded its Health Care Heroes program this year to include honorees from across the state.

Dec 7, 2023

National chicken chain to open Moncks Corner spot with more locations on the way

In South Carolina, Slim Chickens has grown to three locations with this opening, and the Moncks Corner owners have three more restaurants on the way in the Palmetto State.

Dec 6, 2023

Downtown Charleston art-themed hotel completes renovation

Over the past couple of years, the hotel has gone through a series of transformations, including the overall guest experience, and this final phase marks a milestone for the hotel’s evolution.

Dec 4, 2023

Meet the 50 Most Influential in South Carolina honorees

Read Q&As from our inaugural class of 50 Most Influential, including their thoughts on South Carolina's greatest strengths and its biggest challenges.

Oct 20, 2023

Why aren’t stock investors nervous?

The economic situation is complicated enough with the resumption of payments on student loans, the ongoing UAW strike, and a dysfunctional Congress with the prospect of a government shutdown looming. But the outbreak of war in the Middle East trumps everything else in terms of importance. The war has dominated television news, t[...]

Oct 19, 2023

Scout Boats plans groundbreaking for $10M Summerville campus expansion

Scout Boats Inc. will break ground on $10 million in expansion projects at its Summerville campus with a ceremony on Nov. 1. Expansion plans include a fifth production building of 37,500 square feet and renovations to the front office and dining area at 2531 Highway 78 W./W. 5th North St. in Summerville. Renovations to the [...]

Oct 19, 2023

Charleston School of Law seeks non-profit status – here’s why

Charleston School of Law has taken the first step toward becoming a nonprofit school. It is currently the last independent, American Bar Association-approved for-profit law school in the United States, a news release stated. Last week, the Law School filed an application with the American Bar Association seeking acquiescenc[...]