#YeahTHATAgenda: SC's Top Economic Development Announcements, Bosch's Self-Driving Future, Lockheed Offloads Pensions, Microwave Meals Go XXX
Jan 30, 2019 09:10AM ● By Chris Haire
The S.C. Department of Commerce's annual Industrial Recruitment Report is out, with the number of new capital investment for the Palmetto State dropping by $1 billion from 2017 to 2018.
While the report notes the drop, the 2018 figure of $4.2 billion is substantially higher than 2016's $3.4 -- and North Carolina's 2018 figure of $3.54 billion. However, the Tarheel State bested its Palmetto State neighbor in the total jobs created department, bringing in 19,729 jobs to SC's 14,071.
In the Palmetto State, Germany and China remained dominate international players in the recruitment game, accounting for 5% and 4% of the new investment, respectively. Both nations, however, pale in comparison to the 77% of new investment from American firms.
Meanwhile, the vast majority of investment was from new recruits (61%) over expansions (39%).
Top Economic Development Announcements of 2018:
By Capital Investment
1) Google – Berkeley County ($600 million)
2) Keurig Dr. Pepper – Spartanburg County ($350 million)
3) Southern Current – Darlington County ($340 million)
4) JW Aluminum Company – Berkeley County ($255 million)
5) Becton, Dickinson and Company – Sumter County ($150 million)
6) Southern Current – Chesterfield County ($100 million)
6) Southern Current – Lee County ($100 million)
8) Tradewind Energy – Orangeburg County ($89 million)
9) Eagle Solar Group – Orangeburg County ($87.9 million)
10) Zeus Industrial Products – Calhoun County ($76 million)
By Job Creation
1) RoundPoint Mortgage Servicing Corporation – York County (1,100 jobs)
2) ServiceMac, LLC – Lancaster County (1,000 jobs)
3) W International – Berkeley County (600 jobs)
4) Keurig Dr. Pepper – Spartanburg County (500 jobs)
5) Draexlmaier Automotive of America – Spartanburg County (460 jobs)
6) Samsung Electronics America, Inc. – Greenville County (400 jobs)
7) Evanesce Packaging Solutions – Colleton County (368 jobs)
8) Zeus Industrial Products – Calhoun County (350 jobs)
9) Wheel Pros, LLC – York County (275 jobs)
10) Healthcare U.S. Co., Ltd. – Fairfield County (250 jobs)
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While the report notes the drop, the 2018 figure of $4.2 billion is substantially higher than 2016's $3.4 -- and North Carolina's 2018 figure of $3.54 billion. However, the Tarheel State bested its Palmetto State neighbor in the total jobs created department, bringing in 19,729 jobs to SC's 14,071.
In the Palmetto State, Germany and China remained dominate international players in the recruitment game, accounting for 5% and 4% of the new investment, respectively. Both nations, however, pale in comparison to the 77% of new investment from American firms.
Meanwhile, the vast majority of investment was from new recruits (61%) over expansions (39%).
Top Economic Development Announcements of 2018:
By Capital Investment
1) Google – Berkeley County ($600 million)
2) Keurig Dr. Pepper – Spartanburg County ($350 million)
3) Southern Current – Darlington County ($340 million)
4) JW Aluminum Company – Berkeley County ($255 million)
5) Becton, Dickinson and Company – Sumter County ($150 million)
6) Southern Current – Chesterfield County ($100 million)
6) Southern Current – Lee County ($100 million)
8) Tradewind Energy – Orangeburg County ($89 million)
9) Eagle Solar Group – Orangeburg County ($87.9 million)
10) Zeus Industrial Products – Calhoun County ($76 million)
By Job Creation
1) RoundPoint Mortgage Servicing Corporation – York County (1,100 jobs)
2) ServiceMac, LLC – Lancaster County (1,000 jobs)
3) W International – Berkeley County (600 jobs)
4) Keurig Dr. Pepper – Spartanburg County (500 jobs)
5) Draexlmaier Automotive of America – Spartanburg County (460 jobs)
6) Samsung Electronics America, Inc. – Greenville County (400 jobs)
7) Evanesce Packaging Solutions – Colleton County (368 jobs)
8) Zeus Industrial Products – Calhoun County (350 jobs)
9) Wheel Pros, LLC – York County (275 jobs)
10) Healthcare U.S. Co., Ltd. – Fairfield County (250 jobs)
Proposed mixed-use development in Travelers Rest gets initial approval (Greenville News)
Companies plan to invest $47M, create 300 jobs (Spartanburg Herald-Journal)
Zara’s new logo may be the future of branding, love it or hate it (Fast Company)
Google Takes First Steps to Killing the URL (Wired)
'Metallic Wood' Has the Strength of Titanium and the Density of Water (Manufacturing.Net)
Logistics Management survey takes a look at impact of federal government shutdown on logistics operations (Logistics Management)
Report: Americans got 26.3 billion robocalls last year, up 46 percent from 2017 (WaPo)
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Swiss Miss Blogger, Adobe Evangelist At Clemson CollabFest, Feb. 27-March 2
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The Caine Companies
President & CEO
Stephen Edgerton is president and CEO of The Caine Companies. More than ten years ago, Edgerton joined the firm as the chief operating officer and set into motion an initiative to evolve the then 75-year-old firm into a progressive company challenging the status quo of the real estate industry.
Chairman of the Coldwell Banker Large Office Group (LOG) for four years and Chairman of the Board of Directors for the Metro Greenville YMCA, Edgerton’s professional influence reaches beyond the workplace. He is also a member of the prestigious Young Presidents Organization (YPO).
Thanks to Edgerton’s philanthropic leadership, the firm’s Caine Cares program impacts the community with a focus on human services, animal welfare, arts, and health and wellness. These values are evident in his own life through his personal community service efforts, including delivering to the same Meals on Wheels route for the past 10 years.