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Greenville Business Magazine

The Business Narrative: EV Leader

Jan 18, 2024 09:57AM ● By Donna Walker

Tesla to Open State-of-the-Art Logistics Operations in Greenville County, SC

Tesla will open a regional distribution center in Fountain Inn in Greenville County, S.C. in early 2024, another promising development in support of the booming automotive and EV economy of the Upstate and South Carolina.

 

The center is believed to mark Tesla’s first major investment in operations in South Carolina.

 

The inaugural Tesla facility in the Palmetto State will be located in Fox Hill Business Park -- the Class A business and industrial park which came online in 2020 as the first major business park developed in Greenville County in well over a decade.

 

Fox Hill Business Park, located on 172 acres in the City of Fountain Inn, is being developed by  The Sudler Companies, a family- and veteran-owned and operated development firm based in Chatham, New Jersey. 

 

The Tesla facility in Greenville County will mark the second such venture between Tesla and The Sudler Companies in 2023, the duo having announced a similar project near Tampa, Florida, in 2023.

 

“Tesla’s commitment to Fox Hill Business Park in Greenville County is a testament to the continued strength of our company’s partnership with Tesla and to the indisputable drivers that make the park and the Upstate a force in the logistics world,” said Brian Sudler, principal with The Sudler Companies.

 

Tesla’s work in Greenville County will focus strictly on distribution of vehicle parts regionally and won’t include manufacturing, officials said.

 

Tesla will absorb all of Fox Hill’s Building 3, comprised of 251,100 square feet. Depending on final development strategies, the Fox Hill Business Park campus can accommodate up to 2.5 million square feet of manufacturing, distribution, and warehousing activity across multiple buildings.

 

Total investment and planned job additions by Tesla haven’t been made public.

 

Late in 2023, Tesla posted a hiring notice for a training leader to support and train employees at the new facility in Greenville County.

 

A company focused on accelerating the world’s transition to sustainable energy, Tesla is committed to building a world powered by solar energy, running on batteries, and transported by electric vehicles that charge with clean energy.

 

Tesla operates six vertically integrated factories across three continents and employs over 100,000 employees who design, build, sell and service Tesla products in-house.

 

The Tesla announcement is the latest major announcement for Fox Hill, which also saw the recent addition of Sage Parts Plus, a global leader in replacement parts for aviation ground support equipment.

 

Sage Parts opened new distribution operations in Fox Hill Business Park in mid-2023, leasing a 103,049-square-foot building to accommodate distribution operations along with its new global headquarters that houses its leadership team, purchasing, finance, customer service, HR, product management, and other support departments.

 

Fox Hill Business Park has immediate access to Interstate 385, I-85, the Inland Port in Greer, South Carolina, and Greenville Spartanburg International Airport.

 

The Sudler Companies are a vertically integrated development firm that includes construction and property management departments and owns and manages over 12 million square feet of commercial real estate across America.

 

“The addition of the Tesla brand to Greenville’s business ecosystem is another example of the important role that speculative development plays in today’s competitive environment, and exactly why Greenville County was so supportive of The Sudler Companies and Fox Hill Business Park,” said Kevin Landmesser, interim CEO of the Greenville Area Development Corporation.

 

“We are excited that Tesla has chosen to call Fountain Inn home for their first facility in South Carolina,” said City of Fountain Inn Mayor GP McLeer. “This facility will not only create local jobs that will support families, but it also helps many of our region's existing suppliers get their products to one of the nation's most innovative automotive companies more efficiently.

 

McLeer added, "We continue to be proud of our community's expanding role in the automotive industry and are excited to see Tesla begin operations.”

 

Since its founding in mid-2001, the GADC team’s efforts have resulted in the announcement of more than 34,600 new jobs and more than $6.6 billion in capital investment in Greenville County.

Core & Main Completes Acquisition of Lee Supply Company Inc.

Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Lee Supply Company Inc.

 

With four locations in Pennsylvania, South Carolina and West Virginia, Lee Supply is a leading specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and other related services, including HDPE fusion equipment rentals and custom fabrication capabilities.

 

Based in St. Louis, Core & Main is a specialized distributor with a focus on water, wastewater, storm drainage and fire protection products, and related services.

 

The company provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, nationwide.

 

It has approximately 320 locations across the U.S. and 4,500 associates.

Pinnacle Celebrates Morrison Yard Grand Opening With $100,000 Gift to Mother Emanuel Memorial Foundation

Pinnacle Financial Partners presented a $100,000 gift to the Mother Emanuel Memorial Foundation at the opening celebration for the firm’s new Morrison Yard office.

 

“Mother Emanuel is a pillar of hope in the Charleston community,” said Mary Garcia, regional president for Pinnacle Financial Partners. “We’re honored to partner with the Mother Emanuel Foundation in their efforts to honor the lives of the Mother Emanuel Nine. Supporting our community is not just a corporate responsibility. It’s a fundamental part of who we are.”

 

In addition to representatives from Mother Emanuel AME Church, business and community leaders and Pinnacle clients attended the Jan. 11 event at Pinnacle’s Morrison Yard office, 850 Morrison Drive, Suite 101.

 

The new full-service office sits at the gateway to the Charleston peninsula, the base of the iconic Arthur Ravenel Jr. Bridge. Officials said it expands the firm’s ability to serve in the heart of a growing Charleston.

 

The Morrison Yard office is home to 41 associates, including financial advisers, credit advisors, financial advisor assistants, financial specialists, treasury management analysts and more.

 

Office Leader Charles Thompson leads a team of three associates serving individuals and businesses from the retail office on the first floor, and the building is homebase for Garcia, the regional president.

 

The new office is a relocation from Pinnacle’s Meeting Street location. In addition to the retail office on the ground floor, the building has additional office space on the ninth floor of the building.

 

Both have the firm’s distinctive contemporary architectural style. The architect for the project was Liollio Architecture and the contractor was J. Musselman Construction, both based in Charleston.

 

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution.

 

The firm is listed by Forbes as No. 27 among America’s Best Banks, higher than any other bank headquartered in Tennessee, North Carolina, South Carolina or Georgia.

 

Pinnacle entered the South Carolina market in 2017 when it acquired BNC Bancorp, offering community bank service with the resources and sophistication of a larger firm.

 

Pinnacle was named the No. 1 Top Workplace in South Carolina, midsize companies category, in 2022 and 2021 by Charleston Business MagazineGreenville Business Magazine and Columbia Business Monthly, with top 10 finishes in 2019 and 2020.

 

The firm began operations in a single location in downtown Nashville, TN, in October 2000 and has since grown to approximately $47.5 billion in assets as of Sept. 30, 2023. 

 

Pinnacle operates in 17 primarily urban markets across the Southeast.

ScanSource Announces New Sales Leader for Intelisys

Greenville, South Carolina-based ScanSource, Inc. (NASDAQ: SCSC), a leading hybrid distributor connecting devices to the cloud, announced the promotion of Robert (Bob) Farbak to senior vice president of sales for Intelisys.

 

In this role, Farbak will lead the Intelisys regional sales and business development teams, while also designing the strategy to drive revenue growth and develop strong relationships with partners across the United States.

 

Intelisys has distributed services for the world’s leading telecom carriers, cable companies, cloud services providers and technology partners through the channel’s top producing sales partners.

 

Farbak brings more than 14 years of leadership experience to the position, nearly 10 with Intelisys. He most recently was VP of sales, Central Region. He has also served as director of sales for the Midwest Region and senior manager, Strategic Partner Development.

 

Farbak has extensive experience leading both direct and indirect teams. Prior to joining Intelisys, he held sales and channel manager roles for XO Communications.

 

“Bob has seen great success in his roles at Intelisys and has been instrumental to the continued growth of our business. He will bring his energy and passion for helping partners grow their business to this new role,” said Mike Baur, ScanSource chairman and CEO.

 

Founded in 1992, ScanSource was named one of the 2023 Best Places to Work in South Carolina and on FORTUNE magazine’s 2023 List of World’s Most Admired Companies. ScanSource ranks #817 on the Fortune 1000.

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