Features

• Executive Management Firm 98 Ventures Adding 150 Positions in SC

  December 06, 2019

  To accommodate this expansion and be positioned for future growth, 98 Ventures will relocate to the Poe West development in the Village of West Greenville in January of 2020, allowing the company and its affiliates to continue to provide clients with a high level of service. The company’s expansion includes a more than $600,000 building renovation investment.

• Exclusive: South Carolina Economy Expected to Continue Slow, Steady Growth

  December 05, 2019

  The 39th annual Economic Outlook Conference, held Tuesday at the school’s alumni center, featured economists from the Darla Moore School of Business. USC President Robert Caslen and Wells Fargo economist Sarah House also spoke.

• Small Business Wage Growth Hits New High, Job Growth Consistent in November

  December 05, 2019

  The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings grew 3.11 percent among employees of small businesses, the highest level since reporting began in 2011.

• Kansas City ‘Tax Truce’ not a Match for Charlotte

  December 04, 2019

  South Carolina CEO spoke with multiple officials involved in economic development, both on and off the record. They said that while companies have moved from county to county or state to state around the Charlotte region, it’s typically due to business growth and the need for new facilities.

• SC Ports Awards Grants to Nonprofits, Organizations

  December 02, 2019

  The program provides grants to organizations in regions where S.C. Ports operates with the goal of positively impacting maritime commerce, economic development, environmental awareness, community outreach, education and workforce development efforts.

• SC Unemployment Rate Remains at All Time Low

  November 21, 2019

  The monthly survey of households across the state estimated the number of South Carolinians working moved substantially higher, establishing a new record of 2,318,762.

• Clemson MBA Program Launches Innovation-centric Podcast or 'Pawdcast'

  November 19, 2019

  10 episodes have been released featuring in-depth interviews with innovators including Leslie Schall, the human resources director of Michelin North America; Clemson MBA alumnus Richard Morris, a director of manufacturing at a major aerospace company in Southern California; Dr. Meredith Rosenthal, director of Harvard’s Advanced Leadership Initiative; and more.

• Exclusive: Demand for Warehouse Space Strong across South Carolina

  November 18, 2019

  Recent quarterly reports from real estate firm Colliers International indicate a need for warehouse and distribution facilities. This more or less reflects trends that are being seen nationally.

• Greater Women’s Business Council Recognizes 10 Companies Committed to the Advancement of Women-Owned Businesses at 2019 LACE Awards

  November 15, 2019

  The Greater Women’s Business Council (GWBC), the largest provider of certification and development resources for women business enterprises (WBEs) in Georgia, South Carolina and North Carolina, hosted its annual LACE (Ladies Achieving Continuous Excellence) Awards Gala on Nov. 8 at the St. Regis hotel in Atlanta.

• What's the Value of Landing a Portion of the NCAA Mens Basketball Tourney in South Carolina?

  November 08, 2019

  The March Madness weekend created an estimated $11.3 million direct impact on the Midlands, based on research conducted by Dr. Tom Regan, graduate director with the University of South Carolina College of Hospitality, Retail and Sport Management. Pre-event estimates had anticipated a $9 million impact.

• Clemson Faculty Earn Key Funds for Technology Development and Commercialization

  November 07, 2019

  “The program has repeatedly demonstrated that targeted, strategic investments can have a significant impact on the probability of commercial licensing, industry collaboration or follow-on research dollars. Congratulations to the recipients for their dedication to academic research and for the innovative contributions they have made to the Clemson University research enterprise.”

• New Fujifilm Technology at Clemson University's Sonoco Institute Advances Learning, Prepares Students for Industry Needs

  November 06, 2019

  Haley Appleby, packaging science lecturer, Clemson University; Chip Tonkin, chair of graphic communications and director of the Sonoco Institute, Clemson University; Steve Bennett, Vice President of packaging solutions, Fujifilm Graphic Systems; Tony Aquino, regional sales manager, Fujifilm Graphic Systems.

• For S&P 500 CEOs, Stock Awards Now Comprise More Than 50% of Total Compensation

  November 06, 2019

  A new report reveals that stock awards, which include restricted stock and performance-based shares, represented a record portion of CEO compensation in 2018. For S&P 500 CEOs, stock awards alone exceeded 50 percent for the first time. Moreover, they climbed to a record of nearly 40 percent for those in the Russell 3000.

• South Carolina First Lady Peggy McMaster Presents Tourism Scholarships to College Students

  November 04, 2019

  First Lady Peggy McMaster presented nine college students with South Carolina Governor’s Tourism Student Awards Wednesday during a ceremony at the Lace House in Columbia. The students were recognized for outstanding academic achievement in their culinary, hospitality and tourism studies.

• SC Chamber CEO Ted Pitts: Renters, Businesses Also Hit Hard by SC’s Flawed Property Tax Laws

  November 01, 2019

  The S.C. Chamber is working with the South Carolina Realtors on a data-driven study that looks at the state’s broken property tax system and ways to improve it.

• NCAA Opens Door to Student-athletes Making More

  October 31, 2019

  On Oct. 29, the NCAA Board of Governors voted to allow student-athletes to benefit financially from their name, image and likeness. The board has asked for rules to be in place by January 2021.

• Small Business Wage Growth Gains Momentum, Job Growth Holds Steady in October

  October 31, 2019

  The tight labor market positively impacted wage growth in October, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings are on the rise, reaching 3.00 percent ($0.80) growth in October.

• Nexsen Pruet Launches NP general counsel360

  October 30, 2019

  Nexsen Pruet, one of the most respected regional law firms in South Carolina, is reinforcing its commitment to providing innovative legal services solutions and broader access to holistic risk management with the launch of its NP general counsel360.

• Dominion Energy Acquires Solar Project: One of the Largest Solar Arrays in South Carolina

  October 28, 2019

  Construction on the 72-megawatt solar facility has already begun on about 630 acres of land in Beaufort County, S.C. When it is completed, Seabrook Solar will be one of the largest solar arrays in the Palmetto State. The company's contracted generation business also owns and operates two facilities powered by the sun in Jasper County, S.C.

• Nextra Solutions Grows, Welcomes New Director

  October 25, 2019

  Nextra Solutions, an end-to-end information management service provider, is proud to announce the addition of Angela O’Neal as Director. Skilled in the entire eDiscovery process, with nearly two decades of experience as a litigator and NCAA investigator, O’Neal will oversee a team of seasoned information management professionals.

• South Carolina’s Record Employment Numbers Include Growth In Government Jobs

  October 24, 2019

  South Carolina continues to set employment records and while public-sector jobs are making a slow comeback from the Great Recession across the nation, government workers in the Palmetto State appear to be doing better.

• Deloitte: Retailers Can Expect Jolly Holiday Shopping Season

  October 24, 2019

  For the 34th year, Deloitte commissioned a national survey of 4,410 consumers to better understand spending for the upcoming holiday season. Conducted online, Sept. 6-13, by an independent research company, the survey provides key insights into consumer behavior and what retailers can expect from shoppers as they tackle their holiday shopping.

• S.C. Ports Growing Cargo, Enhancing Infrastructure in Big-ship Era

  October 22, 2019

  South Carolina Ports Authority President and CEO Jim Newsome has always had a vision for S.C. Ports, ensuring its best days are ahead. SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) in fiscal year 2019, up 8.8% from the year prior.

• Facing Some Economic Uncertainty, US Executives Focus on Building Resiliency

  October 21, 2019

  US executives are taking action to futureproof their organizations amid economic, geopolitical and regulatory uncertainty. Supported by stable pipelines and deal-closing intentions, 83% of US executives say they expect the domestic M&A market to improve, though only 46% plan to actively pursue M&A in the next year, according to the EY 21st Capital Confidence Barometer (CCB).

• SC Chamber Announces 2019 Excellence In Workplace Diversity and SC Branded Award Winners

  October 18, 2019

  The South Carolina Chamber of Commerce announced the winner of two award categories – the Excellence in Workplace Diversity Awards and the SC Branded Awards. These awards are given annually and the winners are honored at the Chamber’s Annual Summit, this year on November 20-21 at Wild Dunes Resort on Isle of Palms.

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