Economic Development

It’s no secret that rural communities face different realities and challenges than urban environments, from smaller populations to fewer large corporations that can provide employment. The Federal Reserve Bank of Richmond, which covers Maryland,...

The Falls Park Conference District, featuring a “uniquely Greenville” conference center, an adjacent hotel and surrounding mixed-use buildings, will become a landmark destination for meeting attendees, residents, and the broader Greenville...

Adeptus USA (Adeptus), a wood products manufacturer, announced it has selected Anderson County to establish its first South Carolina operation. The company’s $215.56 million investment will create 217 jobs. Adeptus’ new facility, located at 1205...

The U.S. Small Business Administration (SBA) announced that it awarded more than $8 million in grants to 50 organizations, including the South Carolina Research Authority, through the Federal and State Technology (FAST) Partnership...

In August, South Carolina saw both job growth and home values increase, according to a new regional economic snapshot by the Federal Reserve Bank of Richmond. "South Carolina's job growth accelerated in August, adding 10,800 jobs on net," said...

Symphony Sleep has expanded its U.S. operations with a new warehouse and distribution facility in Anderson, South Carolina, increasing inventory capacity and creating new efficiencies in serving retail customers. The Anderson facility strengthens...

Suniva, the oldest U.S. merchant manufacturer of high-efficiency monocrystalline silicon solar cells, has announced the completion of an $835 million capital raise comprising both debt and equity financing. The financing was provided by a group...

Tyson Steel Building Products , a producer of pre-engineered metal buildings, announced it has selected Pickens County for its first South Carolina operation. The company’s $15.15 million investment will create approximately 20...

Greystar, a global leader in rental housing, investment management, development, and property management, today announced a long-term lease with BMW North America at Mid85, its Class A logistics park in the Greenville-Spartanburg...

TPM has announced the sale of ColorLab through a management-led acquisition, with longtime ColorLab Vice President Dustin Batson acquiring the company and assuming ownership. Batson will continue leading the business alongside the existing team,...

The Conference Board Consumer Confidence Index decreased by 0.8 points to 89.4 (1985=100) in August, down from 90.2 in July. The Present Situation Index — based on consumers’ assessment of current business and labor market...

Thank you for that kind introduction, and for inviting me to join you today. I hope you’ve had a good summer, whether spending time with family, celebrating our 250th, watching the World Cup, or just enjoying the air conditioning. I spent time...

Preliminary analysis by NAFSA: Association of International Educators and JB International indicates a projected decline in international student enrollment for Fall 2026, with cascading effects on U.S. economic contribution and jobs supported....

The Greenville Area Development Corporation (GADC), has named Dan Rundle of Worthwhile as Chairman of its Board of Directors for the 2026-2027 term. Joining him as officers are Tim Morgan of Genesis Marketing Group as Vice Chairman, Michael...

Local governments in rural areas of South Carolina can compete for grant funds to help bring transformative projects to life. ​ The Rural Development Initiative annual competitive grant program, administered by S.C. Commerce, will open soon....

The Greenville Chamber’s vision is a globally competitive Upstate economy where businesses succeed and people prosper. We believe that when people prosper, businesses win, too. One way the Greenville Chamber tracks our community’s prosperity is by...

South Carolina Manufacturers and Commerce (SCMC) has announced the launch of its new Energy Council, a member-led initiative that will bring together business leaders and industry experts to discuss the issues shaping South Carolina's energy...

Labor Market Conditions"South Carolina's job growth stalled in June, with a decline of 400 jobs on net. Many industries saw either flat or declining employment." – Bethany Greene Payroll employment in South Carolina declined by 400 jobs (0.0...

A reciprocal access agreement between four South Carolina entrepreneur support organizations (ESO Network) will provide seamless access to each organization’s coworking space and conference rooms for their founders and startup members. The newly...

Communities throughout South Carolina are receiving community development grant funds totaling more than $7 million for public improvement projects.   This funding comes from the South Carolina Community Development Block Grant (CDBG)...

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