South Carolina Industry Recruitment Reaches $8.19 Billion in 2024

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The South Carolina Department of Commerce released its 2024 industry recruitment results, with an announced total capital investment of $8.19 billion from January to December 2024.

State officials said existing industries reinforced their commitment to South Carolina by reinvesting in the state through expansion projects, accounting for $5.38 billion of all announced capital investment last year.

“The mutual dedication and commitment between South Carolina and its business community have once again been demonstrated by the companies that have chosen to call our state home,” said Gov. Henry McMaster.

The governor added, “South Carolina remains dedicated to the success of our businesses for the economic betterment of our people and the overall strength of our economy. The decision of so many companies to expand and reinvest here underscores the unique value South Carolina offers as a trusted partner in their success."

The announced capital investment of $8.19 billion includes major investments in the leading industry sectors of 2024 by total investment:

Information Technology and Computer Equipment – $4.1 billion.

Automotive – $1.3 billion.

Aerospace – $1 billion.

“The capital investment and economic development activity announced in 2024 reinforces South Carolina’s position as a competitive destination for businesses across many sectors,” said Secretary of Commerce Harry M. Lightsey III.

“As outlined in January 2024, S.C. Commerce remains committed to ensuring South Carolina’s long-term economic competitiveness. By building upon industries in which we have established ourselves as a national leader — like automotive and advanced manufacturing — while unlocking potential in emerging sectors, we can create more high-wage, high-skill economic opportunities,” Lightsey added.

He also said, “South Carolina is a dedicated partner for businesses looking to build a legacy, and we look forward to continuing that mission in 2025 and beyond.”

State official said the year’s total announced capital investment of $8.19 billion accounts for more than 5,500 announced new jobs.

For more details on the state’s announced economic activity in 2024, click here.

A complete list of announced projects since 2011 can be found via the “Inform SC” data hub.

Charleston International Airport Sees 1.5 Percent Increase in Passenger Traffic Over the 2024 Holiday Season

Charleston International Airport (CHS) announced a 1.5 percent increase in passenger traffic during the 2024 holiday season, surpassing last year’s numbers.

Airport officials said this year’s holiday season, spanning Christmas and New Year’s, marked another significant milestone for the airport as it continues to serve as a hub for travelers in and out of the Charleston region.

From Dec. 19, 2024, through Jan. 1, 2025, Charleston International welcomed 114,511 passengers through the TSA security checkpoint, or solid growth compared to the same period in 2023.

Officials said the airport’s ongoing expansion, improvements to passenger services, and growing list of direct flights helped create a seamless travel experience for leisure and business travelers.

The officials said Charleston International Airport’s operational success this holiday season can be attributed to a combination of factors, including expanded air service, improved security measures, and a heightened focus on customer experience.

Additionally, the airport's efficient operations allowed for smooth and timely departures, while enhanced amenities and customer service provided added comfort for passengers throughout their journeys, the officials said.

As Charleston’s economy continues to grow, the airport expects further increases in traffic throughout 2025 and beyond.

The airport’s ongoing expansion project, which includes additional terminal space, new flight routes, and the construction of a new state-of-the-art parking garage and rental car center, is poised to accommodate even more travelers in the coming years, airport officials said.

David Feild Named CEO of Colliers | South Carolina

Colliers | South Carolina said David M. Feild has assumed the role of chief executive officer.

Feild, who was named president in 2024, succeeds John W. Folsom, who has led the company as CEO for 31 years.

Folsom will transition to the role of non-executive chairman of the board, continuing his presence within the company and community.

With more than 25 years of commercial real estate expertise, Feild has played a large role in driving the company’s growth and success.

During his 11-year tenure as market leader for Colliers’ Greenville-Spartanburg offices, he guided the company in the Upstate region through significant expansion across all service lines.

As president, he has continued cultivating innovation and deepening the company’s impact across South Carolina.

“I am honored to lead Colliers | South Carolina into this next chapter,” said Feild. “John Folsom has built an incredible legacy, and I am committed to advancing our mission of delivering exceptional service to our clients while investing in the communities we call home.”

Feild added, “Together with our talented team, we will continue to build on our 119-year history and drive the success of our clients, colleagues and communities.”

Feild has served as board chair of Ten at the Top, is a current board member of the Greenville Chamber of Commerce and is a 2024 graduate of Leadership South Carolina.

A Furman University alumnus, Feild remains engaged as a Riley Fellow and former Alumni Association Board member.

Officials said Folsom will continue to provide strategic guidance and maintain key client relationships.

He will also remain active in community leadership, including positions with the Midlands Business Leadership Group, Certified Development Corporations, Salute from the Shore and the Columbia Airport Commission.

“Leading Colliers has been one of the greatest honors of my career,” said Folsom. “I am confident that David’s leadership will ensure our continued success and strategic growth as a company dedicated to serving our clients and communities across South Carolina and shaping the commercial real estate landscape.”

Colliers International South Carolina Inc. was founded in 1906 in Columbia by Walter A. Keenan as The Keenan Company.

Following Walter A. Keenan’s leadership, the company was led by his son, Walter M. Keenan.

Neel Keenan, grandson of Walter A. and son of Walter M., has been with the company since 1976, is a senior vice president and remains an integral part of the company’s development and growth.

Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina, with 66 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville, and Spartanburg.

Carolinas AGC Announces 2025 Board of Directors

Carolinas AGC (CAGC) announced the 2025 Board of Directors.

The CAGC Board is made up of the following members:

Chair: Ty Edmondson, T. A. Loving Company
Chair Elect: Lynn Hansen, Crowder Constructors Inc.
Treasurer: Marty Moser, Barnhill Contracting
Vice Chair: Paul Edwards, Reeves 
Immediate Past Chair: Dean Wilson, Hood Construction Company, Inc.
President & CEO: Dave Simpson, CAE, Carolinas AGC
Highway-Heavy Chair: Brent E. Evans, Banks Construction Company
Building Division Chair: Matt Chambers, Clancy & Theys Construction
Utility Division Chair: Christopher Stike, Sanford Contractors
Specialty Division Chair: Josh Byers, Wayne Brothers Companies
Supplier Division Chair: Adam Dougherty, Arthur J. Gallagher
Director At-Large: Jim Roberts, Langston Construction Co. of Piedmont LLC
Director At-Large: Beth Muter, Muter Construction, LLC
Director At-Large: Drew Johnson, Branch Civil
Appointed Director – Specialty/Supplier: Gerald Carr, All-Pro Builders & Restorations, LLC
Appointed Director – Young Leader: Lindsay Smith, Palmetto Corp.

Carolinas AGC (CAGC) is a construction trade association made up of small and large commercial contractors and construction-related firms that perform building, utility, and/or highway work in the Carolinas.

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