The South Carolina Council on Competitiveness, a nonprofit organization, recently gained a federal grant to create a local logistics industry cluster based in South Carolina.
The investment, which amounts to $175,000, is from the United States Department of Commerce’s Economic Development Administration. This amount of funding will partially pay for the council’s plan to improve the logistics industry in the area.
“South Carolina has established itself as a key player in the logistics industry on the global stage,” South Carolina Council on Competitiveness President and CEO Ann Marie Stieritz said. “Our geographic location at the center of the southeastern United States, in addition to our transportation infrastructure -- highways, railways, inland ports, the Port of Charleston, and proximity to international airports -- give us a natural competitive advantage.”
In 2013, the council received another federal grant to create its initiative for strengthening the aerospace industry cluster. Today, the cluster is called SC Aerospace.
“There are some differences between aerospace and logistics, but the principle is the same.” Stieritz said. “When the stakeholders come together to make a high-impact industry more competitive on the global stage, the result is economic growth that benefits South Carolina's businesses and citizens. It’s about maximizing our competitive advantages to get the maximum return for our state.”