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Economic Development in South Carolina

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krazeeboi
krazeeboi

As we've found out, the downtown Greenville economic development is part of a planned downtown mixed-use project which will house the headquarters of CertusBank, a subsidiary of Charlotte-based Blue R

gman430
gman430

Otis Elevator Company is expected to announce a new manufacturing plant for Florence tomorrow that will create 360 new jobs with average hourly wages of $25. It will be a $40 million investment.

GvilleSC
GvilleSC

No, not where do we need to invest (i.e. education), but at what point do you think South Carolinians could say "we're on par with our neighbors"? Is it jobless rates, GDP, income levels??? To a certa

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GvilleSC Megalopolis

GvilleSC

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Grainger is adding 200 jobs at its Fountain Inn plant.

Grainger employs about 330 at the warehouse now and plans to add between 200 and 250 jobs "and possibly more than that" to handle increased volume over time, Van Kanegan said. He said the warehouse has served the Southeast since it opened 20 years ago, but will serve the entire East Coast after the expansion.

The pay will start at $12.50 and go upward. The Greenville metro is on a roll with jobs right now despite the national economy.

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gman430 Megalopolis

gman430

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^True. As is SC in general. I swear I've seen more job announcements over the past few weeks than I have layoffs.

Two companies to each add 50 new jobs in Anderson: http://www.independentmail.com/news/2008/n...dd-50-new-jobs/ And they say the economy is bad. Smoke and mirrors is all it is if you ask me. Know anybody complaining about low gas prices? :rolleyes:

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krazeeboi Gigalopolis

krazeeboi

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Two companies to each add 50 new jobs in Anderson: http://www.independentmail.com/news/2008/n...dd-50-new-jobs/ And they say the economy is bad. Smoke and mirrors is all it is if you ask me. Know anybody complaining about low gas prices? :rolleyes:

As Spartan said, it will take time for these job gains to materialize. So yes, the economy is bad right now.

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krazeeboi Gigalopolis

krazeeboi

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Spartanburg was listed as the 4th best middle-class housing market according to a recent Forbes ranking. The study looked at the country's 165 largest Census-defined metro areas for housing markets where the middle 50% was outperforming the local market as a whole. I thought it was interesting that Spartanburg's profile said that as Charlotte continues to grow, Spartanburg is becoming more of an exurb of Charlotte.

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Spartan Gigalopolis

Spartan

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Based on what though? The best we have is anecdotal evidence.

I think the Charlotte Metro's most "exurban" sphere of influence stops in Cherokee County. If you live on the northeastern side of Cherokee, it takes about the same amount of time to drive to eastern Gastonia as it does to drive to the west side of Spartanburg to do shopping and what not, and I know that people who live there sometimes choose Gastonia.

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gman430 Megalopolis

gman430

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Regional Utility Services Inc. plans to add 202 new jobs over the next few years in Spartanburg according to WYFF: http://www.wyff4.com/news/18291539/detail.html On top of that, the GE plant in Greenville just got a very large order from Iraq: http://www.google.com/hostednews/ap/articl...d0BR8QD953UCA01 According to an article from GSA Business, Greenville County saw more than 20 announcements representing more than 1,500 jobs and $180 million in investments this year. In the fourth quarter alone, there were eight announcements totaling more than $67 million in investments and 600 jobs. That is a new record apparently in terms of job growth over a one year period. Great news for the upstate all around. :)

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GvilleSC Megalopolis

GvilleSC

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Regional Utility Services Inc. plans to add 202 new jobs over the next few years in Spartanburg according to WYFF: http://www.wyff4.com/news/18291539/detail.html On top of that, the GE plant in Greenville just got a very large order from Iraq: http://www.google.com/hostednews/ap/articl...d0BR8QD953UCA01 According to an article from GSA Business, Greenville County saw more than 20 announcements representing more than 1,500 jobs and $180 million in investments this year. In the fourth quarter alone, there were eight announcements totaling more than $67 million in investments and 600 jobs. That is a new record apparently in terms of job growth over a one year period. Great news for the upstate all around. :)

I knew the job announcements seemed to be appearing left and right, but I didn't realize we were seeing a new record! Definitely good news!

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CorgiMatt Town

CorgiMatt

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Not the kind of economic news we need to be hearing....

440 employees will be without jobs when Continental closes their SC facility.

http://www.thestate.com/local/story/622256.html

Here's another one. These announcements are never easy to hear.

http://www.greenvilleonline.com/article/20...INESS/812180309

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gs3 Metropolitan Area

gs3

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Here's another one. These announcements are never easy to hear.

http://www.greenvilleonline.com/article/20...INESS/812180309

Not hard to hear on this one. Bosch is offering voluntary severance to see who will take it at the Charleston and Anderson factories. If enough take it, no layoffs will be needed. Thank God Bosch isn't just closing up and leaving the state as in the case of Continental in Blythewood, where 440 will simply be out of work.

In other news, Greenville continues to buck the national recession:

Article from Greenville News talks about how the bad national economy makes Greenville's low cost of living, job gains and housing stability look even better.

http://www.greenvilleonline.com/article/20.../812180316/1003

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krazeeboi Gigalopolis

krazeeboi

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Charles River Laboratories has announced it will invest $20 million and add 60 jobs as it builds a new research and warehouse facility in Charleston. The global company, which assists other companies in drug development and testing, announced Wednesday the research and production jobs will be added during the next five years.

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