Palmetto psc pic

Columbia, SC  – Palmetto Shirt Co. ranked 14th in collegiate apparel sales for local licensees according to IMG College Licensing for the fiscal year ending June of 2018.  In 17 years of selling and manufacturing Clemson University and University of South Carolina merchandise, this is the 13th appearance on the top 25 list for Palmetto Shirt Co.

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New collaboration to create unified, cloud-based platform to support South Carolina's logistics industry

COLUMBIA, S.C. - The S.C. Department of Commerce today announced a partnership between the state of South Carolina and the Fraunhofer USA Center for Experimental Software Engineering to bring state-of-the-art innovation to South Carolina industry and logistics providers. 

This applied research and innovation project will be achieved by collaboration between the University of South Carolina (USC), Fraunhofer USA and two South Carolina firms -- Datos Consulting and G&P Trucking. Focused initially on the development of a cloud-based platform and data cybersecurity for transportation companies, this project has the ability to be developed to include other modes of freight movement in the future.

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Manufacturer Investing $25 Million to Increase Its Production Capacity

COLUMBIA, S.C. – Carolina Poly, Inc., a venture of Poly-America, one of the largest polyethylene film manufacturers in the United States,is expanding its Chester County operations. The company’s $25 million capital investment is projected to create 75 new jobs. 

With sister companies and divisions across the country, Poly-America launched Carolina Poly in Chester County in 2015. The company produces several product lines, including trash bags, plastic sheeting, silage bags and shrink films.

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Company Investing $20 Million to Create 225 New Jobs

COLUMBIA, S.C.– Nutramax Laboratoriesand its family of companies, a leading manufacturer and marketer of nutritional supplement products for people and their pets, are expanding operations in Lancaster County. The company is investing an additional $20 million in the project, creating 225 new jobs in Lancaster, S.C.

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New Flights Will Enhance the State’s Economic Development Marketability

COLUMBIA, S.C. –British Airways, a full-service global airline, today announced plans for new, non-stop air service between London’s Heathrow Airport and the Charleston International Airport. The twice-weekly flight, slated to start in April 2019, marks the first direct trans-Atlantic flight from the state of South Carolina.

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Joint Manufacturing Venture Creating 50 New Jobs 

COLUMBIA, S.C. – Huvis Indorama Advanced Materials, a 50-50 joint venture between Indorama Ventures Public Company Limited and South Korea-based Huvis Corporation, is launching new manufacturing operations at Auriga Polymers, Inc.’s campus in Spartanburg County. The $48 million investment is projected to create 50 new jobs.

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FY18 total loan volume reaches more than $349 million with 695 approved loans

SOUTH CAROLINA – The U.S. Small Business Administration announced FY18 lending numbers showing that it guaranteed over $30 billion to small businesses that otherwise would not have had access to capital. Over $349 million was guaranteed to South Carolina small businesses.

In FY18, there were a total of 695 loans made in South Carolina, a 16.6 percent increase compared to FY17’s total of 596 loans. The dollar amount of loans guaranteed had a slight decrease of 10 percent from last year’s total of $389 million.

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Mike Scruggs