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Greenville Business Magazine

SC Business Awards Announces Economic Impact and the Excellence in Business Awards

Oct 23, 2019 10:31AM

South Carolina Business Awards, home of the Official SC TOP 25 Fastest Growing Companies program, is pleased to announce the recipient for the 2019 South Carolina Economic Impact Award is ScanSource. 

The SC Economic Impact Award, sponsored by BMW Manufacturing Co., is one of the most prestigious award recognitions that a company can receive. It recognizes companies in the Palmetto State whose activities have produced extraordinary results. 

This award honors companies from all regions of the state and across multiple industries for their outstanding contributions to South Carolina’s economy. BMW believes strongly in the economic investment in South Carolina that thousands of companies have made from numerous industry clusters. 

Max Metcalf, Manager, Government & Community Relations BMW Manufacturing Co., states “It is an honor for BMW to sponsor The SC Economic Impact Award and recognize ScanSource for contributing to the growth and sustainability of our great state.” 

“Being named as the recipient of the SC Economic Impact Award is a great honor for ScanSource,” said John Harvey, Vice President of Worldwide Human Resources at ScanSource. “ScanSource began in 1992 in Greenville, South Carolina with six employees, and has since grown to become one of only three Fortune 1000 companies headquartered in South Carolina, with teams around the globe. We have been proud to call South Carolina home for over 27 years, and we’re excited about the opportunities that lie ahead for the us here in our flourishing home state and beyond.” 

Additionally, at the SC Fastest Growing Awards ceremony four companies will be rewarded with the South Carolina Excellence in Business Awards. These companies represent the exceptional work recorded across the state of South Carolina through revenue growth, longevity of its employees, longevity of its clients/customers and community outreach. The awards program is proud to recognize and honor these well-respected companies and their executives from a variety of industries and in various forms throughout the South Carolina business community. The following companies will receive this recognition: 

Excellence in Business

Revenue :JEAR Logistics 

Philanthropy: McMillan Pazdan Smith Client 

Retention: Harper General Contractors 

Employee Retention: Gregory Pest Solutions 

The Rising Star Award recognizes a company that is establishing itself in the Palmetto State and a company to watch for its future activities. This year’s Rising Star is Brownstone Construction Group (pictured above).

The South Carolina Business Awards is presented by The Capital Corporation, and co-sponsored by Integrated Media Publishing (publisher of Greenville Business Magazine, Columbia Business Monthly and Charleston Business Magazine), A.T. Locke total accounting, PNC Bank, and HUB International Carolinas. 

To learn more about South Carolina Business Awards visit www.scbusinessawards.com 

Methodology: Criteria for Economic Impact: The nominee should be headquartered in South Carolina and have been in operations for at least ten consecutive fiscal years with reported minimum revenues of $100 Million in the last fiscal year for judging. The nominee will exhibit its involvement in the community and its footprint in the state. Criteria for Excellence in Business: Nominated companies must have cumulative revenue growth for the last three fiscal years plus (i) employee retention by reporting the average tenure of full-time employees as of the company’s last fiscal year, (ii) customer/client retention by reporting the average tenure of the company’s top ten customer/client as of the company’s last fiscal year. (iii) community involvement by the number of employees that participate in community philanthropic activities supported by the company in the last fiscal year. 

About The Capital Corporation: The Capital Corporation has been helping middle market companies achieve their financial objectives since 1991. With hundreds of closed transactions, The Capital Corporation is one of the most successful middle market investment banking firms in the country. The firm’s experience, commitment, and unwavering focus to achieve such results separates the firm from its peers in the middle market. 

As an exclusive member of IMAP (www.imap.com), The Capital Corporation is part of the world's largest alliance of independent M&A advisory firms. With more than 450 M&A professionals across 60 offices in 42 countries, IMAP offers local expertise with unparalleled global connections. In 2018, IMAP ranked eighth in the world for completed transactions with values up to $500 Million completing 208 M&A transactions valued at over $10 billion in aggregate value. 

For more information, please visit www.thecapitalcorp.com. Media Contact: Reschin Graham Moore - The Capital Corporation