GSA Business Report
Union County manufacturing facility refinanced with $50M loan. Lithium-ion battery manufacturer awarded $199M toward Greenville gigafactory. BMW, Redwood Materials partner on electric vehicle battery recycling initiative. Beverage manufacturer announces $141M Spartanburg County expansion. 50 years — How Michelin brought $266B impact and ...
How did Hurricane Helene affect South Carolina's economy?
15 hours ago · Here’s a look at the financial cost to some sectors in South Carolina affecting both individuals and businesses: Housing and personal costs. Housing and personal residences took some of the biggest hits statewide, especially in areas like the Upstate and Aiken where hundreds of trees were toppled onto homes and other structures.
Nestlé announces $150M expansion in Cherokee County for new line
10 hours ago · Jason Thomas // November 14, 2024 //. Food and beverage giant Nestlé USA is expanding its Cherokee County operations. The company will invest $150 million in its Gaffney production facility, according to a news release from the South Carolina Department of Commerce. Nestlé USA’s investment in its production facility, located at 2132 Old ...
Greenville-based Inc. 5000 firm bolsters AI capabilities with ...
1 day ago · Jason Thomas // November 13, 2024 //. A Greenville-based software and cloud solutions firm has bolstered its AI capabilities with the integration of a proprietary technology platform. Kopis, which specializes in high-impact software, cloud solutions and Enterprise Resource Planning Services to businesses and state agencies nationwide, has ...
GSA Business Report
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Tennessee-based life science company to set up $5M Greenville …
1 day ago · A medical technology company specializing in human amniotic allograft products is expanding its operations with a new manufacturing facility in Greenville County. Samaritan Biologics made the announcement today, Nov. 13, through a news release from the Greenville Area Development Corp. The $5 million investment will create 85 new jobs over the ...
Scout Motors VP tells why the time was right to bring back an icon …
6 days ago · He said they’re on a system to make car buying quick and easy, bringing the average time to buy from a national average around 13 hours to 10-15 minutes. Scout unveiled images of the vehicles — with a projected price of $60,000, less credits, in October.
Analysis: Energy investment could give South Carolina’s economy …
Oct 23, 2024 · Energy tax credits and rebates from the Inflation Reduction Act could spark $64 billion in spending across South Carolina, benefiting the state’s economy. In a forecast report by ICF, a global consutling and technology services company, and commissioned by American Clean Power Association, South Carolina is expected to see an additional $14 ...
Harbor Freight Tools to open $30M R&D center in Anderson County
6 days ago · A national retailer of tools and equipment is expanding its South Carolina presence with a new Anderson County facility. Harbor Freight Tools’ $30 million investment will create 36 new jobs.. Harbor Freight Tools plans to lease a 76,171-square-foot research, development and innovation facility located at 130 Frontage Road in Piedmont, the release stated.
Global auto supplier completes $48M Spartanburg County …
Oct 23, 2024 · A global automotive supplier has expanded its Spartanburg County operations. Benteler Automotive Corp.’s $47.9 million investment will improve the company’s manufacturing and assembly facility, according to a news release. Benteler’s investment in its existing facility, located at 1255 Howell Road in Duncan, will consist of building ...