Latest News

House bill would reduce tax-relief funds for counties

The South Carolina House of Representatives is considering H.3374, a bill that would freeze funding of the Local Government Fund (LGF) for the next two years, then begin allowing for a possible increase of 2 percent, provided that the state General Fund grows by 4 percent or more.

Broad River Furniture to invest $12.6 million in York County facility

Home furnishings retailer Ashley Furniture HomeStore licensee Broad River Furniture is investing $12.6 million to establish a new corporate campus and distribution center in York County, bringing an expected 200 jobs to Fort Mill, S.C.

Scott protests slashing of D.C. school choice program

D.C. Opportunity Scholarship Program serves low-income, minority students

Air Tahiti Nuti buys 2 787-9 Dreamliners from Boeing

Boeing Commercial Airplanes is finalizing a recent order for two 787-9 Dreamliners Air Tahiti Nui

Walker to visit South Carolina March 19-20

The South Carolina Republican Party will host Wisconsin Governor Scott Walker for a series of events at various locations statewide March 19-20.

Revenue Department holding tax seminar for construction industry

The South Carolina Department of Revenue (SCDOR) recently announced that it will host a seminar about sales and use tax for the construction industry. The topics will emphasize sales, use, and local taxes, employee versus independent contractor, exemptions and exclusions, maintenance, and software concerns. The instructors will be SCDOR staff members, giving participants the opportunity to ask questions and discuss specific issues with representatives of the SCDOR’s standards.

South Carolina revenue department combats fraud

The South Carolina Department of Revenue (SCDOR) recently implemented modified measures to prevent the fraud of direct deposit refunds to paper checks. These conversions began a week ago.

Specialty Polymers adding space, jobs to Chester County facility

Manufacturer of polymers, adhesives investing $5.5 million in plant expansion

3S International invests $15 million to establish first U.S. operations in Laurens County

Hong Kong-based strategic sourcing and manufacturing company 3S International has invested $15 million to establish its first U.S.

S.C. attracts over $5 billion in capital investment last year

For the second year in a row, capital investment recruited to South Carolina surpassed $5 billion after the state posted another solid business recruitment year in 2014, the South Carolina Chamber of Commerce said recently.

Towns and cities facilitate businesses

According to a recent report from the Municipal Association of South Carolina, Lexington County and other regions provide easy routes for businesses.

South Carolina enjoys rising relocation rates

South Carolina has continued to prove itself to be a popular destination for people moving to the state.

YMCA of Columbia to open new downtown location

The YMCA of Columbia has announced plans to open a new downtown location at the corner of Bull St. and Hampton St. in the spring of 2016.

Boeing recieves Eco-Company of Year honors

Company recognized for "ever-more fuel and emissions-efficient aircraft

Deal settles hundreds of cases against tobacco firms

Motley Rice, LLC, along with co-counsel Lieff Cabraser Heimann & Bernstein, LLP, and the Wilner Firm, P.A., have reached a $100 million aggregate settlement with Lorillard Tobacco Company, Philip Morris USA and R.J. Reynolds Tobacco Company, for approximately 400 personal-injury and wrongful-death tobacco cases pending in Florida federal district court.

S.C. job fairs for veterans to be held this month

U.S. Sen. Tim Scott (R-SC) released details on Thursday for two upcoming veterans job and resource fairs on March 9 and March 25.

Bill aims to boost entry into apprenticeship programs

U.S. Sens. Cory Booker (D-NJ) and Tim Scott (R-SC) introduced the Leveraging and Energizing America’s Apprenticeship Programs (LEAP) Act (S. 574) on Thursday to increase the number of registered U.S. apprenticeships.

Coastal governors seek federal plan for sharing offshore revenue

Seven governors from coastal states recently agreed to seek consolidated federal legislation establishing a multi-state plan for sharing revenue from federal offshore energy development.

S.C. officials help lead national probe into Anthem breach

The South Carolina Department of Insurance is contributing to the security-breach investigation by Anthem Insurance Co. after the firm said in late January that it had been the victim of a cyberattack in which the personal data of more than 80 million policyholders had been compromised.

Metro Business Network