Latest News

CRG completes sale of 1.3 million-square-foot facility in Duncan

St. Louis-based real estate developer CRG has completed its sale of a 1,318,680-square-foot logistics facility located at Inland 85 in Duncan to an affiliate of Lexington Realty Trust.

Lowcountry charter signing signals renewed collaboration between military, businesses, community

Members of the newly formed Lowcountry Defense Community Partnership Council, which aims to support servicemen and servicewomen by strengthening the collaboration of local businesses and community organizations throughout the Charleston region with the military, signed the group's official charter last month at Joint Base Charleston.

Rock Springs plant expansion will add dozens of jobs

After looking elsewhere besides its home base of Rock Springs to expand its operations, National Machining and Fabrications has announced it will build a $4.2 million, 12,500-square-foot facility right on its current site.

Columbia Metropolitan Airport rebrands logo and website

The Columbia Metropolitan Airport (CAE) recently launched a new creative campaign that includes a new logo and website.

There are downsides to free tax preparation programs, 60 Plus Association warns seniors

According to Moultrie News, free tax preparation services are available this season at the Wando Mount Pleasant Library branch, offered by the AARP’s Tax-Aide program, from Feb. 3 to April 13.

Port of Charleston sets another annual record

The Port of Charleston continues to grow apace, with the South Carolina Ports Authority (SCPA) reporting a 5% increase in equivalent container units (TEUs) handled in 2019 over 2018.

Eighteen graduate from Charleston Acceleration Academy's Class of 2019

Charleston Acceleration Academy held a graduation ceremony for 18 students in December, its largest-ever graduating class in the school’s short history.

SBA offers training on Women's Business Center grant applications

The U.S. Small Business Administration will be holding roundtable training sessions next week in Columbia and Charleston to help attendees better navigate applications for Women's Business Center grants.

Holland America Line offering deals on cruises to Canada, Greenland, New England

Holland America Line recently announced an exclusive-suite offer that includes free drinks, a free dining package and free gratuities for its 2021 Canada, New England and Greenland bookings, when reserved by Feb. 28, 2020.

Alcami acquires fill-finish manufacturing facility in North Carolina

North Charleston's Alcami Corp. recently announced that it has acquired TriPharm Services, a sterile fill-finish manufacturing facility in Morrisville, North Carolina.

State's unemployment rate hit all-time low in November

South Carolina's unemployment rate dropped 2.4 percent in November 2019, marking the third consecutive decline and the giving the state its lowest jobless rate ever, according to the S.C. Department of Employment and Workforce.

Charleston Harbor project receives green light from Trump

The Charleston Harbor Deepening Project achieved its latest milestone after both the Senate and the House granted their approval on the Energy and Water Appropriations bill as part of the FY2020 funding package, which has been subsequently signed into law by President Donald Trump.

South Carolina ranks third in U.S. for 2019 inbound moves

The recently released North American Van Lines, Inc. 2019 Migration Map and Report has ranked South Carolina the third most popular state for inbound moves.

Alorica expansion to create 300 new jobs in North Charleston

Global customer experience solutions company Alorica recently announced plans to augment its present local operations in North Charleston with a $1.2 million expansion, offering more than 300 new employment opportunities.

Charleston's single-use plastics ban takes effect Jan. 1

New Year's Day marks the start of Charleston's ban on single-use plastics including merchandise and carryout bags.

Capital Square seeks to raise $7.7 million for luxury hotel in Charleston

Capital Square, a Charleston-based sponsor of tax-advantaged real estate investments, recently announced the launch of CSRA Opportunity Zone Fund IV, LLC to raise capital for the development of 529 King Street, a luxury apartment hotel in Charleston.

Bank of South Carolina Corp. declares quarterly cash dividend

The Bank of South Carolina Corp.'s Board of Directors recently declared a quarterly cash dividend of $0.16 per share to shareholders of record as of Jan. 2, 2020, payable on Jan. 31, 2020.

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